Los Angeles CA Homes for Rent

The median home value in Los Angeles, CA is $1,030,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $1,030,000. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!


Sort Results:
1–25 of 97 properties displayed
Refine Property Search
Page 1 | 2 | 3 | 4 of 4    Prev | Next
Type:
Cluster
Sq.Ft.:
5,178
Status:
NEW LISTING
Beds:
15
Lot size:
0.16 Acres
Year built:
1906
Baths:
9.00
MLS#:
24463429

ADDITIONAL INFORMATION

Coldwell Banker Realty is pleased to present the opportunity to acquire a 3 unit apartment building in Los Angeles adjacent USC, located within USC Patrol Zone.Built in 1906 and expanded 2010,the subject property offers a unit mix of 1 four-bedroom four-bathroom,1 five-bedroom three-bathroom, and1 six-bedroom two-bathroom.Gas and electricity (Solar Panel) are separately metered while water is mastered.Most of the interior units were upgraded in 2021, designed with co-living in mind.The building features stucco and wood- frame construction and provides seven parking spots for on-site tenants.This is an exceptional opportunity for student housing investment, where tenant leases typically align with the academic calendar of one of the nation's top private universities.

Type:
Mixed Use
Sq.Ft.:
700
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.09 Acres
Baths:
MLS#:
DW24232915

ADDITIONAL INFORMATION

Located in the coveted Harvard Heights (HPOZ) Historical Preservation Overlay Zone; a neighborhood characterized by the Craftsman houses located on the busy intersection of Venice Blvd and Harvard Blvd giving you exposure to not only the locals but the daily commuters. This property is minutes away from DTLA, Korea-Town and prominent national franchises, it offers an excellent base in a prime area of Los Angeles. This versatile 700 sqft unit features a loft and two bathrooms, ideal for a variety of businesses. This location and space would be perfect for the following types of business's or more: dance/workout studio, hair salons/barber shops, check cashing, real estate/financial services, restaurants/fast food/cafes/bakeries, fast food, retail shops & boutiques.

Type:
Cluster
Sq.Ft.:
2,529
Status:
NEW LISTING
Beds:
5
Lot size:
0.16 Acres
Year built:
1906
Baths:
3.00
MLS#:
24463003

ADDITIONAL INFORMATION

Prime Location Triplex Income Property, Ideal for Owner-Occupant or Investors. This beautifully crafted triplex offers a unique investment opportunity in one of the most sought-after neighborhoods in Los Angeles. Nestled between the vibrant culture of Koreatown, the bustling energy of Downtown LA, and the academic pulse of USC. This property presents a rare combination of prime location, quality craftsmanship, and steady rental income potential. Craftsman-style design, with stunning details including built-in cabinetry, hardwood floors, and large windows that allow natural light to pour in. Unit 3 Upstairs (Vacant): 3BD 1 BA, Spacious and ready for immediate move-in, this unit offers a perfect opportunity for an owner-occupant to enjoy comfortable living while generating rental income from the other two units. Unit 1 & Unit 2 (Occupied):, Both 1BD 1 BA units are currently occupied by responsible tenants who consistently pay rent on time, offering a steady cash flow. These tenants take great care of the property, ensuring low turnover and minimal maintenance. Ideal for Owner-Occupants: With one unit currently vacant, this property is perfect for an owner who wants to live in one unit while enjoying the additional income from the other two. It's an excellent way to offset living expenses, with the potential for long-term financial growth. Huge backyard that can easily accommodate up to six parking spaces, a rare find in this neighborhood. The expansive outdoor space offers endless possibilities for future development. Prime Location: Just minutes from UCS, making it an ideal location for students or faculty. Koreatown is a vibrant cultural hub filled with dining, shopping, and entertainment. A short drive to Downtown LA, offering easy access to the city's business, arts, and entertainment districts. Close to major highways and public transportation, ensuring convenience for tenants and owner-occupants alike. This triplex offers more than just a comfortable living space it's a sound investment opportunity in one of LA's most rapidly appreciating areas. With steady, reliable tenants and the ability to generate additional income from the vacant unit, this property is poised for long-term growth. Don't miss out on this rare opportunity to own a beautifully crafted income property in a prime location with unbeatable potential. Whether you're an investor or looking for a home with income-generating capabilities, this triplex is a must-see!

