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
Courtesy of Global Platinum Properties, Inc. 424-394-1030
Listing Snapshot
Days Online
7
Last Updated
Property Type
Other
Beds
4
Square Ft.
4,786
Lot Size
0.16 Acres
Year Built
1913
MLS Number
26668521
30 Days Snapshot Of 90018
$1.10M
+18%
(avg) sold price
7
+250%
homes sold
152
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Levels: Two, 4,786 sq ft, Built in 1913
Appliances & Equipment
None
Cooling
Ceiling Fan
Disclosures
None
Garage
Uncovered
Heating
Wall
Lot
LotAcreage: 0.1562, LotSizeArea: 6,802
Parking
TotalParking: 0
Property
NumberOfUnits: 4, Zoning: LAR2
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