Listing provided courtesy of Davis Saadian of KW Advisors. Last updated 2024-11-23 09:11:38.000000. Listing information © 2024 CRMLS.
Asking Price: $1,250,000
3017 36th, Los Angeles CA 90018
Community: PHHT - Park Hills Heights
Status: Active
This property was built in 1948 and is priced at $1,250,000. Please see the additional details below.
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.