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Listing Details

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School Ratings & Info

Description

We are pleased to present an opportunity to purchase a Brand New 30 Bed/Bath Student Housing Building located at 1282-1290 W 37th St, Los Angeles, CA 90007. This prime USC Housing property is a 10 Unit Student Housing Development configured as 30 Beds/Baths. The property consists of eleven (10) 2021 built, three story, single family homes. The first floor of each unit includes enclosed tandem parking for two cars and laundry. The second floor of each unit includes a bedroom with en-suite bath and a kitchen/living room area. The third floor of each unit includes two bedrooms each with en suite bath. The common areas are furnished. The individual units are small single lot subdivisions. 10 small legal lots. The buyer will have flexibility of selling each lot separately in the future.The Project is equipped with modern appliances and features such as Central Heating and AC, Refrigerator, Stove Range Oven, Microwave, Dishwasher, and Washer and Dryer located within the unit. Each Units consist of brand new 3 bed / 3 baths which also come with some added perks such as Keyless Entry and an enclosed 2 Car Garage attached to each unit. The uniqueness of the project is its location. This property can be purchased separately or together as a portfolio. Call today for more info!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-18T18:42:44.9. 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/118599879
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1284 W 37Th St Los Angeles, CA 90007

  • Price: $8,500,000
  • Status: Active
  • Updated: 55 min ago
  • MLS #: 21-752092
30
Beds
0
Baths
0
½ Baths
0.17
Acres
14,492
SQFT
$587
$/SQFT
2020
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
We are pleased to present an opportunity to purchase a Brand New 30 Bed/Bath Student Housing Building located at 1282-1290 W 37th St, Los Angeles, CA 90007. This prime USC Housing property is a 10 Unit Student Housing Development configured as 30 Beds/Baths. The property consists of eleven (10) 2021 built, three story, single family homes. The first floor of each unit includes enclosed tandem parking for two cars and laundry. The second floor of each unit includes a bedroom with en-suite bath and a kitchen/living room area. The third floor of each unit includes two bedrooms each with en suite bath. The common areas are furnished. The individual units are small single lot subdivisions. 10 small legal lots. The buyer will have flexibility of selling each lot separately in the future.The Project is equipped with modern appliances and features such as Central Heating and AC, Refrigerator, Stove Range Oven, Microwave, Dishwasher, and Washer and Dryer located within the unit. Each Units consist of brand new 3 bed / 3 baths which also come with some added perks such as Keyless Entry and an enclosed 2 Car Garage attached to each unit. The uniqueness of the project is its location. This property can be purchased separately or together as a portfolio. Call today for more info!
Exterior Features

Lot Size Area 13775 Other Structures None Parking Garage Garage Total Parking 10

Interior Features

Baths Total 30.00 Cooling Air Conditioning Equipment Gas Dryer Hookup Heating Central

Property Features

Assessed Total Value 923250 Gross Income 560105 Gross Operating Income 560105 Like Units1 30 Net Operating Income 395568.00 Number Of Buildings 5 Number Of Units 10 Rent Control YN No Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 172817 Type Of Units Student Year Built Source Assessor Zoning Lard2

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 2021-09-18T18:42:44.9. 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