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  • 131 E 36th PL LOS ANGELES
  • Listing Price: $1,250,000 Sold Price: $1,260,000
    Beds: 12  |  Baths: 8
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    • MLS#: MB24128911MR
    • APN#: 5120-010-018
    • Status: Sold
    • Lot Size: 9373
    • Sq Ft: 4224
    • Beds: 12
    • Baths: 8
    • Style: N/A
    • Year Built: 1983
    • Subdivision:  
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: Gas Dryer Hookup, Washer Hookup
    • Heat: Forced Air
    • Air: N/A
    • Property Type: Income
    • Sale Type: Standard, Trust
    • Land Type: Fee
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: $0.00(N/A)
    • Area: Metropolitan South 
    • City: LOS ANGELES
    • Zip code: 90011
    • Map: N/A
    • View: N/A
    • Waterfront: N/A
    • Sewer: Public Sewer
    • Parking # 10
    • Security: N/A
    •    
    • Amenities: N/A
    • Pool: None
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Assigned

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Discover an unparalleled investment opportunity at 131 East 36th Place, Los Angeles, CA 90011! This prime multi-unit property, nestled near the prestigious USC Main Campus, is perfect for investors, owner-occupants, and student housing alike. Built in 1983 and meticulously maintained by its owner, this gem offers four spacious units, each with 3 bedrooms and 2 bathrooms. The property features one two-car garage per unit, each with exciting potential for ADU conversions to maximize your investment returns. Currently, all units are fully occupied and generating high rental income, ensuring a steady and lucrative cash flow. At the current price, the actual GRM is 9.7 and the actual cap rate is 7%. Beyond its proximity to USC's main campus, other nearby amenities include Superior Grocers, Trader Joes, USC, the Coliseum, major freeways, LAFC stadium, Crypto.com Arena, DTLA, and the convention center. Don t miss your chance to own this exceptional property in a highly sought-after location. Please do not disturb the occupants. All sales are subject to interior inspection and only drive-by showings currently allowed. Seller is highly motivated. Submit your offer today and secure a bright future with 131 East 36th Place! All information is approximate.
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Last Updated: 7/31/2024 8:41:10 PM
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