Type:
Other
Sq.Ft.:
2,529
Status:
NEW LISTING
Beds:
5
Lot size:
0.16 Acres
Year built:
1906
Baths:
3.00
MLS#:
24-463003

ADDITIONAL INFORMATION

Prime Location Triplex Income Property, Ideal for Owner-Occupant or Investors. This beautifully crafted triplex offers a unique investment opportunity in one of the most sought-after neighborhoods in Los Angeles. Nestled between the vibrant culture of Koreatown, the bustling energy of Downtown LA, and the academic pulse of USC. This property presents a rare combination of prime location, quality craftsmanship, and steady rental income potential. Craftsman-style design, with stunning details including built-in cabinetry, hardwood floors, and large windows that allow natural light to pour in. Unit 3 Upstairs (Vacant): 3BD 1 BA, Spacious and ready for immediate move-in, this unit offers a perfect opportunity for an owner-occupant to enjoy comfortable living while generating rental income from the other two units. Unit 1 & Unit 2 (Occupied):, Both 1BD 1 BA units are currently occupied by responsible tenants who consistently pay rent on time, offering a steady cash flow. These tenants take great care of the property, ensuring low turnover and minimal maintenance. Ideal for Owner-Occupants: With one unit currently vacant, this property is perfect for an owner who wants to live in one unit while enjoying the additional income from the other two. It's an excellent way to offset living expenses, with the potential for long-term financial growth. Huge backyard that can easily accommodate up to six parking spaces, a rare find in this neighborhood. The expansive outdoor space offers endless possibilities for future development. Prime Location: Just minutes from UCS, making it an ideal location for students or faculty. Koreatown is a vibrant cultural hub filled with dining, shopping, and entertainment. A short drive to Downtown LA, offering easy access to the city's business, arts, and entertainment districts. Close to major highways and public transportation, ensuring convenience for tenants and owner-occupants alike. This triplex offers more than just a comfortable living space it's a sound investment opportunity in one of LA's most rapidly appreciating areas. With steady, reliable tenants and the ability to generate additional income from the vacant unit, this property is poised for long-term growth. Don't miss out on this rare opportunity to own a beautifully crafted income property in a prime location with unbeatable potential. Whether you're an investor or looking for a home with income-generating capabilities, this triplex is a must-see!

Type:
General Commercial
Sq.Ft.:
6,564
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1919
Baths:
MLS#:
24461531

ADDITIONAL INFORMATION

1459 & 1479 Washington Blvd; NEC W Washington Blvd and Orchard Ave. Multi-family, commercial, or mixed-use development opportunity. Close proximity to downtown Los Angeles and USC. Tenants short-term lease status. Direct access to the Santa Monica (10) Freeway (Vermont Ave).

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
1923
Baths:
MLS#:
CRBB24228350

ADDITIONAL INFORMATION

Exceptional Investment Opportunity in the Heart of USC! This gated property features three beautifully remodeled units, each offering two spacious bedrooms, one baths, in-unit laundry hookups, AC/Heat mini splits, a modern kitchen, new windows, flooring, and fresh paint throughout. With bright, open layouts and plenty of natural light, each unit feels inviting and well-designed. The property also provides three on-site parking spaces for added convenience. Whether you choose to occupy one unit or rent all three, this property presents an outstanding investment opportunity. The property is steps from Expo light rail line, 4 minutes from USC, Exposition Park, home of the world-famous LA Coliseum, California Science Center, BMO Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics. Ten minutes to DTLA and Crypto Center as well as a 20-minute drive to SoFi Stadium.

