Real Estate and Homes   USA   CA   Greater LA   Los Angeles   Single-Family Home   5 BR -

1266 W 35th Pl | Los Angeles CA | 7254242241

Anna Kadinowa

This listing was posted on RealtyWW.

$995,000

Home For Sale In Los Angeles, California

Price:
$995,000
BR/BA:
5 BR, 3 BA
Location:
1266 W 35th Pl, Los Angeles, CA
Description:

Introducing an exceptional Student Housing Portfolio featuring three free-standing houses and six parking spots, ideally situated just two blocks west of USC within the DPS patrol and Lyft zone, offering students convenient and complimentary transportation services. The property boasts full occupancy with USC students, secured by 1-year lease agreements typically backed by parents. All student leases start August 1st, and end July 29th the next year. All current students are graduating this year - property could be delivered vacant by July 29, 2024. Each one-story house underwent extensive remodeling, including updates to plumbing, electric and sewer systems, bathrooms, kitchens, tiled flooring, granite countertops, and appliances. The configuration includes two 2-bedroom, 1-bathroom houses, alongside a unique 1-bedroom, 1-bathroom house utilized as two separate rooms. Each house offers a distinct floor plan with dual entrances, ensuring added privacy for each student. Surrounded by lush greenery, the property features on-site laundry facilities and bike racks. This emphasis on privacy and natural surroundings appeals to students seeking the comforts of a home over multi-unit buildings. This investment opportunity presents a prime chance for investors to acquire a premier student housing portfolio in the desirable USC submarket. For developers/investors, the option to acquire the adjacent property at 1270 W 35th Place further enhances the opportunity, enabling the development of multi-unit student housing on a sizable combined lot of 9, 636 sq ft, a rarity in this area. Or living in one house and renting out others can be a smart financial move, providing you with a stable income stream while potentially helping you build equity in the properties you own. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS. Please text Anna.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71191714
Property Type:
Single-Family Houses
Posted:
April 29 on RealtyWW
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Home For Sale In Los Angeles, California is a Five Bedroom 3.5 Bath Single-Family Homes for Sale at 1266 W 35th Pl in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 1266 W 35th Pl by searching Oodle Classifieds for Five Bedroom 3.5 Bath Single-Family Homes for Sale in Los Angeles CA.