Los Angeles, CA 90007,1205 W 37th Dr
Los Angeles, CA 90007,1205 W 37th Dr
Los Angeles, CA 90007,1205 W 37th Dr
19
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$3,750,000
Est. payment /mo
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14 BD
14 BA
4,956 SqFt
Price Dropped by $200K

1205 W 37th Dr Los Angeles, CA 90007

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UPDATED:

11/13/2024 11:27 PM

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


TheMLS (CLAW)
Listed by McAlpin & Company

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Enrique Arce Cervera

Realtor | RE.S.0193817

+1(702) 601-3668

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1205 W 37th Dr