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    1385 W 37Th Pl

    Los Angeles, CA 90007
    • $1,250,000
    • STATUS: Active
    • ON SITE: 84 days
    • MLS #: 20-666326
    Price Reduced
    $1,250,000
    • 10
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,348
      SQFT
    • $234
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    The subject property is a rare investment opportunity for savvy investors in search of a hassle-free investment of a 5-unit building with plenty of upside potential. The building has recently been renovated; new roof, new windows, new electrical, and the city retrofit has been completed. The building is fully occupied without delinquencies. The demand for apartment units continues to increase in this neighborhood due to its proximity of USC and downtown Los Angeles. This is a perfect opportunity to own an income property close to the Banc of California Stadium, USC, the new NFL Stadium and many more!

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T23:42:23.67. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/112408609
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    1385 W 37Th Pl Los Angeles, CA 90007

    • Price: $1,250,000
    • Status: Active
    • MLS #: 20-666326
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,348
    SQFT
    $234
    $/SQFT
    1964
    Built
    Neighborhood:
    Los Angeles Southwest
    County:
    Los Angeles
    Area:
    Los Angeles Southwest
    Property Description
    The subject property is a rare investment opportunity for savvy investors in search of a hassle-free investment of a 5-unit building with plenty of upside potential. The building has recently been renovated; new roof, new windows, new electrical, and the city retrofit has been completed. The building is fully occupied without delinquencies. The demand for apartment units continues to increase in this neighborhood due to its proximity of USC and downtown Los Angeles. This is a perfect opportunity to own an income property close to the Banc of California Stadium, USC, the new NFL Stadium and many more!
    Exterior Features

    Covered Parking 4 Cross Streets 37th Place And Normandie Lot Size Area 4790 Other Structures None Parking Garage Carport Attached Pool Description None Pool YN No Roof Asphalt Spa None Spa YN No Tennis Court None Tennis YN No Total Parking 5

    Interior Features

    Bathroom Features Shower And TubLow Flow Toilet(S) Baths Total 6.00 Common Walls Attached Cooking Appliances Cooktop - GasOven-Gas Cooling Wall/Window Equipment DishwasherGarbage Disposal Flooring CarpetCeramic Tile Heating Wall Kitchen Features Tile Counters Water Heater Features Gas

    Property Features

    Assessed Total Value 259657 Gross Income 0 Gross Operating Income 85716 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 55843.00 Number Of Buildings 1 Number Of Units 5 Owner Pays Water Rent Control YN Yes Sale Type Standard Security Features Automatic GateCarbon Monoxide Detector(S)Smoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 25587 TVServices Cable TvTv Satellite Dish Type Of Units Apartments Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Joseph Bitew DRE#01464932 of Joy Abram.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T23:42:23.67. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253