This is a rare opportunity to acquire a two-story, four-unit property just west of the USC - an area, undergoing rapid growth and significant new development. With 4,786 sq. ft. of improvements on a generous lot with ample parking, the asset is well-positioned for strong tenant demand and future expansion.… Read More The property offers an attractive blend of stability and upside: a solid 5.0% cap rate and meaningful rent growth potential, with two units poised for 75-100% increases. Preliminary plans to add four ADUs further enhance the longterm value proposition. Each unit is individually metered for gas and electricity, keeping operating costs low and management efficient. The expansive rear lot provides excellent flexibility for additional ADU development. Located a stone's throw away from USC security and adjacent to new construction, the property sits in a neighborhood energized by ongoing multifamily and commercial projects, major infrastructure upgrades, and global events, including the 2026 World Cup and 2028 Olympics. Its proximity to the Expo Line offers seamless access to transit, employment centers, and entertainment. This is an exceptional chance to secure a cash-flowing asset with multiple avenues for growth in one of Los Angeles' most dynamic and rapidly evolving submarkets. Read Less
Property listed by Global Platinum Properties, Inc., Armin Soleimani 310-259-7556
Listing Snapshot
Days Online
2
Last Updated
Beds
4
Square Ft.
4,786
Lot Size
0.16 Acres
Year Built
1913
MLS Number
26668521
Additional Details
Building
Built in 1913, Living area: 4786.0, 1 building, 2 stories, Levels: Two
Heating
WallFurnace
Income
Gross Income: $104,892, Net Operating Income: $70,450
Lot
0.1562 acres
Parking
Uncovered
Taxes
Parcel Number: 5041011004, Zoning: LAR2
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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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