USC Student housing investment opportunity! 6.6% CAP rate and 10.6 GRM! All current tenants are students at USC! Property is located within short walking distance to the University of Southern California. The property is located within the USC Department of Public Safety Patrol Zone and the USC Lyft Ride Safe… Read More program. The property has a total of 16 Bedrooms and 11 Bathrooms in 4 separate units. One - 5 Bed+4 Bath unit, two - 4 bed+3 bath units, and one - 3 Bed+1 Bath unit. The building is 4,680 Sq. Ft. and sits on a 6,708 Sq. Ft. lot zoned LAR2. There are 6 on-site parking spaces. Potential to add ADU on the lot. *Buyer to verify all information* Please do not disturb tenants, drive by only. Read Less
Property listed by Keller Williams Realty Downey, Michael R. Fukushima 562-334-1500
Listing Snapshot
Days Online
62
Last Updated
Property Type
Other
Beds
16
Square Ft.
4,680
Lot Size
0.15 Acres
Year Built
1913
MLS Number
24456327
30 Days Snapshot Of 90007
$883k
-13%
(avg) sold price
2
-33%
homes sold
72
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1913, Building area total: 4,680, Levels: Two, Living area: 4680, 2 stories, 1 building
Community
Gated
Cooling
None
Heating
WallFurnace
Income
Gross income: $207,000, Net operating income: $146,120
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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