REDUCED! 3 units rented! We are proud to exclusively present for sale a 100% Brand New Construction, Non-Rent-Controlled 5 Unit Residential Building in the USC area! The property features only Market Rate units with no RSO, and would command strong cash flow at market rents, with a large pool of USC Students as potential tenants! With carefully designed layouts allowing for the renting of units by the room, this property boasts 13 Bedrooms + 2 Dens (could be used as bedrooms) and 6, 135 SF of rentable square footage. The units all have open great rooms with Kitchen and Dining areas, they all have washers and dryers, air conditioning. The four larger units are townhouse-style and each have direct access to their own individual rooftop decks. There are four sets of Solar Panels on the roofs. Perfect for students (rent as a group or by the room!), teachers, employees everyone. There are six parking spaces on site (four in the back and two tandem spaces in the drive way in the front) with the possibility of two more in front of the building. Or walk half a mile to the E / Expo Metro Subway station and head to the beach, Downtown LA, or connect to the rest of Southern California. The property is walking distance to USC, Exposition Park (with the Natural History Museum, the new Lucas Museum of Narrative Art, BMO Stadium, the LA Memorial Coliseum), The Shops at USC Village and much more.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 14
- Full Bathrooms: 14
Appliances
- Laundry Facilities: In Unit
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Air Conditioning
Land Info
- Lot Size Acres: 0.1396465
- Lot Size Dimensions: 46x132
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6083
Garage and Parking
- Garage Description: Assigned, Gated
- Parking Total: 6
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 5
- Unit Type: Townhms/Flat
- Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 3400, 2 BedsTotal: 3, 2 BathsTotal: 3.5, 2 SquareFeet: 4495, 3 BedsTotal: 3, 3 BathsTotal: 3.5, 3 SquareFeet: 4495, 4 BedsTotal: 2, 4 BathsTotal: 2.5, 4 SquareFeet: 2895, 5 BedsTotal: 3, 5 BathsTotal: 2.5, 5 SquareFeet: 3938
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 5.45
- Directions: Near USC. Just west of Exposition Park.
- Source Property Type: Residential Income
- Area: Los Angeles Southwest
- Source Neighborhood: Los Angeles Southwest
- Parcel Number: 5037-010-033
- Postal Code Plus 4: 1523
- Zoning: RD1.5
- Source System Name: C2C
Commercial Info
- Net Operating Income: 174228
Building and Construction
- Total Square Feet Living: 6135
- Year Built: 2024
- Common Walls: Attached
- Levels: Three Or More Levels
- Living Area Source: Developer
- New Construction: Yes
- Levels or Stories: 3
- Year Built Source: Builder
Home Features
- Other Equipment: Washer, Dryer, Dishwasher, Range/Oven, Solar Panels, Microwave