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1293 W 36th Street
USD 1,695,000
Property ID: 24403199
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1293 W 36th Street ,90007
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icon 5302 SqFt
icon Built in 1903
icon USD 320/SqFt
icon 13 Beds
icon 12 Full
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Location Street View
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Interior Details
Bedrooms
13
Bathrooms
12
Interior Size
1467
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1903
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Detailed Introduction Of This Home
We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, and close proximity 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 year. Please email for the Executive Summary/ Offering Memorandum.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (22)
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1293 W 36th Street
USD 1,695,000 13 Beds
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