We are pleased to present an exceptional investment opportunity: a brand-new ground-up construction student housing property located just steps away from the University of Southern California (USC) and within the DPS Patrol Zone. Completed in 2025, this thoughtfully designed asset features a total of 30 oversized bedrooms and 33 bathrooms,… Read More with each bedroom offering a private en-suite bathroom and closet. Priced at $4,495,000, or just under $150,000 per bed and $452 per square foot, the property delivers strong returns with a 8.19% cap rate (which already accounts for an 8% professional property management fee) and is ideally positioned for long-term stability and growth. Spanning two distinct four-story structures and separated into three units, each with ten bedrooms, the design prioritizes space and comfort. Every unit features a large open-concept kitchen, generous dining and living areas, a convenient powder room, and two sets of washer and dryers, creating a welcoming and functional environment for tenants. The 10-foot ceilings, premium finishes, and spacious layouts not only set the property apart from comparable student rentals but also make it easier to lease year after year. The elevated design enhances tenant satisfaction and broadens appeal for both rent-by-the-room and rent-by-the-bed strategiesideal for USC students or co-living and transitional housing models. Located just a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, the property offers tenants seamless access to Downtown LA, and cultural landmarks such as the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. With the 2028 Olympics on the horizon and consistent demand from the USC student body, this newly built asset represents a rare opportunity to acquire a low-maintenance, high-capacity rental property in one of Los Angeles' most robust and resilient submarkets. *The property is currently vacant, as the sellers were awaiting the issuance of the Certificate of Occupancy prior to initiating any leasing activity. Read Less
Property listed by Keller Williams Beverly Hills, Adam Shamooelian 310-432-6400
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
30
Square Ft.
9,944
Lot Size
0.13 Acres
Year Built
1905
MLS Number
25557335
30 Days Snapshot Of 90007
$1.14M
+82%
(avg) sold price
2
+100%
homes sold
38
-37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1905, Building area total: 9,944, Levels: ThreeOrMore, Living area: 9944, 2 buildings
Income
Gross income: $504,000, Net operating income: $368,063
Lot
0.1296 acres, 5,646 square feet, Size: 5,646
Parking
2 totals parking
Property
Zoning: LARD1.5
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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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