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$1,950,000
Est. payment /mo
10 Beds
9 Baths
2,845 SqFt
UPDATED:
10/30/2024 01:39 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,845 sqft
Price per Sqft $685
MLS Listing ID 24455907
Bedrooms 10
HOA Y/N No
Year Built 1887
Lot Size 6,211 Sqft
Property Description
Don't miss this incredible opportunity to own a high-income property near the University of Southern California. With a cap rate of over 6%, this property is perfect for investors looking for strong rental income or an ideal owner-occupied option. All units are currently vacant, giving you full control over tenants and the opportunity to set rental rates to current market value. The property is just steps away from USC's campus, a variety of restaurants, shops, and vibrant Downtown LA, ensuring high demand from students, faculty, and professionals alike. One of the units is newly constructed, offering modern amenities and a fresh design, making it even more attractive for tenants. The property is located on DPS Patrol Zone.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating Central
Fireplace No
Appliance Dishwasher, Dryer, Washer
Exterior
Garage Door-Single, Driveway, Garage
Parking Type Door-Single, Driveway, Garage
Total Parking Spaces 4
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5124018026
Special Listing Condition Standard
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Listed by Andrianna Chakava • Coldwell Banker Realty