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1158 W 37th St
Los Angeles, CA 90007
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Turnkey Asset, Rear Two Units are New Construction in 2022 and Front Units were Fully Renovated in 2022
- 32% upside to market rents upon master lease tenant expiration in 12 months
- Well Landscaped with excellent curb appeal
- Master Leased to Tripalink Student Housing for $26,005/month, Fully Occupied by USC Students
- Located in the USC DPS Patrol Zones
- Walking distance to Ralph’s Grocery-Anchored Retail Center, and from USC Campus
Property Facts
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,224 SF |
| Property Subtype | No. Stories | 2 | |
| Apartment Style | Low-Rise | Year Built/Renovated | 1903/2022 |
| Building Class | C | ||
| Zoning | LARD1.5 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,224 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1903/2022 |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $5,205 | - |
| 5+5 | 2 | $6,500 | - |
| 3+3 | 2 | $3,900 | - |
Property Taxes
| Parcel Number | 5040-031-006 | Improvements Assessment | $1,500,000 |
| Land Assessment | $2,200,000 | Total Assessment | $3,700,000 |
Property Taxes
Parcel Number
5040-031-006
Land Assessment
$2,200,000
Improvements Assessment
$1,500,000
Total Assessment
$3,700,000
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