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    1600 W 37th Street

    Los Angeles (City), CA 90018
    • $849,000
    • STATUS: Active Under Contract
    • ON SITE: 50 days
    • ID#: SR20248746
    Under Contract
    UPDATED: 51 min ago
    $849,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,166
      SQFT
    • $268
      $/SQFT
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY IN HOT EXPOSITION PARK! Live in one unit and collect rent on the other 3 units. This well maintained, Jefferson Park triplex is conveniently located minutes from USC, Banc of California Stadium and is within walking distance to the Metro Line. Take advantage of the TOC Tier 3 Density bonus! The buildings total 3,166 SqFt and sit on a large 6,746 SqFt, fully gated, R2-zoned lot. One unit will be delivered vacant. This opportunity is ideal for an investor or owner-occupant to acquire a steady investment in a strong rental market. Prime Location and so much potential. Don't let this one pass you by! Please do not disturb tenants or walk the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T17:30:12.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or My Home Group. Licensed in the State of California, USA.

    www.mycahomesearch.com/homes/112419044
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    1600 W 37th Street Los Angeles (City), CA 90018

    • Price: $849,000
    • Status: Active Under Contract
    • Updated: 51 min ago
    • ID#: SR20248746
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,166
    SQFT
    $268
    $/SQFT
    1910
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    GREAT INVESTMENT OPPORTUNITY IN HOT EXPOSITION PARK! Live in one unit and collect rent on the other 3 units. This well maintained, Jefferson Park triplex is conveniently located minutes from USC, Banc of California Stadium and is within walking distance to the Metro Line. Take advantage of the TOC Tier 3 Density bonus! The buildings total 3,166 SqFt and sit on a large 6,746 SqFt, fully gated, R2-zoned lot. One unit will be delivered vacant. This opportunity is ideal for an investor or owner-occupant to acquire a steady investment in a strong rental market. Prime Location and so much potential. Don't let this one pass you by! Please do not disturb tenants or walk the property.
    Exterior Features

    Garage Spaces 0.00 Lot Features 2-5 Units/AcreNear Public Transit Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features See Remarks Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features ParkUrban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 800.00 Gross Income 51996.00 Gross Scheduled Income 51996.00 Insurance Expense 1111.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2000.00 Net Operating Income 45482.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 6514.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 51996.00 Total Expenses 6514.00 Trash Expense 0.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Lacy Register of Nationwide Real Estate Executives and Karlyn Nelson of Nationwide Real Estate Execs


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T17:30:12.923. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or My Home Group. Licensed in the State of California, USA.

     
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