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1189 W 36th Pl
Los Angeles, CA 90007

$2,750,000 USD

Apartments For Sale  •  4,923 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,923 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 8.80 %
  • Zoning LARD1.5
67 Transit Score
83 Walk Score

Highlights

4 Unit - 16 Bedroom USC Student Housing Apartment Complex
Excellent Value-add Investment Opportunity
Opportunity to Implement Renovation Plan by Improving Unit Interiors, Common Areas, and Community Deck.
Located in the Desirable DPS Patrol Zone
Less than 1 Block to the University of Southern California
Gross Income: $24,000/Month

Financial Summary (Actual)

Net Operating Income: $241,954 USD (2023)
Cap Rate: 8.80 %
Total Expenses: $46,046 USD

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 10 min - 5.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 6.0 mi
Transit/SubwayDriveWalkDistance
Expo/Vermont (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 0 min 8 min 0.4 mi
Expo Park/Usc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 12 min 0.6 mi
Jefferson/Usc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Los Angeles International 20 min - 10.7 mi
Bob Hope 26 min - 15.3 mi
Long Beach (Daugherty Field) 28 min - 20.9 mi
Davis Saadian 310-402-8958 Davis Saadian Group
Davis Saadian 310-402-8958 Davis Saadian Group