We are pleased to offer for sale this six (6) unit, 16-bedroom Student Housing investment opportunity located at 1161 W. 37th Drive, less than 1 block from the internationally renowned University of Southern California (USC). The asset is comprised of three (3) separate two-story structures, with a unit mix consisting of (4) 3+3 units, (1) 2+1 units, & (1) 2+2 unit. The subject property was constructed of wood frame and stucco on a raised foundation built in 1913 with a square footage of 4,436 on a 6,951-square foot lot. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, five (5) on-site parking spaces, updated copper plumbing, double pane windows, recently painted, and individually metered for gas and electricity. Property is being sold in as-is condition. On title, the property is recorded with a unit mix consisting of five (5) 1+1 units, and one (1) 3+3 unit. Buyer's responsibility to complete their own property inspection
Off market
$3,069,180
1161 W 37th Dr, Los Angeles, CA 90007
16beds
15baths
4,436sqft
MultiFamily
Built in 1913
-- sqft lot
$-- Zestimate®
$692/sqft
$2,419 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 15
Cooling
- Other
Interior area
- Total interior livable area: 4,436 sqft
Property
Parking
- Total spaces: 5
Lot
- Size: 6,952 sqft
Details
- Additional structures: Other
- Parcel number: 5040032017
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1913
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- Equipment: Other
- Cooling: Other
- SourceLivingArea: Assessor
- Heating: Other
- ParkingGarage: Other
- ListingArea: Los Angeles Southwest
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111
- OtherStructures: Other