Coldwell Banker Realty is pleased to present the opportunity to acquire a 3 unit apartment building in Los Angeles adjacent USC, located within USC Patrol Zone.Built in 1906 and expanded 2010,the subject property offers a unit mix of 1 four-bedroom four-bathroom,1 five-bedroom three-bathroom, and1 six-bedroom two-bathroom.Gas and electricity (Solar Panel)… Read More are separately metered while water is mastered.Most of the interior units were upgraded in 2021, designed with co-living in mind.The building features stucco and wood- frame construction and provides seven parking spots for on-site tenants.This is an exceptional opportunity for student housing investment, where tenant leases typically align with the academic calendar of one of the nation's top private universities. Read Less
Property listed by Coldwell Banker Realty, Bo Hyeok Kim 818-240-1111
Listing Snapshot
Days Online
40
Last Updated
Property Type
Other
Beds
15
Square Ft.
5,178
Lot Size
0.16 Acres
Year Built
1906
MLS Number
24463429
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 1906, Building area total: 5,178, Levels: Two, Living area: 5178, 2 stories, 2 buildings
Heating
WallFurnace
Income
Gross income: $154,536, Net operating income: $93,518
Lot
0.1607 acres, 7,000 square feet, Size: 7,000
Parking
Driveway, Gated
Property
Zoning: LARD2
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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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