Est. mensual: $6,352 Recalcular
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Multifamiliar (2-4 unidades)Número de MLS: #24-452686
We are pleased to offer the opportunity to acquire two (2) single-family residences, consisting of 12 bedrooms which can fit up to 19 beds. It is located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC).The two restored Craftsman homes were completely updated & remodeled in 2015 - featuring polished hardwood floors, stainless steel kitchen appliances, granite counter tops, and in-unit washer & dryers. Both properties have updated copper plumbing, electrical systems, roofs, and central HVAC.The structures were built in 1913, constructed of wood frame and stucco on a raised foundation, with a total square footage of 4,100 SF, on a 6,905 SF lot, zoned LARD1.5. The buildings have been reinforced and upgraded in compliancewith the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of one (1) 8-bedroom + 6-bathroom SFR, and one (1) 4-bedroom + 2-bathroom SFR. The bedrooms are spacious and furnished with beds, armoires, desks, mini-fridges, and individual thermostat controls. Combined with parental guarantees on some 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 investment is 100% occupied with USC students and young working professionals, and fully leased for the 2024 - 2025 year, with a gross income of $13,600/month. There's approximately 20% potential upside in rents, which an investor can achieve closer to about $17,400/month. The expansive lot size allows an investor to add even more value to the property by constructing a 3-bedroom + 3-bathroom ADU to further increase cash-flow (buyer to verify). Currently priced at a 6.75% Cap Rate excellent cash-flow investment opportunity.Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
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Amenidades: | Puerto |
Estilo arquitectónico: | Otro |
Pisos: | Pisos de maderas nobles |
Área del lote: | 0.16 Acres |
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Escuela primaria
JOHN W. MACK ELEMENTARY
0.3
MillasVer detalle
Escuela secundaria (ciclo básico)
FOSHAY LEARNING CENTER
0.6
MillasVer detalle
Escuela secundaria (ciclo superior)
MANUAL ARTS HIGH SCHOOL
1.2
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Stem Preparatory Elementary School | 0.1 mi | Public | KG-5 | D+ |
Lenicia B. Weemes Elementary | 0.2 mi | Public | PK-5 | C |
Vermont Avenue Elementary | 0.5 mi | Public | KG-5 | B- |
St Agnes School | 0.6 mi | Private | PK-8 | |
Bright Elementary School | 0.7 mi | Public | KG-5 | B |
Ednovate - Usc Hybrid High College Preparatory | 0.9 mi | Public | 9-12 | A- |
Thirty-second Street Usc Performing Arts | 0.9 mi | Public | KG-12 | A- |
Holy Name Of Jesus School | 0.9 mi | Private | KG-8 | |
Cheerful Helpers Therapeutic School | 0.9 mi | Private | PK-T1 | |
Sophia T. Salvin Special Education Center | 0.9 mi | Public | KG-10 | |
Los Angeles Christian School | 1.0 mi | Private | KG-8 | |
Dr. Theodore T. Alexander Jr. Science Center | 1.0 mi | Public | KG-5 | B- |
Crown Preparatory Academy | 1.0 mi | Public | 5-8 | C+ |
24th Street Elementary School | 1.0 mi | Public | KG-4 | B+ |
Camino Nuevo Elementary #3 | 1.0 mi | Public | KG-8 | C- |
Crown Preparatory Academy | 1.0 mi | Public | 5 | |
Public Policy Charter | 1.1 mi | Public | 5-8 | |
King Jr. Elementary School | 1.1 mi | Public | KG-5 | C- |