Type:
Triplex
Sq.Ft.:
1,872
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1923
Baths:
MLS#:
BB24228350

ADDITIONAL INFORMATION

Exceptional Investment Opportunity in the Heart of USC! This gated property features three beautifully remodeled units, each offering two spacious bedrooms, one baths, in-unit laundry hookups, AC/Heat mini splits, a modern kitchen, new windows, flooring, and fresh paint throughout. With bright, open layouts and plenty of natural light, each unit feels inviting and well-designed. The property also provides three on-site parking spaces for added convenience. Whether you choose to occupy one unit or rent all three, this property presents an outstanding investment opportunity. The property is steps from Expo light rail line, 4 minutes from USC, Exposition Park, home of the world-famous LA Coliseum, California Science Center, BMO Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics. Ten minutes to DTLA and Crypto Center as well as a 20-minute drive to SoFi Stadium.

Type:
Other
Sq.Ft.:
5,000
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1950
Baths:
MLS#:
OC24227502

ADDITIONAL INFORMATION

The property consists of 12 fully equipped kitchen spaces, each designed to accommodate various food preparation needs. Here’s a breakdown of the kitchen occupancy: 5 kitchens are currently rented and operating. 3 kitchens have applications pending approval. It’s worth noting that the final permit for the property was granted only three weeks ago, and we already have five kitchens rented and operating. This quick occupancy rate reflects strong demand and the property’s immediate income-generating potential. Each kitchen space measures either 11 ft x 18 ft (3 of the kitchens) or 12 ft x 20 ft (the remaining 9 kitchens). Every kitchen is equipped with the following: Walk-in cooler 12-foot hood 3-compartment sink Prep sink and hand sink Stub-outs for up to 5 pieces of equipment under the hood Ansul fire suppression system The property offers flexible development options as well. The parking lot is zoned enterprise, so parking is not a requirement. Currently, there are 7 parking stalls available, and these could be removed if you choose to expand the building. Only 1 ADA-compliant parking stall is needed, allowing maximum flexibility with the lot.

Type:
Cluster
Sq.Ft.:
17,099
Status:
Active
Beds:
28
Lot size:
0.49 Acres
Year built:
1931
Baths:
28.00
MLS#:
24458303

ADDITIONAL INFORMATION

Best property in the student housing area surrounding the USC campus! Discover the crown jewel of the North University District with this stunning updated historic property, perfectly tailored for USC students seeking a blend of luxury and tradition. This unique residence boasts a beautiful Spanish-hacienda design, preserving its ornate architectural details while offering modern amenities that ensure comfort and convenience. The property currently features 20 units, comprising a mix of eight two-bedroom apartments and 12 one-bedroom apartments, providing ample options for students. There are preliminary plans to add six additional units by right and potentially up to eight Additional Dwelling Units, expanding the total rentable area by about 5,500 sq. ft. This enhancement could increase rental income by approximately $270,000 annually. There is an opportunity to increase the number of bedrooms inside the existing building. Each unit has ample space to add an additional bedroom. Don't miss your chance to own this remarkable piece of real estate that seamlessly blends historic charm with modern luxury.

Type:
Cluster
Sq.Ft.:
21,770
Status:
Active
Beds:
34
Lot size:
0.2 Acres
Year built:
1910
Baths:
32.00
MLS#:
24457811

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well-maintained property features 31 units, comprising 18 one-bedroom apartments, 12 studio units, and a spacious four-bedroom, two-bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024-2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.

