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$ 5,700,000
Est. payment /mo
Active
1444 W 37th Street Los Angeles, CA 90018
32 Beds
34 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25088420
Bedrooms 32
Property Sub-Type Res Income 2-4 Units
Property Description
Brand new construction, this beautiful apartment is located on the west side of the USC campus. Total 32 bedrooms with 34 bathrooms. All private bedrooms come with private bathrooms. Each floor has washers and dryers, large living area and shared Kitchen are equipped with all brand new appliances and furnitures. Online portal available for rent payment and issue reporting 24/7. The property is currently in lease up, drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off-campus housing. This modern Coliving Space is not just great for students, but also great for young professionals. At the asking price, the property is being offered at $178,000 per suite with a projected 8.19% CAP rate and 11.00 GIM upon stabilization. Seller and broker's agent are not guarantee the square footage, bedroom/bathroom count, lot size or lot dimensions. It is Buyer's sole responsibility to perform investigations and satisfy themselves. Please do not disturb tenant. Seller will be doing a 1031 exchange.
Location
State CA
County Los Angeles
Zoning Builder
Direction Walking distance to USC campus. Exit from Normandie Ave from I-10 then turn onto W 37th Street.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Utilities Available Other/Remarks
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 5041028010
Virtual Tour https://mls.homejab.com/property/view/1444-w-37th-st-los-angeles-ca-90018-usa-1
Listed by Zhu Liu Invesloop Realty Inc