Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

Quick Search

    1231 36th Place, Los Angeles, CA 90007
    Image Gallery
    Property Photos
    1231 36th Place
    1. Image 0 of 43 For 1231 36th Place
    2. Image 1 of 43 For 1231 36th Place
    3. Image 2 of 43 For 1231 36th Place
    4. Image 3 of 43 For 1231 36th Place
    5. Image 4 of 43 For 1231 36th Place
    6. Image 5 of 43 For 1231 36th Place
    7. Image 6 of 43 For 1231 36th Place
    8. Image 7 of 43 For 1231 36th Place
    9. Image 8 of 43 For 1231 36th Place
    10. Image 9 of 43 For 1231 36th Place
    11. Image 10 of 43 For 1231 36th Place
    12. Image 11 of 43 For 1231 36th Place
    13. Image 12 of 43 For 1231 36th Place
    14. Image 13 of 43 For 1231 36th Place
    15. Image 14 of 43 For 1231 36th Place
    16. Image 15 of 43 For 1231 36th Place
    17. Image 16 of 43 For 1231 36th Place
    18. Image 17 of 43 For 1231 36th Place
    19. Image 18 of 43 For 1231 36th Place
    20. Image 19 of 43 For 1231 36th Place
    21. Image 20 of 43 For 1231 36th Place
    22. Image 21 of 43 For 1231 36th Place
    23. Image 22 of 43 For 1231 36th Place
    24. Image 23 of 43 For 1231 36th Place
    25. Image 24 of 43 For 1231 36th Place
    26. Image 25 of 43 For 1231 36th Place
    27. Image 26 of 43 For 1231 36th Place
    28. Image 27 of 43 For 1231 36th Place
    29. Image 28 of 43 For 1231 36th Place
    30. Image 29 of 43 For 1231 36th Place
    31. Image 30 of 43 For 1231 36th Place
    32. Image 31 of 43 For 1231 36th Place
    33. Image 32 of 43 For 1231 36th Place
    34. Image 33 of 43 For 1231 36th Place
    35. Image 34 of 43 For 1231 36th Place
    36. Image 35 of 43 For 1231 36th Place
    37. Image 36 of 43 For 1231 36th Place
    38. Image 37 of 43 For 1231 36th Place
    39. Image 38 of 43 For 1231 36th Place
    40. Image 39 of 43 For 1231 36th Place
    41. Image 40 of 43 For 1231 36th Place
    42. Image 41 of 43 For 1231 36th Place
    43. Image 42 of 43 For 1231 36th Place
    Contact Silva Babaian
    Contacting Silva Babaian
    • All fields are required.
    Schedule A Showing
    Schedule a Showing.
    • All fields are required.
    Check this box to Register with us:
    Request more information
    • MLS#: 25477811 ( Multi-Family )
    • Street Address: 1231 36th Place
    • Viewed: 1
    • Price: $3,925,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2019
    • Bldg sqft: 0
    • Days On Market: 48
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90007
    • Provided by: KW Advisors
    • Contact: Davis Davis
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      We are pleased to offer the opportunity to acquire this brand new construction five (5) unit, 15 bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in unit washer & dryers, and high end finishes throughout the units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 5,524 rentable square feet on a 6,388 square foot lot, consisting of (5) 3 bedroom + 3 bathroom units. 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 2024 2025 year, with a gross income of $26,371/month. There's approximately 10% potential upside in rents, which an investor can achieve closer to about $28,000/month. The investment is priced at a current 6.25% Cap Rate & 13.2x GRM.
    Request More Information
    • All fields are required.
    Features
    Property Type
    1. Multi-Family
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836