Type:
Single Family
Sq.Ft.:
1,072
Status:
Active
Beds:
2
Lot size:
0.06 Acres
Year built:
1906
Baths:
1.00
MLS#:
24456179

ADDITIONAL INFORMATION

Spectacular location move-in ready home located within walking distance of the University of Southern California (USC) & USC Village. This charming home has 2 bedrooms + 1 bath which was updated with fresh paint throughout, featuring hardwood floors, all kitchen appliances included, washer/dryer, and tiled shower with glass enclosure. This home comes with RTI plans for an ADU with a separate address and separate entries. Plans are ready to use for the addition of a second unit of a 533 square feet with 2 bedrooms and 1 bathroom. The RTI plans also include the addition of a bathroom to the main house. Plans are approved and stamped. Ideal for faculty, staff, or anyone seeking access to campus amenities. Ideal for USC student rental housing. Currently rented to students for $3,200 a month and delivered vacant at close of escrow. Take advantage of the plans and increase income by another $3,00 a month. Located within the Adams-Normandie HPOZ where the neighbors' pride of ownership shows there is a community within. Minutes to DTLA, L.A. Live, LA Coliseum, USC Village, BMO Stadium, Trader Joes, Expo Park, Natural History Museum, the soon to open Lucas Museum of Narrative Art and the 10/110 freeway.

Type:
Cluster
Sq.Ft.:
4,680
Status:
Active
Beds:
16
Lot size:
0.15 Acres
Year built:
1913
Baths:
11.00
MLS#:
24456327

ADDITIONAL INFORMATION

USC Student housing investment opportunity! 6.6% CAP rate and 10.6 GRM! All current tenants are students at USC! Property is located within short walking distance to the University of Southern California. The property is located within the USC Department of Public Safety Patrol Zone and the USC Lyft Ride Safe program. The property has a total of 16 Bedrooms and 11 Bathrooms in 4 separate units. One - 5 Bed+4 Bath unit, two - 4 bed+3 bath units, and one - 3 Bed+1 Bath unit. The building is 4,680 Sq. Ft. and sits on a 6,708 Sq. Ft. lot zoned LAR2. There are 6 on-site parking spaces. Potential to add ADU on the lot. *Buyer to verify all information* Please do not disturb tenants, drive by only.

Type:
Single Family
Sq.Ft.:
1,824
Status:
Active
Beds:
4
Lot size:
0.12 Acres
Year built:
1908
Baths:
2.00
MLS#:
DW24219684

ADDITIONAL INFORMATION

This off-market property offers a fantastic opportunity for investors, developers, or families looking to own real estate in a prime Los Angeles location. Just a short walk from USC, the property is perfectly situated in a high-demand area known for its strong rental market and potential for long-term value growth. With a large lot size, it provides plenty of space for development or expansion, making it ideal for building student housing, multi-family units, or even a custom home. The neighborhood is full of energy, with close access to Downtown LA, Exposition Park, the LA Memorial Coliseum, and major freeways. This makes it convenient for both residents and commuters. With continued growth and investment in the area, this property is poised for significant appreciation. If you're looking for a prime investment opportunity in one of LA's fastest-growing neighborhoods, this is your chance to secure it before it hits the wider market!

Type:
Cluster
Sq.Ft.:
2,845
Status:
Active
Beds:
10
Lot size:
0.14 Acres
Year built:
1887
Baths:
9.00
MLS#:
24455907

ADDITIONAL INFORMATION

Don't miss this incredible opportunity to own a high-income property near the University of Southern California. With a cap rate of over 6%, this property is perfect for investors looking for strong rental income or an ideal owner-occupied option. All units are currently vacant, giving you full control over tenants and the opportunity to set rental rates to current market value. The property is just steps away from USC's campus, a variety of restaurants, shops, and vibrant Downtown LA, ensuring high demand from students, faculty, and professionals alike. One of the units is newly constructed, offering modern amenities and a fresh design, making it even more attractive for tenants. The property is located on DPS Patrol Zone.

