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$2,999,000
Est. payment /mo
18 Beds
12 Baths
5,355 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,355 sqft
Price per Sqft $560
MLS Listing ID 25530605
Bedrooms 18
HOA Y/N No
Year Built 2017
Lot Size 7,000 Sqft
Property Description
Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3-unit, 18-bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought-after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in-unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value-add opportunity, this asset is perfectly positioned for both immediate income and long-term appreciation. Don't miss out on this opportunity to own a turnkey, high-yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD2
Interior
Interior Features Ceiling Fan(s)
Heating Central
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Microwave, Dryer, Washer
Exterior
Parking Features Assigned, Controlled Entrance, Gated, On Street
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5040010018
Security Features Security Gate
Special Listing Condition Standard
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Listed by Christopher Newell • Berkshire Hathaway HomeServices California Properties
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