1136-1142 W 36th St - Apartments FOR SALE


Los Angeles, CA 90007- South Central LA
$8,250,000 USD
310-406-9110
1136-1142 W 36th St, Los Angeles, CA for Sale
$8,250,000 USD
Apartments - FOR SALE
1/20
null | 5.14% Cap Rate

1136-1142 W 36th St
Los Angeles, CA 90007
South Central LA


HIGHLIGHTS

  • Incredible location a half-block from USC’s main entrance and walking distance to numerous amenities.
  • Access to Public Transportation through the metro line and bus routes providing access to major destinations throughout Los Angeles County.
  • Purpose built student housing constructed with four large detached duplexes built in 2019, each consisting of spacious 3-bedroom, 3-bathroom units.
  • One large detached and fully remodeled single-family home built in 1907 consisting of 5-bedrooms and 5-bathrooms remodeled in 2018.
  • Spacious 17,084 SF low density lot zoned RD1.5 with potential to construct 12 additional units through redevelopment of the single-family home.
  • Washer and Dryers in units, expansive outdoor space with furnished patio areas, and potential to add tenant lockers for student deliveries.

OVERVIEW

Standard Sale

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/SF

$483 USD /SF

# OF UNITS

9

PRICE/UNIT

$916,667

CAP RATE

5.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

29-BEDROOM | EXCELLENT 1031 EXCHANGE UPLEG

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,187 SF

ZONING

RD1.5

APN/PARCEL ID

5040-030-047

ASK ABOUT THIS PROPERTY

Tim SteuernolNAI CapitalMore Info
310-406-9110

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Tim SteuernolNAI CapitalMore Info
310-406-9110

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.