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$2,975,000
Est. payment /mo
16 Beds
14 Baths
6,230 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,230 sqft
Price per Sqft $477
MLS Listing ID 25546579
Bedrooms 16
HOA Y/N No
Year Built 1904
Lot Size 7,348 Sqft
Property Description
*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 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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating None
Fireplace No
Exterior
Parking Features Gated
Community Features Gated
Total Parking Spaces 5
Building
Lot Description Front Yard
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5055015030
Security Features Gated Community
Special Listing Condition Standard
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Listed by Michael R. Fukushima • Keller Williams Los Angeles