1275 W 35th Street,  Los Angeles CA, 90007 (Residential Income)

5,500 sqft
Status: Active
MLS#: PW16710266
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Last Updated: 12/6/2016 12:27 PM
Description for 1275 W 35th Street Los Angeles, CA 90007
Located in prime USC Student Housing area, walk or bicycle to campus and within USC Dept of Public Safety campus Patrol & Response area. Property consists of 3 units, all Master Bdrms with their own private baths. Tenants pays all utilities and WIFI. All 3 units leased through school year 2016/17. Front Unit consists of 5 bdrms and 5 bath with common area kitchen/living & laundry. This unit was completely renovated and upgraded in 2014. New plumping, electrical, roof, medialized kitchen including new cabinets countertops and appliances. Upgraded baths rooms with new shower enclosures & fixtures. Rear two units-New const built 2014 consisting of two-3 Bedrooms with private baths Townhouses with common area kitchen/Living & laundry over 2 car garage with direct access to unit. All units have tile and wood floors throughout, HVAC in all Bdrm, living room area furniture included with wall mounted TV. Good upside potential in rents once leases expire after school year 2016/17. Nearby shopping center, restaurants and USC Village due to be completed in 2017. The Village to consist of off campus housing, 500,000 Sq Ft of academic facilities, major retailers, entertainment and restaurants.
Price
$2,175,000
Los Angeles
5,500 (approx)
PW16710266
Active
Description
Located in prime USC Student Housing area, walk or bicycle to campus and within USC Dept of Public Safety campus Patrol & Response area. Property consists of 3 units, all Master Bdrms with their own private baths. Tenants pays all utilities and WIFI. All 3 units leased through school year 2016/17. Front Unit consists of 5 bdrms and 5 bath with common area kitchen/living & laundry. This unit was completely renovated and upgraded in 2014. New plumping, electrical, roof, medialized kitchen including new cabinets countertops and appliances. Upgraded baths rooms with new shower enclosures & fixtures. Rear two units-New const built 2014 consisting of two-3 Bedrooms with private baths Townhouses with common area kitchen/Living & laundry over 2 car garage with direct access to unit. All units have tile and wood floors throughout, HVAC in all Bdrm, living room area furniture included with wall mounted TV. Good upside potential in rents once leases expire after school year 2016/17. Nearby shopping center, restaurants and USC Village due to be completed in 2017. The Village to consist of off campus housing, 500,000 Sq Ft of academic facilities, major retailers, entertainment and restaurants.
Listing Information
Property Type: Cluster, Other
0.16 Acres 699,900 sq.ft. 5,500 (approx)
$395.45 2014
Yes- 4 spaces
Private Water Service
3 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Garage Spaces, 8 Parking Spaces
None
No Pool
LARD2
Curbs Walk
Driving Directions
West of Vermont Ave & South of Jefferson Bkvd
Financial Considerations
5040021021
$127,200 Income ,$27,150Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90007 has a population of 3,804,503.

The median household income in Los Angeles, California 90007 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90007 is 34.1 years.

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Courtesy: Coldwell Banker Platinum Prop. James Mann
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