Type:
Other
Sq.Ft.:
7,227
Status:
Active
Beds:
13
Lot size:
0.26 Acres
Year built:
1924
Baths:
13.00
MLS#:
24-463391

ADDITIONAL INFORMATION

We are pleased to present a mixed-use investment opportunity located at 3415 Normandie Ave in the Exposition Park neighborhood of Los Angeles, located on the corner of Normandie Ave & W 35th St and a half mile from the University of Southern California. The property features four structures on two parcels totaling 15 apartment units and three retail spaces; the unit mix consists of seven singles, four one-bedrooms, four two bedrooms, and three retail spaces; six units will be delivered vacant at the close of escrow, allowing an investor to renovate and achieve market rents immediately. True value add opportunity with a projected 6.98% CAP rate at the asking price once current vacancies are rented; additional 25% rental upside achievable as additional units turn. Separately metered for gas & electric; there is a community laundry room on-site for additional income. Located in a dense, infill location of Los Angeles with an easy commute to USC, Downtown and Mid-City; walking distance to multiple Metro local lines on W Jefferson Blvd & Normandie Ave and less than a mile from the Metro Expo Rail Station.

Type:
Cluster
Sq.Ft.:
7,227
Status:
Active
Beds:
13
Lot size:
0.26 Acres
Year built:
1924
Baths:
13.00
MLS#:
24463391

ADDITIONAL INFORMATION

We are pleased to present a mixed-use investment opportunity located at 3415 Normandie Ave in the Exposition Park neighborhood of Los Angeles, located on the corner of Normandie Ave & W 35th St and a half mile from the University of Southern California. The property features four structures on two parcels totaling 15 apartment units and three retail spaces; the unit mix consists of seven singles, four one-bedrooms, four two bedrooms, and three retail spaces; six units will be delivered vacant at the close of escrow, allowing an investor to renovate and achieve market rents immediately. True value add opportunity with a projected 6.98% CAP rate at the asking price once current vacancies are rented; additional 25% rental upside achievable as additional units turn. Separately metered for gas & electric; there is a community laundry room on-site for additional income. Located in a dense, infill location of Los Angeles with an easy commute to USC, Downtown and Mid-City; walking distance to multiple Metro local lines on W Jefferson Blvd & Normandie Ave and less than a mile from the Metro Expo Rail Station.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.26 Acres
Year built:
1924
Baths:
MLS#:
CL24463391

ADDITIONAL INFORMATION

We are pleased to present a mixed-use investment opportunity located at 3415 Normandie Ave in the Exposition Park neighborhood of Los Angeles, located on the corner of Normandie Ave & W 35th St and a half mile from the University of Southern California. The property features four structures on two parcels totaling 15 apartment units and three retail spaces; the unit mix consists of seven singles, four one-bedrooms, four two bedrooms, and three retail spaces; six units will be delivered vacant at the close of escrow, allowing an investor to renovate and achieve market rents immediately. True value add opportunity with a projected 6.98% CAP rate at the asking price once current vacancies are rented; additional 25% rental upside achievable as additional units turn. Separately metered for gas & electric; there is a community laundry room on-site for additional income. Located in a dense, infill location of Los Angeles with an easy commute to USC, Downtown and Mid-City; walking distance to multiple Metro local lines on W Jefferson Blvd & Normandie Ave and less than a mile from the Metro Expo Rail Station.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.6 Acres
Baths:
MLS#:
TR24217047

ADDITIONAL INFORMATION

The business stands at the forefront of distributors, delivering an extensive selection of top-tier trims and accessories, threads, beauty and nail art materials, and office supplies. Since 1984, the business gained national and international recognition of excellence, and we are renowned within the Apparel, Arts & Crafts, and Beauty Industries. Our unrivaled product range makes us the go-to one-stop shop for clients who demand the best. As we continue to expand, the business has been enhancing inventory with innovative, high-quality products that set industry standards. Our unwavering commitment to excellence means being our client's trusted partner today, anticipating tomorrow’s needs, and building powerful, lasting relationships through superior service.

Type:
Cluster
Sq.Ft.:
3,018
Status:
Active
Beds:
8
Lot size:
0.14 Acres
Year built:
1901
Baths:
4.00
MLS#:
24454451

ADDITIONAL INFORMATION

A duplex near USC, Downtown, and Koreatown. Great for rental income property. A garage for possible ADU. There is enough parking space on the back and street. As-is status. It will be delivered vacant.

