$1,498,000
145 E. 36th Street presents an attractive multi-family investment opportunity located in a rapidly improving area near the University of Southern California. The property comprises of two residential units built in 2014. Live in one and rent the other. Each unit features 5 bedrooms and 3 bathrooms. Top unit is rented for $5,600 a month, tenant lease will be up in June. The bottom unit is vacant and fully remodeled. The property is well situated in an up-and-coming neighborhood, within close proximity to shopping, dining, and public transportation, and just 9 minutes from USC, making it highly appealing to the local rental market and students. Ongoing neighborhood development and infrastructure improvements further support long-term appreciation. This property is ideal for seasoned investors seeking a value-add multifamily opportunity with upside through potentially adding ADU income, rent growth, and operational efficiencies in a high-demand rental corridor. Don't miss this investment opportunity.
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Listed by Silvia Sanchez with The Mortgage Guy Inc. (424) 777-0320
Property Type
Residential Income
Status
Active
MLS Number
26672005
Year Built
2014
Lot Size
6,264 sq ft