1328 W 37th Drive,  Los Angeles CA, 90007 (Residential Income)

4,470 sqft
Status: Pending
MLS#: PW16117280
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Last Updated: 12/4/2016 4:03 PM
Description for 1328 W 37th Drive Los Angeles, CA 90007
We are pleased to present the three unit student housing property located at 1328 W 37th Drive in Los Angeles in the coveted 90007 zip code. The property is a 3/4 being operated as a 4/4 and consists of two buildings on a securely gated pass-through lot that is accessible from both Exposition and 37th Drive. The older vintage structure contains a one-bedroom/one-bath unit. A large three story building was recently constructed in the rear of the property. as a recent construction it is not subject to rent control. The building contains four large bedrooms, each with a kitchenette and bathroom that are rented as separate units. Third floor penthouse features a rooftop patio with city views. The entire property has been completely renovated within the last five years and is absolutely top quality. All units boast hardwood floors, new windows and granite counters. There are eight surface parking spots on site, four accessible from Exposition and four from 37th Drive. The property is located less than three blocks from USC campus within the USC DPS response area, making it very desirable student housing. USC is home to 19,000 undergraduate students and 24,000 graduate students.
Price
$1,265,000
Los Angeles
4,470 (approx)
PW16117280
Pending
Description
We are pleased to present the three unit student housing property located at 1328 W 37th Drive in Los Angeles in the coveted 90007 zip code. The property is a 3/4 being operated as a 4/4 and consists of two buildings on a securely gated pass-through lot that is accessible from both Exposition and 37th Drive. The older vintage structure contains a one-bedroom/one-bath unit. A large three story building was recently constructed in the rear of the property. as a recent construction it is not subject to rent control. The building contains four large bedrooms, each with a kitchenette and bathroom that are rented as separate units. Third floor penthouse features a rooftop patio with city views. The entire property has been completely renovated within the last five years and is absolutely top quality. All units boast hardwood floors, new windows and granite counters. There are eight surface parking spots on site, four accessible from Exposition and four from 37th Drive. The property is located less than three blocks from USC campus within the USC DPS response area, making it very desirable student housing. USC is home to 19,000 undergraduate students and 24,000 graduate students.
Listing Information
Property Type: Cluster, Other
0.17 Acres 770,900 sq.ft. 4,470 (approx)
$283 1908
3 Total
Neighborhood
Room Information
Exterior / Lot Features
None
No Pool
Sidewalks
Driving Directions
Cross Streets: Exposition
Financial Considerations
5040012022
$101,400 Income ,$31,247Expense
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: Steven M. Bogoyevac, Broker Steven Bogoyevac
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Information is deemed reliable but is not guaranteed.

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