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1726 W 37TH Place

Los Angeles (City), CA 90018
  • $799,000
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: 21767634
UPDATED: 14 min ago
$799,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

Great investment income property with a good CAP rate. There are 3 units, 2 beds/2 baths, 1 bed/1 bath and 1 bed+ Office/1.5 baths. Excellent location. Located minutes form 10 fwy, several blocks from Starbucks, about one mile from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum. This property is walking distance to the Metro station bound for Santa Monica or LA Downtown. The new Crenshaw transit line that goes to the LA airport will be close by. Completed remodeling 2 years ago with new floors, new kitchens, new plumbing, new electrical, new appliances, new paint and new washer & dryer at separate laundry room. On the title, it is 1,048 sf, but in reality it is about 1,774 sf. 3rd unit (1 bed+ Office /1.5baths) is owner occupied and will be vacant on closing of Escrow. Tenants are paying their rent well, even during the pandemic.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T19:30:16.21. 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 Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/119992128
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1726 W 37TH Place Los Angeles (City), CA 90018

  • Price: $799,000
  • Status: Active
  • Updated: 14 min ago
  • ID#: 21767634
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1924
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
Great investment income property with a good CAP rate. There are 3 units, 2 beds/2 baths, 1 bed/1 bath and 1 bed+ Office/1.5 baths. Excellent location. Located minutes form 10 fwy, several blocks from Starbucks, about one mile from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum. This property is walking distance to the Metro station bound for Santa Monica or LA Downtown. The new Crenshaw transit line that goes to the LA airport will be close by. Completed remodeling 2 years ago with new floors, new kitchens, new plumbing, new electrical, new appliances, new paint and new washer & dryer at separate laundry room. On the title, it is 1,048 sf, but in reality it is about 1,774 sf. 3rd unit (1 bed+ Office /1.5baths) is owner occupied and will be vacant on closing of Escrow. Tenants are paying their rent well, even during the pandemic.
Exterior Features

Architectural Style Bungalow Construction Materials Stucco Direction Faces North Parking Features Concrete Parking Total 2 Pool Features None Pool Private YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DisposalGas OvenGas RangeRange HoodDryer Fireplace Features None Fireplace YN No Flooring LaminateTile Interior Features Ceiling Fan(S)

Property Features

Association Fee 0 Community Features Gated Electric Expense 3000 Gross Income 72600 Insurance Expense 1400 Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 600 Net Operating Income 57580 New Construction YN No New Taxes Expense 6540 Possession Close Of Escrow Property Condition Updated/Remodeled Security Features Carbon Monoxide Detector(S)Fire Detection SystemGated CommunitySmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Water Sewer Expense 3000 Zoning Lar2

Listing provided courtesy of Boknyu Ahn of Dream Realty Asset Mgt, Inc. and Kyu Cha of Dream Realty Asset Mgt, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T19:30:16.21. 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 Keller Williams Realty. Licensed in the State of California, USA.
 
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