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1679-1681 1/2 W 37Th St

Los Angeles, CA 90018
  • $1,100,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 21-776600
UPDATED: 42 min ago
$1,100,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,981
    SQFT
  • $369
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1909
County:

School Ratings & Info

Description

Well Maintained 5 Unit building consisting of a 2 bed house in front and 4 ( 1 bed /1 bath ) units in rear. All Units are legal and the 4 units have been upgraded with new floors and other features. Close to USC, 2 blocks to Light Rail ( Expo Line ) , and 10 easy access to 10 freeway. This area has enjoyed a renaissance recently and is highly desireable. There is a HUGE upside in Rents as there have been no increases done within a few years. 10 x gross once market rents are achieved !

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T16:42:55.003. 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.deserthouseseekers.com/homes/120787631
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1679-1681 1/2 W 37Th St Los Angeles, CA 90018

  • Price: $1,100,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 42 min ago
  • MLS #: 21-776600
6
Beds
0
Baths
0
½ Baths
0.16
Acres
2,981
SQFT
$369
$/SQFT
1909
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
Well Maintained 5 Unit building consisting of a 2 bed house in front and 4 ( 1 bed /1 bath ) units in rear. All Units are legal and the 4 units have been upgraded with new floors and other features. Close to USC, 2 blocks to Light Rail ( Expo Line ) , and 10 easy access to 10 freeway. This area has enjoyed a renaissance recently and is highly desireable. There is a HUGE upside in Rents as there have been no increases done within a few years. 10 x gross once market rents are achieved !
Exterior Features

Cross Streets Western & Exposition Direction Faces South Levels One Lot Description Front Yard Lot Size Area 6806 Other Structures None Parking Garage Driveway Pool Description None Pool YN No Roof CompositionShingle Style California Bungalow Total Parking 3 View Description None View YN No Water Frontage None

Interior Features

Baths Total 5.00 Cooling Wall/WindowWindow Unit(S) Den No Dining Room No Equipment Garbage Disposal Family Room No Flooring Ceramic Tile Heating Wall Gas Rooms Breakfast Area

Property Features

Assessed Total Value 392309 Gross Income 54708 Gross Operating Income 54708 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Net Operating Income 34708.00 Number Of Buildings 5 Number Of Units 5 Owner Pays Water Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 20040 Type Of Units Apartments Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lar2

Listing provided courtesy of Martin Watkins DRE#01249364 of Watkins Realty & Investments.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T16:42:55.003. 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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Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
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