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$ 1,165,000
Est. payment /mo
Active
1305 W 37th Place Los Angeles, CA 90007
7 Beds
2,134 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,134 sqft
Price per Sqft $545
MLS Listing ID CL26833215
Bedrooms 7
HOA Y/N No
Year Built 1951
Lot Size 6,283 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5040010016
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Listed by MiJeong Kim • Mi Jeong Kim