Property listed by Keller Williams Los Angeles, Michael R. Fukushima 562-334-1500
$2,900,000
*This property is part of the Prime Student Housing Portfolio - May be purchased separately or together.* Turnkey student housing opportunity just blocks from USC, featuring three fully detached buildings with a total of 16 bedrooms and the potential to house up to 32 tenants. The front duplex, originally built… Read More in 1905, underwent a full renovation in 2019 with modern systems, updated interiors, and ideal layouts for student living. Two rear ADUs, built in 2022, offer townhome-style 4 bed/3 bath units with premium finishes and efficient designs. The outdoor common area was upgraded in 2024 with turf, stamped concrete, BBQ grill, seating, and bike racks, creating a secure and welcoming space for tenants. With a strong 7.0% CAP rate, minimal deferred maintenance, and prime location within the USC DPS Patrol Zone, this property offers strong in-place income and long-term upside. Just a short walk to USC campus, USC Village, and public transit, this is a high-demand, low-maintenance investment in the heart of Los Angeles. Read Less
Listing Snapshot
Days Online
85
Last Updated
Beds
16
Square Ft.
4,748
Lot Size
0.17 Acres
Year Built
1905
MLS Number
25546699
Additional Details
Building
Built in 1905, Living area: 4748.0, 3 buildings, Levels: MultiSplit
Community
Gated
Heating
None
Income
Gross Income: $275,460, Gross ScheduledIncome: $275,460, Net Operating Income: $201,587
Lot
0.1705 acres
Parking
4 total parking spaces, Gated
Security Features
GatedCommunity
Taxes
Parcel Number: 5054033012, Zoning: LAR2
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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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