CA > Los Angeles
Los Angeles, CA 90007,1205 W 37th DR
Los Angeles, CA 90007,1205 W 37th DR
Los Angeles, CA 90007,1205 W 37th DR
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LEON M. BORUNDA

LEON M. BORUNDA

+1(559) 779-6540
$3,950,000
Est. payment /mo
14 Beds
14 Baths
4,956 SqFt
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UPDATED:

09/30/2024 06:25 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,956 sqft

Price per Sqft $797

MLS Listing ID 24433527

Bedrooms 14

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1915

Lot Size 6,603 Sqft

Property Description

We are pleased to present an opportunity to invest in USC student housing. It is located within a mile of the main campus and within a couple of blocks of the Metro Expo Line. The asset consists of two buildings. There is a completely renovated, 5-bedroom 5-bathroom single family residence at the front of the lot with each bedroom being rented out individually. Right behind it is a 3 story Duplex and ADU. The Duplex was built in 2020 and is comprised of (2) 3-bedroom 3-bathroom units. The ADU, which was completed in 2023, is also 3 bedrooms and 3 bathrooms. The entire complex is leased to USC students. There is high demand for newer, updated student housing, which makes this investment even more attractive. The location is situated in the USC DPS security zone, which provides tenants and owners with peace of mind. The site is also within walking distance to the Metro Expo Line station offering easy access to everything LA, from the beach to DTLA. It is also a stone's throw from the LA Coliseum, home of the USC Trojan Football team, the LAFC Soccer Stadium, Exposition Park, the Natural History Museum of LA County and the George Lucas Museum of Narrative Art.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Garage None

View Y/N Yes

View City Lights

Parking Type None

Building

Faces South

Story 3

Entry Level Multi/Split

Architectural Style Contemporary

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5040014020

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jerome McAlpin • McAlpin & Company

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LEON M. BORUNDA

+1(559) 779-6540

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