Description
350k price reduction! we are pleased to present an exceptional investment opportunity: a newly constructed, fully furnished four-unit student housing property with a remarkable 7.40% cap rate. this property features a total of nineteen bedrooms and sixteen bathrooms, situated in the sought-after dps patrol zone and just a short walk from the university of southern california (usc).spanning approximately 6,500 rentable square feet across two distinct structures, the front structure was completely rebuilt in 2023, and features brand new flooring, plumbing, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. additionally, the front duplex's scope of work included a complete to-the-studs reconstruction, with brand new framing, foundation and roofing, essentially delivering a brand-new low maintenance structure to any prospective buyer. the back duplex was recently constructed and completed in 2023 and features the same high-end finishes as the front unit. the investment is 100% occupied with usc students and fully leased for the 2024-2025 academic school year. combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. tenants pay for all utilities of the property including water/gas/electric/trash. (monthly management fee of $2,007.25 is not included in the cap rate as potential buyers can self-manage at the expiration of leases.)
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50214156
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 19
Bathroom Information
- Total Baths: 16
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1919
- Building Area Total: 6,500
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1348
- Lot Size Dimensions: 50x118
- Lot Size Source: Assessor
- Lot Size Square Feet: 5871
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Listing Information
Listing Price Information
- Original List Price: 3,850,000
- Listing Contract Date: 2025-06-18
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 5055016006
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C16 - Mid Los Angeles
- Postal Code Plus 4: 1740
- Directions: 1237 W. 25th Street, 90007
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C16 - Mid Los Angeles
Building and Construction
- Property Age: 106
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 6500
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 06/21/2025 @ 06:59
- MLS: 25554291
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 19 bedrooms which is for sale, it has 6,500 sqft, 5,871 sized lot, and 0 parking. are nearby neighborhoods.