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$ 1,500,000
Est. payment | /mo
10 Beds
2,443 SqFt
$ 1,500,000
Est. payment | /mo
10 Beds
2,443 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,443 sqft
Price per Sqft $613
MLS Listing ID CRTR25171507
Bedrooms 10
HOA Y/N No
Year Built 1901
Lot Size 5,893 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
// PRICE IMPROVEMENT // Almost 8% CAP RATE!!! A prime investment opportunity in the heart of the USC rental market, this fully furnished property features a 5-bedroom, 4-bathroom single-family residence with updated electrical and plumbing systems in 2020 and a permitted 5-bedroom, 3-bathroom ADU, newly built in 2024 with paid off solar. Both units are fully furnished and leased to USC students. Designed for maximum efficiency, the property includes separate electric meters, tenants are responsible for LADWP, SoCal gas, internet, trash and sewer. The paid-off solar panels further enhance cost savings, making this an even more attractive investment. A 2024 paved driveway offers six parking spaces, a rare and valuable feature in this high-demand area. Located just minutes from USC, with easy access to shopping, dining, and major freeways, this turnkey rental offers amazing cap rate with room for increased returns. Don't miss this rare opportunity to own a high-yield investment in one of Los Angeles' strongest rental markets.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Cooling Other
Flooring Laminate
Fireplace No
Appliance Tankless Water Heater
Laundry Common Area
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5055001022
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Listed by Julie Tung • Real Broker
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AnnMarie Barajas
Partner | Lic# DRE# 01898810