Davis Saadian
This listing was posted on RealtyWW.
$1,495,000
W Th St, Los Angeles, Home For Sale
Price:
$1,495,000
BR/BA:
10+ BR, 10+ BA
Location:
1293 W 36th St, Los Angeles, CA
Description:
We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms and four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit and a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5, 900/month Finalized constructed units will have a scheduled income of approximately $20, 000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops, On-site laundry, and the tenants pay all utility expenses. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 school year.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i75804449
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More About this Listing: W Th St, Los Angeles, Home For Sale
W Th St, Los Angeles, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 1293 W 36th St in Los Angeles CA. Find other listings like W Th St, Los Angeles, Home For Sale and listings near 1293 W 36th St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Los Angeles CA.
W Th St, Los Angeles, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 1293 W 36th St in Los Angeles CA. Find other listings like W Th St, Los Angeles, Home For Sale and listings near 1293 W 36th St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Los Angeles CA.