3017 W 36th Street
Los Angeles, CA, 90018
$1,250,000
Beds
0 Baths
SqFt
0.24 Acres
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We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom units. The current income is about $5,681/month, and there’s approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation.

Property Details

Price:
$1,250,000
MLS #:
24434463
Status:
Active
Baths:
0
Address:
3017 W 36th Street
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Sep 2, 2024
State:
CA
ZIP:
90018
Lot Size:
10,327 sqft / 0.24 acres (approx)
Year Built:
1948
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