1164 W 37th Place, Los Angeles (city), CA 90007

This charming single family investment offering is optimized for student rentals amid a dense student population just steps from USC and commercial shopping centers that service the collegiate lifestyle. The current structure, estimated at 1750 SF, buyer to verify, has been efficiently and tastefully remodeled to accommodate 5 bedding rooms, with each room rented for $1000 per month starting August 2018. Potential for additional rental upside exists by adding amenity upgrades. Additionally, this property is situated on a large 7001 SF lot that is Zoned LARD 2, making for the potential to add units in back, or tear down and build ground up for maximum FAR density. In total, based on recent sales, current available properties, and the special features this property has, this asset presents a unique and compelling value at the listing price.~~