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$ 1,395,000
Est. payment | /mo
8 Beds
4 Baths
2,858 SqFt
$ 1,395,000
Est. payment | /mo
8 Beds
4 Baths
2,858 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,858 sqft
Price per Sqft $488
MLS Listing ID 25541171
Bedrooms 8
HOA Y/N No
Year Built 1916
Lot Size 8,102 Sqft
Property Description
This is an exceptional opportunity to acquire a Turn Key USC Student Housing. This beautifully restored Victorian home is a well-established, student housing located in the coveted DPS Patrol Zone within close walking distance to the University of Southern California. Situated on a HUGE 8,100 SF Corner lot offering a total of eight (8) bedrooms and four (4) bathrooms, split into two spacious units. Each unit consists of four (4) bedrooms and two (2) bathrooms, a huge private enclosed front yard for activities providing an ideal living situation for students. Equipped with parking spaces for additional income. Professionally managed for years offering seamless operations, FULLY leased to USC students for 2025-2026 at $9,300/month ($111,600/year). Major Value Add opportunity to construct an ADU, offering additional income to increasing cash flow. Don't miss out on this sound investment before the 2026 FIFA World CUP and 2028 Los Angeles Olympics as the home is situated in close proximity to LA Memorial Coliseum. Seller has recently completed painting the exterior and poured new concrete in driveway parking area spending over $45k in improvements, repairs and upgrades.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Parking Features Driveway
Total Parking Spaces 6
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5054035015
Special Listing Condition Standard
Listed by Peter Oh • Keller Williams Larchmont