Los Angeles, CA 90007,1293 W 36th Street
Los Angeles, CA 90007,1293 W 36th Street
Los Angeles, CA 90007,1293 W 36th Street
Los Angeles, CA 90007,1293 W 36th Street
Los Angeles, CA 90007,1293 W 36th Street
Los Angeles, CA 90007,1293 W 36th Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
1
Mar
Sun
2
Mar
Mon
3
Mar
$ 1,495,000
Est. payment | /mo

13 Beds

12 Baths

1,467 SqFt


Save
$ 1,495,000
Est. payment | /mo
Save

13 Beds

12 Baths

1,467 SqFt

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 CL24436536

Bedrooms 13

Full Baths 12

HOA Y/N No

Year Built 1903

Lot Size 5,302 Sqft

Acres 0.1217

Property Sub-Type Single Family Residence

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 2024-202

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplaces Type None

Fireplace No

Appliance Disposal, Refrigerator

Laundry Dryer, Washer, Other

Exterior

Pool None

View Y/N false

View None

Total Parking Spaces 5

Private Pool false

Building

Story 1

Architectural Style See Remarks

Level or Stories One Story

New Construction No

Others

Tax ID 5040006017

Bridge MLS
Listed by Davis Saadian • KW Advisors
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(510) 854-8066

brian@bayareasbestagent.com

1820 Solano Ave, Berkeley, CA, 94707, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1293 W 36th Street