1205 W 37th Dr Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,956 sqft
Price per Sqft $756
MLS Listing ID 24-433527
Style Contemporary
Bedrooms 14
Construction Status New Construction, Updated/Remodeled
Year Built 1915
Lot Size 6,603 Sqft
Acres 0.1516
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 Los Angeles Southwest
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Flooring Laminate
Equipment Garbage Disposal, Refrigerator, Range/Oven, Dishwasher
Exterior
Parking Features None
Waterfront Description None
View Y/N Yes
View City
Building
Story 3
Architectural Style Contemporary
Level or Stories Multi/Split
Construction Status New Construction, Updated/Remodeled
Others
Special Listing Condition Standard