Property listed by Keller Williams Los Angeles, Michael R. Fukushima 562-334-1500
$2,975,000
*This property is part of the Prime Student Housing Portfolio at USC. May be purchased separately or all together.* Turnkey 5-unit student housing investment located within USC's 24-hour patrol zone and Campus ride-share coverage area, just a short walk to campus and USC Village. The property offers 16 bedrooms across… Read More 6,230 sq. ft. with a strong 7.0% CAP rate and 10.4 GRM. Fully renovated front duplex includes a 4 Bed/4 Bath and 3 Bed/3 Bath, while the rear duplex (built in 2016) features two 4 Bed/3 Bath townhome-style units. A garage-converted studio ADU (built in 2022) adds additional income potential. Upgraded systems, modern landscaping, on-site parking, and high student demand make this a low-maintenance, high-performing asset. Bonus: driveway offers potential for additional ADU development. Read Less
Listing Snapshot
Days Online
70
Last Updated
Property Type
Other
Beds
16
Square Ft.
6,230
Lot Size
0.17 Acres
Year Built
1904
MLS Number
25546579
30 Days Snapshot Of 90007
$1.14M
+82%
(avg) sold price
2
+100%
homes sold
38
-37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1904, Building area total: 6,230, Levels: MultiSplit, Living area: 6230, 2 buildings
Community
Gated
Heating
None
Income
Gross income: $285,180, Net operating income: $208,221
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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