3017 W 36Th Street

Los Angeles, CA 90018

$1,250,000

List Price

8

bed Beds

6

shower Baths

3,141 sqft

straighten / sqft

1948

calendar_month Built

Property Description

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 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.

Listing Information

List Price $1,250,000
Status Active
MLS 24434463
Type Residential Income
Year Built 1948
Lot Size 10,327
Structure Size 3,141
DOM 8
Courtesy Of KW Advisors
Listing Agent Davis Saadian DRE#01921748

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 6

Exterior Information

Maps

Listing information courtesy of: Davis Saadian, KW Advisors . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.