This is an exceptional opportunity to acquire a Turn Key USC Student Housing. This beautifully restored Victorian home is a well-established, student housing located in the coveted DPS Patrol Zone within close walking distance to the University of Southern California. Situated on a HUGE 8,100 SF Corner lot offering a… Read More total of eight (8) bedrooms and four (4) bathrooms, split into two spacious units. Each unit consists of four (4) bedrooms and two (2) bathrooms, a huge private enclosed front yard for activities providing an ideal living situation for students. Equipped with parking spaces for additional income. Professionally managed for years offering seamless operations, FULLY leased to USC students for 2025-2026 at $9,300/month ($111,600/year). Major Value Add opportunity to construct an ADU, offering additional income to increasing cash flow. Don't miss out on this sound investment before the 2026 FIFA World CUP and 2028 Los Angeles Olympics as the home is situated in close proximity to LA Memorial Coliseum. Seller has recently completed painting the exterior and poured new concrete in driveway parking area spending over $45k in improvements, repairs and upgrades. Read Less
Property listed by Keller Williams Larchmont, Peter Oh 323-762-2600
Listing Snapshot
Days Online
17
Last Updated
Property Type
Other
Beds
8
Square Ft.
2,858
Lot Size
0.19 Acres
Year Built
1916
MLS Number
25541171
30 Days Snapshot Of 90007
$503k
0%
(avg) sold price
85
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Microwave, Refrigerator
Building
Built in 1916, Building area total: 2,858, Levels: Two, Living area: 2858, 2 stories, 1 building
Cooling
CentralAir
Heating
Central
Income
Gross income: $111,600, Net operating income: $83,700
Lot
0.186 acres, 8,102 square feet, Size: 8,102
Parking
6 totals parking, Driveway
Property
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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