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1164 W 37TH Place

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1164 W 37TH Place | Los Angeles, CA

$1,150,000

1,750 SQ.FT.

This charming single family investment offering is optimized for student rentals amid a dense student population just steps from USC and commercial shopping centers that service the collegiate lifestyle. The current structure, estimated at 1750 SF, buyer to verify, has been efficiently and tastefully remodeled to accommodate 5 bedding rooms, with each room rented for $1000 per month starting August 2018. Potential for additional rental upside exists by adding amenity upgrades. Additionally, this property is situated on a large 7001 SF lot that is Zoned LARD 2, making for the potential to add units in back, or tear down and build ground up for maximum FAR density. In total, based on recent sales, current available properties, and the special features this property has, this asset presents a unique and compelling value at the listing price. ÂÂ
Listing Provided by Scott Rosenberg, RE/MAX ESTATE PROPERTIES

Based on information from California Regional Multiple Listing Service, Inc. as of October 3, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.