3017 W 36th St Active

Los Angeles,CA 90018

$ 1250000

8 Beds

6 Baths

3141 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,141 sqft

Price per Sqft $397

MLS Listing ID 24-434463

Bedrooms 8

Year Built 1948

Lot Size 10,327 Sqft

Acres 0.2371

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.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR1

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Range/Oven, Refrigerator, Other

Exterior

Parking Features Private, Other

Garage Spaces 4.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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