7-Bedroom ResidentialIncome — 1305 W 37th Place, Los Angeles, CA
$1,165,000
1305 W 37th Place, Los Angeles, CA
About this property
Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.
Property details
Location
1305 W 37th Place • Los Angeles, CA 90007
Listed by
MiJeong Kim · Mi Jeong Kim