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.
Mls | 24434463 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1948 |
Days On Site | 100 |
Listing Provided By | KW Advisors 310-482-2200 | Davis Saadian |
Beds | 8 |
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Baths | 6 |
Sq Feet | 3,141 |
Storys | 1 |
Units | 4 |
Buildings | 4 |
Zoning | LAR1 |
Acreage | 0.24 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90018 |
Area | PHHT Park Hills Heights |
Listing VS Median (in 90018) | |
Price: $1,250,000 low | high Med: $1,049,500 SqFt: 3,141 low | high Med: 1,921 $ / SqFt: $398 low | high Med: $608 On Site: 100 low | high Med: 68.000000 |