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Multifamiliar (2-4 unidades)Número de MLS: #24-473609
We are pleased to offer the opportunity to acquire this four (4) unit, 16-bedroom, value-add student housing apartment complex, located in the highly desirable DPS Patrol Zone, less than 1 block to the University of Southern California (USC). This two-story building was constructed of wood frame and stucco on a raised foundation built in 1960 with a square footage of 4,923 on a 5,981-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of (4) 4-bedroom + 2-bathroom units. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, five (5) on-site parking spaces, and individually metered for gas and electricity. Three of the four units will be delivered vacant upon the close of escrow an excellent value-add opportunity to remodel and update the units to achieve top market rents.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. The expansive lot size allows an investor to add even more value to the property by constructing an ADU to further increase cash-flow (about $5,500/month), generating an even higher yield/ net income. (Buyer to verify)Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
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Amenidades: | Puerto |
Estilo arquitectónico: | Otro |
Área del lote: | 0.14 Acres |
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Escuela primaria
LENICIA B. WEEMES ELEMENTARY
0.2
MillasVer detalle
Escuela secundaria (ciclo básico)
FOSHAY LEARNING CENTER
0.8
MillasVer detalle
Escuela secundaria (ciclo superior)
MANUAL ARTS HIGH SCHOOL
1.0
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
John W. Mack Elementary | 0.3 mi | Public | KG-5 | D+ |
Stem Preparatory Elementary School | 0.3 mi | Public | KG-5 | D+ |
Vermont Avenue Elementary | 0.6 mi | Public | KG-5 | B- |
Ednovate - Usc Hybrid High College Preparatory | 0.6 mi | Public | 9-12 | A- |
Thirty-second Street Usc Performing Arts | 0.7 mi | Public | KG-12 | A- |
Dr. Theodore T. Alexander Jr. Science Center | 0.7 mi | Public | KG-5 | B- |
St Agnes School | 0.7 mi | Private | PK-8 | |
Bright Elementary School | 1.0 mi | Public | KG-5 | B |
Menlo Avenue Elementary | 1.0 mi | Public | KG-5 | C+ |
Los Angeles Christian School | 1.1 mi | Private | KG-8 | |
King Jr. Elementary School | 1.1 mi | Public | KG-5 | C- |
William Jefferson Clinton Middle School | 1.1 mi | Public | 6-8 | C- |
St Cecilia Catholic School | 1.1 mi | Private | KG-8 | |
Public Policy Charter | 1.1 mi | Public | 5-8 | |
Sophia T. Salvin Special Education Center | 1.1 mi | Public | KG-10 | |
Animo Jackie Robinson High School | 1.1 mi | Public | 9-12 | B |
Global Education Academy | 1.2 mi | Public | KG-6 | B- |