1444 W 37th Street, Los Angeles, CA 90018 - MLS#OC25088420

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 5,700,000

Est. payment | -/mo

32 Beds

Save Virtual Tour

$ 5,700,000

Est. payment | -/mo

Save Virtual Tour

32 Beds

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25088420

Bedrooms 32

Property Sub-Type Res Income 2-4 Units

Property Description

Brand new construction, this beautiful apartment is located on the west side of the USC campus. Total 32 bedrooms with 34 bathrooms. All private bedrooms come with private bathrooms. Each floor has washers and dryers, large living area and shared Kitchen are equipped with all brand new appliances and furnitures. Online portal available for rent payment and issue reporting 24/7. The property is currently in lease up, drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off-campus housing. This modern Coliving Space is not just great for students, but also great for young professionals. At the asking price, the property is being offered at $178,000 per suite with a projected 8.19% CAP rate and 11.00 GIM upon stabilization. Seller and broker's agent are not guarantee the square footage, bedroom/bathroom count, lot size or lot dimensions. It is Buyer's sole responsibility to perform investigations and satisfy themselves. Please do not disturb tenant. Seller will be doing a 1031 exchange.

Location

State CA

County Los Angeles

Zoning Builder

Direction Walking distance to USC campus. Exit from Normandie Ave from I-10 then turn onto W 37th Street.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Utilities Available Other/Remarks

View Y/N No

Building

Story 3

Level or Stories 3

Others

Tax ID 5041028010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://mls.homejab.com/property/view/1444-w-37th-st-los-angeles-ca-90018-usa-1

Listed by Zhu Liu Invesloop Realty Inc

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1444 W 37th Street Los Angeles, CA 90018