Address
1211 W 37Th Drive Los Angeles, CA
Price
$ 2,660,000
Property Attributes
  • MLS#20607250
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90007
  • Style
  • Price$ 2,660,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Davis Saadian with BRC Advisors- BH.
Property Description

We are pleased to offer for sale this six(6) unit, 17-bedroom + 6-bathroom Student Housing investment opportunity, located blocks away from the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1964, with approximately 5,728 rentable square feet on a 6,600 square foot lot. The investment is comprised of a unit mix consisting of five(5) 3-bedroom + 1-bathroom units, & one (1) 2-bedroom + 1-bathroom unit. Units have been updated, remodeled, and include hardwood floors, new kitchen appliances, air conditioning, ten(10) on-site parking spaces, and on-site laundry for additional income.The investment is 100% occupied with USC students, and fully leased for the 2020-2021 academic school year. Tenants pay for all gas, electricity, trash, and water. All Students for 2020-21 have moved in and there are no vacant units or deferred rent payment for ensuing school year.

Price History
7/21/2020 Listed $2,660,000

General Features

Appliances Dishwasher, Disposal, Microwave, Refrigerator
Directions 1211 W. 37th Drive, LA 90007
Heating None
Listing Agent Davis Saadian - BRE#01921748
Listing Agent State License 01921748
MLS Area C34 - Los Angeles Southwest
Parking Features Gated, Private
Special Listing Conditions Standard
Total Units 6
Zoning LARD2

Interior Features

Appliances Y/N Yes
Total Stories 2

Exterior Features

Lot Size Acres 0.1500
Lot Size Area 6600.0000
Lot Size Square Feet 6600.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90007

Price
AVG $1.54M
$2.66M
Visits
AVG 33
24
Year Built
AVG 1934
1964
Walkscore
AVG 80
73
Data Provided by Walkscore ® not using MLS data

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