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.
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
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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