1539-1543 W 37th Pl - Apartments FOR SALE
Los Angeles, CA 90018 |
1539-1543 W 37th Pl
Los Angeles, CA 90018
HIGHLIGHTS
- Premier New Construction Built in 2023 Walking Distance to USC Campus, Exposition Park, BMO Stadium, LA Coliseum, and numerous restaurants and shops
- Priced to Sell with a CAP Rate of 7.45% on Current In-Place Income and 9.34 GRM will provide great cash flow Day 1!
- Turnkey Operation provides a Hassle-Free Investment Opportunity Eliminating the Need for Costly Renovations, can be sold with management in-place
- Co-Living/Student Housing Investment Opportunity Leased out to Long-term Tenants that always pay on time, with almost 15% Upside in Rental Income
- Premier construction with new hardwood floors, stainless steel kitchen appliances, glass enclosed showers, quartz counter tops, in-unit washer & dryer
- 22 Bedrooms All with Private En-Suite Bathrooms Rented Individually to USC Students and Young Professionals
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Huge Price Adjustment-7.45% Current CAP Rate!
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Dormitory
TOTAL BUILDING SIZE
6351
STORIES
3
YEAR BUILT
2023
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5041-027-022
