1471 W 37TH Street

    Los Angeles (City), CA 90018
    • $765,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 18403394
    UPDATED: 33 min ago
    $765,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,525
      SQFT
    • $502
      $/SQFT
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    Reduced! Two Houses On A Lot. Duplex in prime location near USC and Jefferson Park! Walk to Expo Line. Low expenses. ZONED R4 FOR FUTURE DEVELOPMENT. Front: Completely remodeled 3BD+1BA. Open floor plan. Spacious family great room. Newly designed kitchen. Granite countertops. Hardwood flooring. Recessed lights. Remodeled bathroom. Currently rented at $2369/month. Rear: Updated 2BD+1BA (per title). Recently painted and upgraded. New refrigerator and stove. Outside laundry hookups. Currently rented at $1650/month. Gated property. Vacant 2-car garage (owner rents for $100/month). Also has bonus storage area. Walk to Expo Line (Western station). Near historic USC. Adjacent to Jefferson Park. Easy commute to Hollywood, downtown LA, or Santa Monica. Sale Price $765,000, GSI $49,428, Total Expense $10,273, Annual Net Income $39,155, GRM 15.48, Cap Rate 5.12%. Great property. Wont last!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T18:30:19.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/89087190

    1471 W 37TH Street Los Angeles (City), CA 90018

    • Price: $765,000
    • Status: Active
    • Updated: 33 min ago
    • ID#: 18403394
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,525
    SQFT
    $502
    $/SQFT
    1908
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Reduced! Two Houses On A Lot. Duplex in prime location near USC and Jefferson Park! Walk to Expo Line. Low expenses. ZONED R4 FOR FUTURE DEVELOPMENT. Front: Completely remodeled 3BD+1BA. Open floor plan. Spacious family great room. Newly designed kitchen. Granite countertops. Hardwood flooring. Recessed lights. Remodeled bathroom. Currently rented at $2369/month. Rear: Updated 2BD+1BA (per title). Recently painted and upgraded. New refrigerator and stove. Outside laundry hookups. Currently rented at $1650/month. Gated property. Vacant 2-car garage (owner rents for $100/month). Also has bonus storage area. Walk to Expo Line (Western station). Near historic USC. Adjacent to Jefferson Park. Easy commute to Hollywood, downtown LA, or Santa Monica. Sale Price $765,000, GSI $49,428, Total Expense $10,273, Annual Net Income $39,155, GRM 15.48, Cap Rate 5.12%. Great property. Wont last!
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigerator Appliances YN Yes Laundry Features Gas Dryer HookupSee Remarks

    Property Features

    Cap Rate 5.12 Gross Multiplier 15.48 Gross Operating Income 49428.00 Improvements Amount 195000 Insurance Expense 1800.00 Land Value 290000 Laundry YN Yes Maintenance Expense 600.00 Net Operating Income 39155.00 Special Listing Conditions Standard Total Expenses 10273.00 Trash Expense 363.00 Water Sewer Expense 550.00 Zoning Lar4

    Listing provided courtesy of Andrew Watkins of Pacific Playa Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T18:30:19.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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