1293 W 36th St

Los Angeles, CA 90007

We are pleased to present the opportunity to acquire 1293 W.

Sales Price $1,495,000

Los Angeles Single Family Home

Beds

13

Baths

12

Home Size

1467 Sq. Ft.

Lot Size

5302 Sq. Ft.

Request a Showing — 1293 W 36th St

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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 2024-2025 school year.

This home located at 1293 W 36th St is currently active and has been available on pardeeproperties.com for 155 days. This property is listed at $1,495,000. It has 13 beds and 12 bathrooms. The property was built in 1903. 1293 W 36th St is in the Los Angeles Southwest community of Los Angeles County.

Quick Facts

  • 155 days on market
  • Built in 1903
  • Total parking spaces 5Car
  • Assigned
  • Single Family Residence
  • Community | Los Angeles Southwest
  • MLS# | 24-436536

Features

  • Other Cooling
  • Other Heat
  • Other Floors
Connect with an agent
(4)

Kara Marotta

Partner | DRE #02196098

Listed By Davis Saadian · KW Advisors

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