Los Angeles, CA90007
| 4185 sqft | MLS# 25522079
Tract:
For Sale $3,000,000
Description
This beautifully restored Victorian 4-plex is situated in the heart of North University Park, offering prime USC student housing. Nestled on a picturesque, tree-lined street block from the University of Southern California, the property provides the perfect blend of classic charm and modern updates. Recently remodeled inside and out, each of the four spacious units features a contemporary kitchen with new stainless steel appliances, updated bathrooms, an in-unit washer and dryer, and central air and heat. The property is fully tenant-occupied, with leases in place through the 2025-2026 academic year, providing immediate and consistent rental income. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. There are apx 49,000 students enrolled at USC, including nearly 21,000 undergraduates, the need for quality housing close to campus remains steady year after year. The location is just minutes away from DTLA and all the restaurants and shops of West Adams. This is a rare investment opportunity to own a fully leased, high-yield property steps from USC, surrounded by beautiful historic homes and vibrant city living.
Facts
| Built in 1914 | Lot Size: 6104.00 sqft | HOA Dues: $0/month
Features
Listing provided by Christopher Furstenberg, Nourmand & Associates-HW
Based on information from California Regional Multiple Listing Service, Inc. as of July 7, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
