CA > Los Angeles
Los Angeles, CA 90007,1109 Exposition BLVD
Los Angeles, CA 90007,1109 Exposition BLVD
Los Angeles, CA 90007,1109 Exposition BLVD
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Daniel Howard

Daniel Howard

+1(310) 269-0818
$749,000
Est. payment /mo
5 Beds
2 Baths
1,057 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,057 sqft

Price per Sqft $708

MLS Listing ID 25549149

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1912

Lot Size 2,665 Sqft

Property Sub-Type Single Family Residence

Property Description

We are pleased to present a rare opportunity to acquire a vacant, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom, 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667 square foot lot zoned LARD2, making it ideal for student housing or co-living arrangements.Given its proximity to USC and the USC Village, this property presents significant income potential, with market rents projected at approximately $1,200 per bedroom. The investment is attractively priced at an 8% cap rate, offering strong returns with minimal operating expenses, as tenants are responsible for covering all utilities including water, trash, gas, and electricity.In addition to its premium location near campus, the property is just a short walk from the Metro Expo Line, providing convenient access to both Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major cultural and sports destinations including the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the upcoming George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, this area continues to grow in both prominence and investment appeal.This is a excellent opportunity to own a well-positioned, high-demand rental property in one of Los Angeles' most dynamic and rapidly developing neighborhoods.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms Shed(s)

Interior

Flooring Wood

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator, Dryer, Washer

Laundry Outside

Exterior

Pool None

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Story 1

Entry Level One

Architectural Style See Remarks

Level or Stories One

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 5040013029

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Davis Saadian • Keller Williams Hollywood Hills

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agent

Daniel Howard

Agent | License ID: 01880426

+1(310) 269-0818

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