1168 W. 38th Street,
Los Angeles, California 90037

Property Description

We are pleased to offer the opportunity to acquire this four (4) unit, brand new construction multifamily investment opportunity, blocks to the University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1924/2020, and fully updated/remodeled throughout, with approximately 3,296 rentable square feet on a 6,633 square foot lot. The investment is comprised of two (2) separate structures, with a unit mix consisting of three (3) spacious 1-bedroom + 1-bathroom units & one (1) 2-bedroom + 1-bathroom unit. One unit will be delivered vacant, and will cash flow at approximately $8,000/month fully occupied. The kitchens have granite countertops and wet bar, with brand new stainless steel appliances, dishwasher, and washer and dryer. The bedrooms are spacious, have large windows, and offers full walk in closets.