Mohr Real Estate Group

Mohr Real Estate Group

1205 W 37th Drive Los Angeles CA 90007 MLS #24433527

1205 W 37th Drive
Los Angeles, CA, 90007
$3,750,000
Beds
0 Baths
SqFt
0.15 Acres
Add
Add
$3,750,000
1205 W 37th Drive
Los Angeles, CA, 90007
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Property Description


We are pleased to present an opportunity to invest in USC student housing. It is located within a mile of the main campus and within a couple of blocks of the Metro Expo Line. The asset consists of two buildings. There is a completely renovated, 5-bedroom 5-bathroom single family residence at the front of the lot with each bedroom being rented out individually. Right behind it is a 3 story Duplex and ADU. The Duplex was built in 2020 and is comprised of (2) 3-bedroom 3-bathroom units. The ADU, which was completed in 2023, is also 3 bedrooms and 3 bathrooms. The entire complex is leased to USC students. There is high demand for newer, updated student housing, which makes this investment even more attractive. The location is situated in the USC DPS security zone, which provides tenants and owners with peace of mind. The site is also within walking distance to the Metro Expo Line station offering easy access to everything LA, from the beach to DTLA. It is also a stone’s throw from the LA Coliseum, home of the USC Trojan Football team, the LAFC Soccer Stadium, Exposition Park, the Natural History Museum of LA County and the George Lucas Museum of Narrative Art.

Property Details

Price:
$3,750,000
MLS #:
24433527
Status:
Active
Baths:
0
Address:
1205 W 37th Drive
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Aug 29, 2024
State:
CA
ZIP:
90007
Lot Size:
6,603 sqft / 0.15 acres (approx)
Year Built:
1915

Schools

Interior

Appliances
Dishwasher, Disposal, Refrigerator
Cooling
Central Air
Flooring
Laminate
Heating
Central

Exterior

Parking Features
None
Parking Spots
0.00
Stories Total
3
View
City Lights

Financial

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1205 W 37th Drive
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The Mohr Real Estate Group

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