Courtesy of: Daniel Baird 01249675 | Sperry Van Ness
Purchase Type: Sale
MLS ID: 21-686162
Days On Market: 33
Square Footage: 7,148 Sq ft
Lot size: 0.208
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 1159 W 36Th St
County: Los Angeles
City: Los Angeles
Neighborhood: Los Angeles Southwest
SVN is pleased to present an opportunity to acquire 36th Street University Apartments located half a block away from USC West Campus, southwest of Downtown Los Angeles. First time on the market in over 20 years, the property consists of 9 units comprised of ALL 2 bedroom/1 bath units with an average size of ~800SF/unit and is situated on an R3 zoned lot in excess of 9,000 SF. The structure is a 2-story walkup, wood-frame stucco construction built in 1964 and includes a total of 9 parking spaces (1 space per unit). Seller had recently completed the city mandated seismic soft-story parking work and renovated unit 1 which will be delivered vacant at close of escrow. Utilities are separately metered for gas and electric, master metered for water. Roof and plumbing are in average condition. The property features an on-site laundry room with 1 washer and 1 dryer owned by Seller. Most units have some form of upgrades (ie. laminate floors, new windows, updated cabinets, bathroom vanity).
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