Type:
Triplex
Sq.Ft.:
4,858
Status:
Active
Beds:
8
Lot size:
0.19 Acres
Year built:
1907
Baths:
5.00
MLS#:
DW24217140

ADDITIONAL INFORMATION

This is a one of a kind property, Amazing Craftsman Home with multi units. This property has been placed in the national register of historic places by the United States Department of interior, circa 1906! They don’t make them like this anymore. This Home has so much charm, can you see yourself having your morning coffee on that beautiful porch every day ? The main house is a Single Family Residence that consists of 4/2 with a basement and attic. The back unit has two units that are 2/1 each and a Single with a bathroom, each building has a laundry room and storage. Long driveway and plenty of parking. This home is located on one of the most beautiful streets in the West Adams area of Los Angeles. Close to USC, DTLA, BMO Stadium, Museums, Shops, Restaurants, Freeways, schools, etc. Hurry, a once in a lifetime opportunity like this home does not come up often.

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.14 Acres
Year built:
1909
Baths:
9.00
MLS#:
24454613

ADDITIONAL INFORMATION

This vacant triplex presents an excellent income opportunity. Ideally located near USC and Downtown Los Angeles, it's close to shops, restaurants, and easy freeway access, making it a desirable choice for renters. The property consists of two parts: the main house features two separate units, with the first unit accessible from the front entrance and the second unit from the back entrance, providing privacy for tenants. The third unit on the back is a brand-new construction, offering modern living spaces perfect for today's rental market. With its prime location and thoughtful design, a great find for investors looking for immediate cash flow and long-term value growth. Property located in the DPS Patrol Zone. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Type:
General Commercial
Sq.Ft.:
5,615
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1907
Baths:
MLS#:
24454107

ADDITIONAL INFORMATION

Welcome to 716-718 West 30th Street, a newly remodeled, six-unit apartment building 2 blocks north of campus, ideally situated just steps from USC in the heart of Los Angeles. Historically 100% rented, including throughout COVID. This prime student housing property spans 5,615 sq. ft. of rentable space, divided between four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit has been thoughtfully designed for modern living, offering both comfort and convenience. Its proximity to USC ensures easy access for students while also presenting an attractive investment opportunity. Each apartment features high ceilings, private single rooms, most comfortably accommodating queen or full-size beds and desks, along with walk-in closets for ample storage. Every unit is equipped with individual heating and A/C systems for year-round comfort. The spacious bathrooms provide ample storage for essentials, while the large kitchens boast new appliances, generous counter space, large pantries and a central island perfect for meal prep or social gatherings. Expansive living rooms offer space for large sofas, entertainment setups, and more, ensuring a welcoming and comfortable environment. Remodeled with a modern aesthetic, these units feature designer cabinetry, quartz countertops, and durable vinyl plank flooring. Privacy is a top priority, with two entrances per apartment and no shared hallways. Enhanced security measures, including surveillance cameras throughout the property, provide peace of mind, and the building is located within USC's Department of Public Safety zone (DPS) with additional security services by CSC, offering added protection. Outside, residents can enjoy a private courtyard patio complete with a gas barbecue ideal for socializing. The location is further enriched by proximity to University Village, The Row, and USC's free Lyft service. With a strong sense of community among tenants and a host of thoughtful amenities, this property is both a premier housing option for students and also a prime investment in USC's robust rental market. Investors can expect solid returns from this highly sought-after property. Perfect for investors seeking a property with a combination of current, stable cash flow, long-term growth, as well as value add potential. This is a rare find in a highly desirable neighborhood. Don't miss out on this incredible opportunity!

