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1137 W 25Th St

Los Angeles, CA 90007
  • $6,180,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 21-787326
UPDATED: 44 min ago
$6,180,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,582
    SQFT
  • $720
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:

School Ratings & Info

Description

We are pleased to present an opportunity to purchase a Newly Renovated 16 Unit Student Housing Apartment Building located at 1137 W 25th St, Los Angeles, CA 90007. This prime USC Housing property is a 16 Unit Student Housing project currently configured as 16 Beds. The property consists of 16 spacious studios. Currently, the property is operating as 16 separate studio units with 1 Bed per Studio Unit. There is an opportunity to increase occupancy to a double occupancy model to increase the bed count to 32 Beds.The Project is equipped with modern appliances and features such as Central Heating and AC, Refrigerator, Stove Range Oven, Microwave, Dishwasher located within the unit.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T06:42:49.91. 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.searchdesertrealestate.com/homes/121720736
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1137 W 25Th St Los Angeles, CA 90007

  • Price: $6,180,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 44 min ago
  • MLS #: 21-787326
0
Beds
0
Baths
0
½ Baths
0.13
Acres
8,582
SQFT
$720
$/SQFT
1927
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
We are pleased to present an opportunity to purchase a Newly Renovated 16 Unit Student Housing Apartment Building located at 1137 W 25th St, Los Angeles, CA 90007. This prime USC Housing property is a 16 Unit Student Housing project currently configured as 16 Beds. The property consists of 16 spacious studios. Currently, the property is operating as 16 separate studio units with 1 Bed per Studio Unit. There is an opportunity to increase occupancy to a double occupancy model to increase the bed count to 32 Beds.The Project is equipped with modern appliances and features such as Central Heating and AC, Refrigerator, Stove Range Oven, Microwave, Dishwasher located within the unit.
Exterior Features

Lot Size Area 5877 Other Structures None Parking Garage None Total Parking 0

Interior Features

Baths Total 16.00 Cooling Air Conditioning Equipment MicrowaveRefrigeratorRange/Oven Heating Central

Property Features

Assessed Total Value 1780175 Gross Income 406166 Gross Operating Income 406166 Like Units1 16 Net Operating Income 277786.00 Number Of Buildings 1 Number Of Units 16 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 128381 Type Of Units Apartment Year Built Source Assessor Zoning Lar4

Listing provided courtesy of Arthur Arejian DRE#01037335 of Arthur Arejian, Broker.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-02T06:42:49.91. 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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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210