1201 W 36th Pl
Los Angeles, CA 90007

Bd   — Ba   5,703 Sqft
The offering is a just-completed development by one of the premier student housing developers and operators of USC student housing. It offers four units: two new constructions that each offer three bedrooms and three baths, and two renovated units, which include a four-bedroom/four-bath and a two-bedroom/two-bath unit. The renovated units feature top-of-the line amenities for tenants. All bedrooms have attached bathrooms, which is an especially attractive feature to student tenants. All units have a common area, a shared kitchen and in-unit laundry. The units are separately metered and tenants are responsible for paying for all utility expenses. Additionally, each unit has its own HVAC and there are seven total parking spaces on the property. The property is professionally managed and fully leased for the 2016-2017 academic year on 12-month leases. With these leases in place and its excellent condition, 1201 West 36th Place is an oustanding turnkey investment opportunity. Additionally, the Seller is willing to continue managing the property, which could make this a franchise-like acquisition. The property is less than a quarter-mile from USC within the CSC and DPS patrol areas. It is also less than a half-mile from the brand new $700MM mixed-use University Village Project due to be completed in Fall 2017.
  • Neighborhood: Congress North
  • Days on Movoto: 217
  • Year Built: 1907
  • HOA: $0 HOA
  • $/Sqft: $359
  • Lot: 7,482 Sqft
  • Property Type: Multi Family
  • MLS#: PW16716333
  • MLS:
  • Listing Office: Steven M. Bogoyevac, Broker
  • Listed By: Steven Bogoyevac
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 2 weeks ago
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Property History

Status
Date
Price
Sold
May 8, 2017
$2,050,000
Pending
Feb 6, 2017
Price Change
Oct 4, 2016
$2,099,000
Listed
Oct 3, 2016
$2,150,000
#PW16716333

Public Record

5 Beds
3 Baths
2,454 Sqft Building Area
Quadruplex (4 units, any combination)
7,482 Sqft Lot Size
1907 Year Built
$560,005 Last Sale Price
04/01/2013 Last Sale Date
1201 W 36th Pl in 90007 was last listed for $2,050,000. As of today, , this is 0% above the current median price of $0 for the city of Los Angeles, CA and 128% above the median of $899,000 for ZIP code 90007. Right now, there are 4 properties for sale in 90007 and 0 properties listed for sale in Los Angeles. Those 0 properties are made up of 0 single family homes and 0 condos. The square footage of 1201 W 36th Pl is approximately 5,703, which is 0% above the median size of 0 square feet in Los Angeles and 173% above the median size of 2,090 square feet in ZIP code 90007. This property's price per Sqft was $359, which is 19% below the current $444 median in 90007 and 0% above the $0 Los Angeles median.
Built in 1907, this multi family house at 1201 W 36th Pl, Los Angeles CA, 90007 is approximately 5,703 square feet and comes with 7 parking spots. It was last listed with a cost per Sqft of $359. 1201 W 36th Pl is located in the Congress North neighborhood in the Los Angeles Unified School District. The closest school is Lenicia B. Weemes Elementary School.

1201 W 36th Pl, Los Angeles CA, 90007 was on the market for 217 days. The median list price for properties in this area is $ Its current status is sold under the MLS #PW16716333.

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