1179 W 37th Street, Los Angeles, CA 90007

About this property

Great 5 unit investment in an excellent location just a block from USC , this 5 unit property consist of 2-3 bedrooms 2 baths and 3-2 bedrooms 1 bath, the property seats on a large lot 7,840 sqft zone LARD1.5-1 and it is in the TOC tier 3 also this property is exempted from the City of LA RSO (Rent Stabilization Ordinance) it falls under the State AB 1482 which allows for yearly rent increments of 5% plus CPI but not to exceed 10% which will give you a great opportunity to increase rents year over year, located on a cul-de sac street and in the USC's DPS patrol zone, walking distance to the USC campus and the university village, super well located in the hart of it all, the Natural History Museum, LA Memorial Coliseum, California Science Center, BMO Stadium, Swim Stadium, and the Lucas Museum to be open 2025, 3 blocks from the Metro station and public transit bus stops, must see to appreciate, create your perpetual generational income, for more information schedule an appointment.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$1,800,000

Sold July 2023 · listed $2,000,000, on market April 2023 · MLS #DW23065265 · Source: CRMLS

Listing Agent: Juan Duarte · Listing Office: First Class Real Estate · Contact: 323-567-8088 · Bought with: DELIMIRO CEJA · CENTURY 21 REALTY MASTERS

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