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$ 8,200,000
Est. payment | /mo
17,232 SqFt
$ 8,200,000
Est. payment | /mo
17,232 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 17,232 sqft
Price per Sqft $475
MLS Listing ID CL25569171
HOA Y/N No
Year Built 2015
Lot Size 0.413 Acres
Acres 0.4129
Property Sub-Type Other
Property Description
1168-1180 W. 36thPl., a prime student housing opportunity one-half block west of the University of Southern California (USC) in Los Angeles. Built in 2015 and designed specifically for student housing, the asset is comprised of 6 freestanding duplexes (12 units in total), each with 3 bedrooms and three bathrooms for a total of 36 bedrooms. Each unit features its own secure garage, kitchen/living area on the second floor and in-unit washer and dryer. The buildings are separately metered for all utilities including water and offer a gated perimeter for tenant security. The USC student housing market is comprised of mid-sized apartments located in adjacent low density residential neighborhoods along with institutional-sized housing along commercial corridors like Figueroa and Vermont Ave. 1168-1180 W.36th Pl. boasts clean, safe, modern living just one-half block west of campus and walkable to the Lucas Museum, Exposition Park and the LA Memorial Coliseum. The asset is also just blocks from the Expo/Vermont Metro Line offering express transit from Downtown LA to Santa Monica Beach and everything in between. The immediate area is a lively mix of student housing, residential streets, and campus-related amenities. It is a very walkable neighborhood with a high Walk Score, making it easy to get around on foot to nearby amenities and attractions. General area amenities include a variety of restaurants, cafes, and markets that serve the student population. The location offers easy access to the numerous cultural and recreational highlights within Exposition Park, including the Natural History Museum of Los Angeles County, the California Science Center, and the Exposition Park Rose Garden. The area also benefits from excellent public transit with nearby Metro stations, further connecting the neighborhood to the rest of Los Angeles.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 5040030044
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Listed by Adam Peterson • CB Richard Ellis, Inc.
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