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$ 3,800,000
Est. payment | /mo
13 Beds
4,185 SqFt
$ 3,800,000
Est. payment | /mo
13 Beds
4,185 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,185 sqft
Price per Sqft $908
MLS Listing ID CL25522079
Bedrooms 13
HOA Y/N No
Year Built 1914
Lot Size 6,104 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
This beautifully restored Victorian 4-plex is located in the heart of North University Park and is in a prime area for USC student housing. Nestled on a picturesque, tree-lined street blocks from the University of Southern California, the property offers the perfect blend of classic charm and modern updates. Recently remodeled inside and out, each of the four spacious units features a contemporary kitchen with new stainless steel appliances, updated bathrooms, an in-unit washer and dryer, and central air and heat. The property is fully tenant-occupied, with leases in place through the 2025-2026 academic year, providing immediate and consistent rental income. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. There are apx 49,000 students enrolled at USC, including nearly 21,000 undergraduates, the need for quality housing close to campus remains steady year after year. The location is just minutes away from DTLA and all the restaurants and shops of West Adams. This is a rare investment opportunity to own a fully leased, high-yield property steps from USC, surrounded by beautiful historic homes and vibrant city living.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5055025003
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Christopher Furstenberg • Nourmand & Associates-HW