Description
We are pleased to offer for sale this three (3) unit, eleven (11) bedroom, student housing investment opportunity, located walking distance to the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 1907, with approximately 3,640 rentable square feet on a 5,660 square foot lot. The investment is comprised of two (2) structures, with a unit mix consisting of one (1) 5-bedroom + 2-bathroom unit, one (1) 4-bedroom + 2-bathroom unit, & one (1) 2-bedroom + 1-bathroom unit. The Property is 100% occupied with USC students, and 2 of the 3 units are pre-leased for the 2021-2022 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. The property includes spacious, fully updated & remodeled units, updated copper plumbing, and an outdoor common area with a 6-8 person hot tub.
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11BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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3,640SQFT
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$749$/SQFT
School Ratings & Info
Description
We are pleased to offer for sale this three (3) unit, eleven (11) bedroom, student housing investment opportunity, located walking distance to the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 1907, with approximately 3,640 rentable square feet on a 5,660 square foot lot. The investment is comprised of two (2) structures, with a unit mix consisting of one (1) 5-bedroom + 2-bathroom unit, one (1) 4-bedroom + 2-bathroom unit, & one (1) 2-bedroom + 1-bathroom unit. The Property is 100% occupied with USC students, and 2 of the 3 units are pre-leased for the 2021-2022 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. The property includes spacious, fully updated & remodeled units, updated copper plumbing, and an outdoor common area with a 6-8 person hot tub.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-01T17:42:57.25. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.