This beautifully restored Victorian 4-plex is located in the heart of North University Park and is in a prime area for USC student housing. Nestled on a picturesque, tree-lined street blocks from the University of Southern California, the property offers the perfect blend of classic charm and modern updates. Recently… Read More 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. Read Less
Courtesy of Nourmand & Associates-HW 323-462-6262
Listing Snapshot
Days Online
12
Last Updated
Property Type
Other
Beds
13
Square Ft.
4,185
Lot Size
0.14 Acres
Year Built
1914
MLS Number
25522079
30 Days Snapshot Of 90007
$963k
0%
(avg) sold price
0
-100%
homes sold
51
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Range/Oven, Refrigerator
Building
4,185 sq ft, Built in 1914, Levels: Two
Cooling
Central
Disclosures
Historical, Rent Control
Floors
Laminate
Garage
Assigned, Private
Heating
Central
Lot
LotAcreage: 0.1401, LotSizeArea: 6,104
Parking
OpenOtherSpacesTotal: 4, TotalParking: 4
Property
NumberOfUnits: 4, Zoning: LARD1.5
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