3017 W 36th St, Los Angeles, CA 90018

$1,250,000
8
BD
6
BA
3,141
SqFt
List Price
$1,250,000
MLS#
24-434463
Year Built
1948
Bedrooms
8
Bathrooms
6
Living Sq. Ft
3,141
Lot Size
10,327
Days on Market
14
Property Type
Multifamily
Stories
1

Property Description

We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom units. The current income is about $5,681/month, and there's approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation.

Additional Information

Other Buildings
Other
Heat
Other
Cooling
Other
Number of Cars in Garage
Private, Other

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Courtesy of KW Advisors, Davis Saadian - CA DRE#01921748

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