• Owner/user or investor purchase opportunity • Flex, fashion or creative applications • 11 small units make it easy to lease up for short term or long term tenancy • Currently 6 occupied units and 5 vacant units (4,015 SF available for occupancy upon closing) • $11,810 actual monthly gross income • $277,462 pro forma annual gross income; $212,978 pro forma net annual income; 7.34% pro forma cap rate • 2,125± SF of interior parking (6 spaces) • All units have a restroom + a loading door off the alley • Plumbing & electrical updated in 2012 — Roof done in 2015 • Great location just 5 blocks east of USC campus, LA Memorial Coliseum, Exposition Park, and BMO Stadium • Designated Qualified Opportunity Zone (tax benefits)
Property Documents
Marketing Package for 119 W 36th Pl & 118 W 36th St