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$ 1,495,000
Est. payment | /mo
2 Beds
4,108 SqFt
$ 1,495,000
Est. payment | /mo
2 Beds
4,108 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,108 sqft
Price per Sqft $363
MLS Listing ID CL26671253
Bedrooms 2
HOA Y/N No
Year Built 1913
Lot Size 6,907 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
Look at this Gross Income - $160,080.!! (Can be Delivered Vacant) Located in the coveted USC Security Patrol Zone and just 3 blocks from campus, this exceptional student housing investment is a high-performing asset in one of Los Angeles' most sought-after rental markets. The University of Southern California is world renown and one of the top rated institutions in the country. Because of proximity to campus, this property consistently commands premium rents, catering to both USC students and young professionals. Property includes two beautifully restored Craftsman residences totaling 12 bedrooms, with the potential to accommodate up to 19 occupants. Originally built in 1913 and beautifully renovated, the residences feature polished hardwood floors, granite countertops, stainless steel appliances, laundry, central HVAC, and updated systems including copper plumbing, electrical, and roofing. Each bedroom is spacious and well-appointed with furnishings such as beds, desks, armoires, and mini-fridges, along with individual climate controls. The property also offers on-site parking, secure entry, and additional amenities that enhance tenant appeal. This is a turnkey investment with excellent operating fundamentals. With the addition of the brand-new George Lucas Museum, the LAFC Stadium, upcoming 2028 Olympic events and much more, this location will continue to see increasing demand, and huge long-term growth.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Zoned, Central
Fireplace No
Laundry Dryer, Washer
Exterior
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 5040003001
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Listed by Lee Ziff • Keller Williams Beverly Hills
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