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    1726 W 37TH Pl

    Los Angeles, CA 90018
    • $799,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: 21-767634
    UPDATED: 36 min ago
    $799,000
    • 4
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,048
      SQFT
    • $762
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Great investment income property with a good CAP rate. There are 3 units, 2 beds/2 baths, 1 bed/1 bath and 1 bed+ Office/1.5 baths. Excellent location. Located minutes form 10 fwy, several blocks from Starbucks, about one mile from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum. This property is walking distance to the Metro station bound for Santa Monica or LA Downtown. The new Crenshaw transit line that goes to the LA airport will be close by. Completed remodeling 2 years ago with new floors, new kitchens, new plumbing, new electrical, new appliances, new paint and new washer & dryer at separate laundry room. On the title, it is 1,048 sf, but in reality it is about 1,774 sf. 3rd unit (1 bed+ Office /1.5baths) is owner occupied and will be vacant on closing of Escrow. Tenants are paying their rent well, even during the pandemic.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T16:43:16.507. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/119988436
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    1726 W 37TH Pl Los Angeles, CA 90018

    • Price: $799,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 21-767634
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,048
    SQFT
    $762
    $/SQFT
    1924
    Built
    Neighborhood:
    Park Hills Heights
    County:
    Los Angeles
    Area:
    Park Hills Heights
    Property Description
    Great investment income property with a good CAP rate. There are 3 units, 2 beds/2 baths, 1 bed/1 bath and 1 bed+ Office/1.5 baths. Excellent location. Located minutes form 10 fwy, several blocks from Starbucks, about one mile from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum. This property is walking distance to the Metro station bound for Santa Monica or LA Downtown. The new Crenshaw transit line that goes to the LA airport will be close by. Completed remodeling 2 years ago with new floors, new kitchens, new plumbing, new electrical, new appliances, new paint and new washer & dryer at separate laundry room. On the title, it is 1,048 sf, but in reality it is about 1,774 sf. 3rd unit (1 bed+ Office /1.5baths) is owner occupied and will be vacant on closing of Escrow. Tenants are paying their rent well, even during the pandemic.
    Exterior Features

    Direction Faces North Exterior Construction Stucco Levels Ground Level Lot Description Fenced Lot Size Area 3959 Other Structures Accessory Bldgs Parking Garage Driveway - Concrete Patio Features None Pool Description None Pool YN No Roof Shingle Spa None Spa YN No Sprinklers None Style Bungalow Tennis Court None Tennis YN No Total Parking 2 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features TileShower And TubRemodeled Baths Total 4.50 Common Walls Attached Cooking Appliances Gas/Electric RangeRange HoodOven-Gas Cooling Air ConditioningCeiling Fan Equipment Ceiling FanDryerFreezerGarbage DisposalHood FanGas Dryer HookupGas Or Electric Dryer Hookup Fireplace Rooms None Flooring LaminateTile Heating Wall Gas Interior Features Drywall Walls Kitchen Features Counter TopRemodeledStone Counters Laundry Laundry Area Water Heater Features GasCentral Water Heater

    Property Features

    Electric Expense 3000.00 Gross Income 72600 Gross Operating Income 72600 Insurance Expense 1400.00 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Maintenance Expense 600.00 Net Operating Income 57580.00 Number Of Buildings 2 Number Of Units 2 Owner Pays WaterElectricityGas Property Condition Updated/Remodeled Sale Type Standard Security Features Smoke DetectorCarbon Monoxide Detector(S)Fire And Smoke Detection SystemGated Source Living Area Vendor Enhanced Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 15020 Type Of Units Attached Water Meter On Property Water Expense 3000.00 Water Heaters YN Yes Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Boknyu Ahn DRE#01875817 of Dream Realty Asset Mgt, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T16:43:16.507. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    74199 El Paseo, Suite 200
    Palm Desert CA, 92260