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1257 W 37th Drive

Los Angeles, CA 90007
  • $3,499,990
  • STATUS: ACTIVE
  • ON SITE: 109 Days
  • ID#: MB23150864
UPDATED: 60 min ago
$3,499,990
  • 17
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Fantastic investment opportunity in a prime location! This property is situated in the sought-after USC area, making it an ideal choice for savvy investors, especially those interested in student housing. The location within a patrol zone adds an extra layer of security and peace of mind. Recent upgrades have expanded the property, with two new units built in 2022, resulting in a total of 4,316 square feet across all three units. Please note that square footage details, as provided by the current owner, should be independently verified by the buyer and their agent through thorough due diligence, including consultation with city authorities. This property offers incredible potential, given its proximity to the university and the growing demand for student housing. Buyers are encouraged to conduct their own research into the local real estate market, university enrollment trends, and any pertinent regulations related to student housing. For an outstanding investment opportunity that merges location, expansion, and potential, look no further. Property sold as is. Fantastic investment opportunity in a prime location! This property is situated in the sought-after USC area, making it an ideal choice for savvy investors, especially those interested in student housing. The location within a patrol zone adds an extra layer of security and peace of mind. Recent upgrades have expanded the property, with two new units built in 2022, resulting in a total of 4,316 square feet across all three units. Please note that square footage details, as provided by the current owner, should be independently verified by the buyer and their agent through thorough due diligence, including consultation with city authorities. This property offers incredible potential, given its proximity to the university and the growing demand for student housing. Buyers are encouraged to conduct their own research into the local real estate market, university enrollment trends, and any pertinent regulations related to student housing. For an outstanding investment opportunity that merges location, expansion, and potential, look no further. Property sold as is.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/142527867
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1257 W 37th Drive Los Angeles, CA 90007

  • Price: $3,499,990
  • Status: ACTIVE
  • On Site: 109 Days
  • Updated: 60 min ago
  • ID#: MB23150864
17
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Los Angeles (90007)
County:
Los Angeles
Area:
Los Angeles (90007)
Property Description
Fantastic investment opportunity in a prime location! This property is situated in the sought-after USC area, making it an ideal choice for savvy investors, especially those interested in student housing. The location within a patrol zone adds an extra layer of security and peace of mind. Recent upgrades have expanded the property, with two new units built in 2022, resulting in a total of 4,316 square feet across all three units. Please note that square footage details, as provided by the current owner, should be independently verified by the buyer and their agent through thorough due diligence, including consultation with city authorities. This property offers incredible potential, given its proximity to the university and the growing demand for student housing. Buyers are encouraged to conduct their own research into the local real estate market, university enrollment trends, and any pertinent regulations related to student housing. For an outstanding investment opportunity that merges location, expansion, and potential, look no further. Property sold as is. Fantastic investment opportunity in a prime location! This property is situated in the sought-after USC area, making it an ideal choice for savvy investors, especially those interested in student housing. The location within a patrol zone adds an extra layer of security and peace of mind. Recent upgrades have expanded the property, with two new units built in 2022, resulting in a total of 4,316 square feet across all three units. Please note that square footage details, as provided by the current owner, should be independently verified by the buyer and their agent through thorough due diligence, including consultation with city authorities. This property offers incredible potential, given its proximity to the university and the growing demand for student housing. Buyers are encouraged to conduct their own research into the local real estate market, university enrollment trends, and any pertinent regulations related to student housing. For an outstanding investment opportunity that merges location, expansion, and potential, look no further. Property sold as is.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Total Baths Unit1 9 Total Baths Unit2 4 Total Baths Unit3 4

Property Features

Annual Expense Actual 13896 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 17.3 Gross Scheduled Income Actual 213600 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 7900.0 Unit2 Rent Actual 5000.0 Unit3 Rent Actual 4900.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Delimiro Ceja of Century 21 Realty Masters: 562-305-7949. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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