EXCELLENT INVESTMENT OPPORTUNITY for USC STUDENT HOUSING! 30 unit property plus one 4 Bedroom ADU! Property generates over $55,000 in rental income per month! 6.20% CAP Rate and 11.63 GRM on existing Income! Property has a mix of 18-1 Bedroom units, 12-Studio Units and one new 4 Bedroom+2 Bathroom ADU. Property is 3 stories also including a basement and a rooftop deck. Property is professionally managed and occupied for the 2024-2025 USC school year. Property has a Mills Act designation and has property tax savings! DRIVE BY ONLY! DO NOT DISTURB TENANTS!
Additional Features
- None
- Multi/Split
- Three Or More
- Parking spaces: 0.00
- Listing Status: Active
- Listing Agent: Michael R. Fukushima
(lic# 01380445)
of Beverly Hills/Greater LA
- Listing Office: Keller Williams Downtown LA
(lic# 01947193)
- CO-Listing Agent: Stephen F. Watson
(lic# 01187813)
of Beverly Hills/Greater LA
- CO-Listing Office: Keller Williams Downtown LA
(lic# 01947193)
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Based on information from CRISNet MLS as of 14th January 2025 at 10:28pm. 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.
