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1325 W 37th Place

Los Angeles, CA 90007

$2,999,000

| 5,355 sq. ft.

Status: Active Area: C34 - Los Angeles Southwest
Year Built: 2017 MLS#: 25530605

Description

Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3-unit, 18-bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought-after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in-unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value-add opportunity, this asset is perfectly positioned for both immediate income and long-term appreciation. Don't miss out on this opportunity to own a turnkey, high-yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.

Features

    Appliances: Dishwasher, Microwave
    Fireplace Rooms: None
    Heating: Central
    Cooling: N/A
    Structure Type: Other Association Amenities: N/A
    Price/sqft: $560
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

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