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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,350,000

Est. payment - /mo

6,603 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26233908

HOA Y/N No

Year Built 2021

Lot Size 6,603 Sqft

Property Sub-Type Quadruplex

Property Description

As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 3-unit 2021-constructed residential investment property located in the highly desirable USC/Exposition Park area at 1236–1238 W. 37th Place, Los Angeles, CA 90007. This property consists of 3-units and each unit contains 4 bedrooms and 4 bathrooms making is conducive for co-living rentals. This asset is currently fully leased and is generating $16,000 per month.

Strategically situated near the University of Southern California (USC), Exposition Park, public transportation, shopping, dining, and major employment centers, the property is well-positioned to benefit from continued demand for student-oriented and flexible residential housing. Its proximity to USC provides an attractive opportunity for investors seeking rental income from the university-area housing market.

This property is part of a 6-building Co-Living Apartment Portfolio collectively offered at $9,900,000.

All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Heating Central

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Biking

Total Parking Spaces 4

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5040014012

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Kirk Garabedian Keller Williams R. E. Services 818-298-8810, DRE #01216376

NEARBY SCHOOL & BUSINESS

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1236 W 37th Los Angeles, CA 90007