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Listed by 424-224-9344 - Daniel Lewin - DRE #01932742 - Younglewin Advisors, Inc. 562-318-0215

$3,850,000

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1256 Adams Boulevard Los Angeles, CA 90007

Triplex Residence

Beds

Baths

5,103 Sq. Ft.

0.15 Acre Lot

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Time on Site

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Last updated on 1/23/2025 6:26 PM

Listing Details

We are pleased to present 1256 W Adams Blvd, a turnkey stabilized student housing asset located 0.5 miles from the University of Southern California in the North University Park submarket that is most desirable for USC students. The property consists of 3 units and 15 bedrooms - one fully renovat...ed 9 Bed 7 Bath House and two 2022 Construction 3 Bed/3 Bath Units with 4 ground-level enclosed parking spaces. The property is fully leased to USC students for a total monthly rent of $25,414. Offered for $3,850,000 at $256,667 per bedroom and a true 5.86% CAP Rate 1256 W Adams is one of the most competitively priced assets on the market. The property is professionally managed by one of the largest student housing operators in the USC market and the management company is willing to stay in place with a new buyer after close of escrow. The property is fully occupied and already fully pre-leased for the 2024-2025 academic year allowing a new buyer optimally easy management upon ownership. Each Unit is Individually Parceled enabling a buyer to creatively structure the transaction if desired. Continue reading

MLS#

PW25003449

Property Type

Triplex

Status

Year Built

2022

Square Feet

5,103 sq. ft

Lot Size

0.15

Sewer