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$ 1,250,000
Est. payment /mo
Active
3017 W 36th Street Los Angeles, CA 90018
7 Beds
3,141 SqFt
UPDATED:
11/24/2024 03:36 PM
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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Listed by Davis Saadian • KW Advisors