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
183
Last Updated
Beds
16
Square Ft.
6,230
Lot Size
0.17 Acres
Year Built
1904
MLS Number
25546579
Additional Details
Building
Built in 1904, Living area: 6230.0, 2 buildings, 2 stories, Levels: MultiSplit
Community
Gated
Heating
None
Income
Gross Income: $285,180, Net Operating Income: $208,221
Lot
0.1687 acres, Dimensions: 75x103, FrontYard
Parking
5 total parking spaces, Gated
Security Features
GatedCommunity
Taxes
Parcel Number: 5055015030, Zoning: LARD1.5
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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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