1305 W 37th Place,Los Angeles, CA 90007
Los Angeles, CA 90007
Description
Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.
Details
| MLS # | 26833215 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 92 |
| Listing Provided By | Mi Jeong Kim | MiJeong Kim |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,134 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | LARD2 |
| Acreage | 0.14 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer |
Parking
| Parking Features | Covered, Door Multi, Driveway, Garage, Side By Side, Tandem, Uncovered |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90007) | |
Price: $1,165,000 low | high Med: $649,000 sqft: 2,134 low | high Med: 975 $ / sqft: $546 low | high Med: $666 On site: 92 low | high Med: 97 | |
Market Activity 90007
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90007) | |
Price: $1,165,000 low | high Med: $649,000 sqft: 2,134 low | high Med: 975 $ / sqft: $546 low | high Med: $666 On site: 92 low | high Med: 97 | |
