1201 W 36th Place, Los Angeles, CA 90007 (MLS # PW19141118)

Price $2,800,000
Status Active
Beds 0
Baths 0 Bath
Home size 5,703 sqft
Lot Size 7,484 sqft
Days on Market 126
2017 development by one of the premier student housing developers of USC student housing. Four units: 2 new construction 3 Bed/3 Bath units, and 2 renovated units - a 4 Bed/4Bath unit and a 2 Bed/2 Bath unit. All bedrooms have master bed/baths, perfect for student living. The units are separately metered and tenants are responsible for paying for all utility expenses. Each unit has its own HVAC and in-unit laundry. Ample parking on-site. Fully pre-leased for the 2019-2020 academic year (commences in August) at top of market rents. One block from USC in both the CSC and DPS patrol areas. Half-mile from the $700MM mixed-use University Village which offers student housing and over 500,000 square feet of academic spaces, restaurants, and major national retailers. In addition, the property is located in one of the most dynamic submarkets in the city within walking distance of the LA Metro Light-Rail Expo Line. Also within walking distance of Exposition Park - home to the LA Coliseum, the brand-new LAFC Stadium, and the $1-Billion George Lucas Museum. Additionally, the Park and the surrounding facilities at USC will be home to the opening ceremonies and many events throughout the 2028 LA Olympics. The adjacent property to the rear, 1196 W 36th St, is also for sale by a separate owner. Built by the same developer in 2019, the property is similar in architecture and layout and could create a street-to-street assemblage of 6 units total to qualify for commercial financing.
Property Type(s): Residential Income
Last Updated 6/15/2019 Year Built 1907
Community C34 - Los Angeles Southwest County Los Angeles

Additional Details

AREAC34 - Los Angeles Southwest
LOT7484 sq ft
SEWERPublic Sewer



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Listing provided by : Daniel Lewin CalDRE: 01932742, Marcus & Millichap

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