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1226 W 37th Dr Los Angeles, CA 90007
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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,834 sqft
Price per Sqft $981
MLS Listing ID 22-207021
Sold Date 12/14/22
Bedrooms 7
Year Built 1909
Lot Size 7,522 Sqft
Acres 0.1727
Property Sub-Type Multi-Family
Property Description
We are pleased to offer the opportunity to acquire this fully occupied student housing investment, located in the desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The duplex is approximately 1,834 rentable square feet on a 7,522 square foot lot, featuring one (1) spacious 4-bedroom + 2-bathroom unit, & one (1) 3-bedroom + 2-bathroom unit. The property has future redevelopment potential in that a developer has a 7,522 square foot lot, zoned LARD2, and has excellent ADU potential to further increase cashflow. The property is currently fully occupied with USC students and rented for $6,275/Month.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LARD2
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Flooring Hardwood
Equipment Range/Oven, Refrigerator, Other, Garbage Disposal
Exterior
Parking Features Other
Others
Special Listing Condition Standard
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Bought with AKGRE Inc