Type:
Cluster
Sq.Ft.:
4,100
Status:
Active
Beds:
12
Lot size:
0.16 Acres
Year built:
1913
Baths:
8.00
MLS#:
24452686

ADDITIONAL INFORMATION

We are pleased to offer the opportunity to acquire two (2) single-family residences, consisting of 12 bedrooms which can fit up to 19 beds. It is located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC).The two restored Craftsman homes were completely updated & remodeled in 2015 - featuring polished hardwood floors, stainless steel kitchen appliances, granite counter tops, and in-unit washer & dryers. Both properties have updated copper plumbing, electrical systems, roofs, and central HVAC.The structures were built in 1913, constructed of wood frame and stucco on a raised foundation, with a total square footage of 4,100 SF, on a 6,905 SF lot, zoned LARD1.5. The buildings have been reinforced and upgraded in compliancewith the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of one (1) 8-bedroom + 6-bathroom SFR, and one (1) 4-bedroom + 2-bathroom SFR. The bedrooms are spacious and furnished with beds, armoires, desks, mini-fridges, and individual thermostat controls. Combined with parental guarantees on some leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students and young working professionals, and fully leased for the 2024 - 2025 year, with a gross income of $13,600/month. There's approximately 20% potential upside in rents, which an investor can achieve closer to about $17,400/month. The expansive lot size allows an investor to add even more value to the property by constructing a 3-bedroom + 3-bathroom ADU to further increase cash-flow (buyer to verify). Currently priced at a 6.75% Cap Rate excellent cash-flow investment opportunity.

Type:
Single Family
Sq.Ft.:
2,060
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1903
Baths:
4.00
MLS#:
24452529

ADDITIONAL INFORMATION

Discover this beautifully restored Victorian gem, seamlessly blending original character with modern designer updates for today's lifestyle. This fully renovated 5 bedroom + 3.5 bathroom is ready to move in for any home buyers looking to move into the fast-growing area as well as having the dual potential to achieve incredible rents as a USC Student Housing Investment Opportunity. Located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC), the home has been lovingly restored over the years, including the foundation, roof, new electrical, new HVAC systems, plumbing, stainless steel kitchen appliances, on-site washer & dryer, brand new bathroom renovations including tiled showers with glass enclosures, and much more. The kitchen is a chef's dream, featuring Carrera marble countertops, a prep island, stainless steel appliances, and a custom built-in pantry. Step through the back door to a lovely wood deck overlooking a thoughtfully landscaped yard with large planters, trees, and garden areas. The bedrooms in the property are spacious, ensuring comfort and a welcoming atmosphere for any future resident. The home will be delivered vacant, giving any buyer the opportunity to generate rental income instantly. In addition, there's an excellent value-add opportunity to construct and ADU, and further increase cash flow for an owner-user or investor (Buyer to Verify). This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.

Type:
Single Family
Sq.Ft.:
2,060
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1903
Baths:
4.00
MLS#:
24-452529

ADDITIONAL INFORMATION

Discover this beautifully restored Victorian gem, seamlessly blending original character with modern designer updates for today's lifestyle. This fully renovated 5 bedroom + 3.5 bathroom is ready to move in for any home buyers looking to move into the fast-growing area as well as having the dual potential to achieve incredible rents as a USC Student Housing Investment Opportunity. Located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC), the home has been lovingly restored over the years, including the foundation, roof, new electrical, new HVAC systems, plumbing, stainless steel kitchen appliances, on-site washer & dryer, brand new bathroom renovations including tiled showers with glass enclosures, and much more. The kitchen is a chef's dream, featuring Carrera marble countertops, a prep island, stainless steel appliances, and a custom built-in pantry. Step through the back door to a lovely wood deck overlooking a thoughtfully landscaped yard with large planters, trees, and garden areas. The bedrooms in the property are spacious, ensuring comfort and a welcoming atmosphere for any future resident. The home will be delivered vacant, giving any buyer the opportunity to generate rental income instantly. In addition, there's an excellent value-add opportunity to construct and ADU, and further increase cash flow for an owner-user or investor (Buyer to Verify). This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.

Refine Property Search
Page 1 | 2 | 3 | 4 of 4    Prev | Next
1–25 of 97 properties displayed
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. 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.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated today.

How may I help you?

Get property information, schedule a showing or find an agent





Send Request

We respect your privacy