CA > Los Angeles
Los Angeles, CA 90007,1293 W 36th St
Los Angeles, CA 90007,1293 W 36th St
Los Angeles, CA 90007,1293 W 36th St
15
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$1,495,000
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13 BD
12 BA
1,467 SqFt
Active

1293 W 36th St Los Angeles, CA 90007

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Roe Valenti S.0190519

Roe Valenti S.0190519

+1(702) 460-5556

UPDATED:

11/24/2024 01:47 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,467 sqft

Price per Sqft $1,019

MLS Listing ID 24-436536

Style Other

Bedrooms 13

Full Baths 12

HOA Y/N No

Year Built 1903

Lot Size 5,302 Sqft

Acres 0.1217

Property Description

We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms & four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit & a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5,900/month Finalized constructed units will have a scheduled income of approximately $20,000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops,On-site laundry, and the tenants pay all utility expenses. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 school year.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Other

Cooling Other

Flooring Other

Fireplaces Type None

Equipment Range/Oven, Refrigerator, Garbage Disposal, Other, Washer, Dryer

Laundry Outside

Exterior

Parking Features Assigned

Garage Spaces 5.0

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style Other

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by KW Advisors

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Roe Valenti S.0190519

REALTOR® | RE.S.0190519

+1(702) 460-5556

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1293 W 36th St