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$1,250,000
Est. payment /mo
8 Beds
6 Baths
3,141 SqFt
UPDATED:
12/05/2024 05:10 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,141 sqft
Price per Sqft $397
MLS Listing ID 24434463
Bedrooms 8
HOA Y/N No
Year Built 1948
Lot Size 10,328 Sqft
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 Phht - Park Hills Heights
Zoning LAR1
Interior
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Private
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5044009041
Special Listing Condition Standard
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Listed by Davis Saadian • KW Advisors
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908