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: 147
  • Year Built: 1907
  • HOA:
  • $/Sqft: $368
  • 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 5 hours ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 1201 W 36th Pl , Los Angeles

Overview
Tour a Similar Home of 1201 W 36th Pl, Los Angeles

Property History for 1201 W 36th Pl, Los Angeles

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

Public Record for 1201 W 36th Place, Los Angeles

Basic Info
Beds : 5
Baths : 3
Building Area : 2,454 Sqft
Quadruplex (4 units, any combination)
Partial Baths :
Rooms :
Lot Size : 7,482 Sqft
Year Built : 1907
Last Sale Price : $560,005
Last Sale Date : 04/01/2013
House Features

Compare Similar Homes for 1201 W 36th Pl, Los Angeles

A
500 Molino St #213
  • $1,795,000
  • For Sale

    01/14/2017

  • 1 Bd
  • 1 Ba
  • 3,000 Sqft
  • $598/Sqft
  • Built 1923
YOU
ARE
HERE
1201 W 36th Pl
  • $2,099,000
  • Pending

    10/03/2016

  • — Bd
  • — Ba
  • 5,703 Sqft
  • $368/Sqft
  • 7,482 Sqft Lot
  • Built 1907
As of , there are 5 properties listed for sale in ZIP code 90007 and 1,884 properties listed for sale in the city of Los Angeles, CA. Those 1,884 properties include 1,315 single family homes and 569 condos. This property at 1201 W 36th Pl in 90007 is currently listed for $2,099,000. This is 140% above the median price of $875,000 for Los Angeles and 200% above the median of $700,000 for 90007. 1201 W 36th Pl is approximately 5,703 square feet, which is 245% above the Los Angeles median of 1,651 and 296% above the 90007 ZIP code median of 1,440. This property's price per Sqft is $368, which is 27% below the median price in 90007 of $503 and 36% below the Los Angeles median of $574 per Sqft.
Built in 1907, this multi family house at 1201 W 36th Pl is approximately 5,703 square feet and comes with 7 parking spots. It is listed on 10/03/2016 for $2,099,000 with a cost per Sqft of $368. 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 has been on the market for 147 days. It's currently listed as pending under the MLS #PW16716333.

View more active properties in this area. Or connect with a top-rated Movoto agent to learn more about Los Angeles market trends and buying this home and other homes like it.
Movoto
Los Angeles Agent

I'm happy to give you a quick call to answer all your questions about this home and schedule a tour.