We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a… Read More 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom units. The current income is about $5,681/month, and there's approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation. Read Less
Property listed by KW Advisors, Davis Saadian 310-482-2200
Listing Snapshot
Days Online
73
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,141
Lot Size
0.24 Acres
Year Built
1948
MLS Number
24434463
30 Days Snapshot Of 90018
$1,132k
+5%
(avg) sold price
8
-11%
homes sold
96
+54%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living area: 3141, Built in 1948, Building area total: 3,141, Levels: One, 1 story, 4 buildings
Appliances & Equipment
Refrigerator
Income
Gross income: $68,172, Net operating income: $42,302
Lot
0.2371 acres, 10,327 square feet, Size: 10,327
Parking
4 totals parking, Private
Property
Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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