1305 W 37th PL, Los Angeles, CA 90007
1305 W 37th PL, Los Angeles, CA 90007
1305 W 37th PL, Los Angeles, CA 90007
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$1,165,000
Est. payment /mo
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7 Beds
4 Baths
2,134 SqFt
Active

1305 W 37th PL Los Angeles, CA 90007

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,134 sqft

Price per Sqft $545

MLS Listing ID 26833215

Bedrooms 7

HOA Y/N No

Year Built 1951

Lot Size 6,281 Sqft

Property Description

Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Covered, Door-Multi, Driveway, Garage, Side By Side, Tandem, Uncovered

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5040010016

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by MiJeong Kim Mi Jeong Kim #01887660

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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1305 W 37th PL