3017 W 36th Street Active

Los Angeles,CA 90018

$ 1250000

7 Beds

0 Bath

3141 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,141 sqft

Price per Sqft $397

MLS Listing ID CL24434463

Bedrooms 7

HOA Y/N No

Year Built 1948

Lot Size 10,327 Sqft

Acres 0.24

Property Description

We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom units. The current income is about $5,681/month, and there's approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation.

Location

State CA

County Los Angeles

Area Listing

Zoning LAR1

Interior

Fireplace No

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 5044009041

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