We are pleased to present a rare opportunity to acquire a vacant, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom, 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667… Read More square foot lot zoned LARD2, making it ideal for student housing or co-living arrangements.Given its proximity to USC and the USC Village, this property presents significant income potential, with market rents projected at approximately $1,200 per bedroom. The investment is attractively priced at an 8% cap rate, offering strong returns with minimal operating expenses, as tenants are responsible for covering all utilities including water, trash, gas, and electricity.In addition to its premium location near campus, the property is just a short walk from the Metro Expo Line, providing convenient access to both Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major cultural and sports destinations including the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the upcoming George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, this area continues to grow in both prominence and investment appeal.This is a excellent opportunity to own a well-positioned, high-demand rental property in one of Los Angeles' most dynamic and rapidly developing neighborhoods. Read Less
Courtesy of Keller Williams Hollywood Hills 310-623-1300
Listing Snapshot
Days Online
33
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
2
Square Ft.
1,057
Lot Size
0.06 Acres
Year Built
1912
MLS Number
25549149
30 Days Snapshot Of 90007
$380k
0%
(avg) sold price
0
-100%
homes sold
28
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven, Refrigerator, Freezer, Washer, Dryer
Building
1,057 sq ft, Built in 1912, Levels: One, Detached/No Common Walls
Disclosures
As Is
Fireplaces
None
Floors
Hardwood
Home Owner's Association
HOA Present
Laundry
Outside
Lot
LotAcreage: 0.0612, LotSizeArea: 2,667
Parking
TotalParking: 2
Pool
PoolYN: False, None
Property
OtherStructures: Shed(s), Other, PropertySubType: Single Family Residence, Zoning: LARD2
Spa
Has spa, None
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