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1161 W 37th Dr 6 Unit Apartment Building $3,600,000 ($600,000/Unit) Los Angeles, CA 90007
Executive Summary
student housing:
100% occupancy, all 16 USC students either graduates or PHDs
16 bedrooms, 15 bathrooms, 4 - 3 bedrooms/3 bathroom/independent AC units + 1 - 2 bedrooms/2 bathrooms/independent AC + 1 2 bedrooms/1 shared bathroom/independent AC.
Right across street of USC, less than 4 minutes walking distance
Within USC DPS 24 hours patrol zone
Within USC free lift zone
Great investment opportunity.
100% occupancy, all 16 USC students either graduates or PHDs
16 bedrooms, 15 bathrooms, 4 - 3 bedrooms/3 bathroom/independent AC units + 1 - 2 bedrooms/2 bathrooms/independent AC + 1 2 bedrooms/1 shared bathroom/independent AC.
Right across street of USC, less than 4 minutes walking distance
Within USC DPS 24 hours patrol zone
Within USC free lift zone
Great investment opportunity.
Property Facts
| Price | $3,600,000 | Building Class | C |
| Price Per Unit | $600,000 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,436 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1913/2020 |
| Apartment Style | Low-Rise | ||
| Zoning | LARD2 - commercial multifamily | ||
| Price | $3,600,000 |
| Price Per Unit | $600,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,436 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1913/2020 |
| Zoning | LARD2 - commercial multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 740 |
Moderately walkable
70/100
Very drivable
80/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 5040-032-017 | Improvements Assessment | $318,362 |
| Land Assessment | $2,812,201 | Total Assessment | $3,130,563 |
Property Taxes
Parcel Number
5040-032-017
Land Assessment
$2,812,201
Improvements Assessment
$318,362
Total Assessment
$3,130,563
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1161 W 37th Dr