Los Angeles CA Homes for Rent

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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.

Type:
Cluster
Sq.Ft.:
6,500
Status:
Active
Beds:
19
Lot size:
0.13 Acres
Year built:
1919
Baths:
16.00
MLS#:
24451439

ADDITIONAL INFORMATION

We are pleased to present an exceptional investment opportunity: a newly constructed, fully furnished four-unit student housing property with a remarkable 6.69% cap rate. This property features a total of nineteen bedrooms and sixteen bathrooms, situated in the sought-after DPS Patrol Zone and just a short walk from the University of Southern California (USC). Spanning approximately 6,500 rentable square feet across two distinct structures, the front structure was completely rebuilt in 2023, and features brand new flooring, plumbing, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. Additionally, the front duplex's scope of work included a complete to-the-studs reconstruction, with brand new framing, foundation and roofing, essentially delivering a brand-new low maintenance structure to any prospective buyer. The back duplex was recently constructed and completed in 2023 and features the same high-end finishes as the front unit. The investment is 100% occupied with USC students and fully leased for the 2024-2025 academic school year. Combined with parental guarantees on 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. Tenants pay for all utilities of the property including Water/Gas/Electric/Trash. (Monthly management fee of $2,007.25 is not included in the cap rate as potential buyers can self-manage at the expiration of leases.)

Open House:

Sunday, 11/17 1:00-3:00PM

Type:
Duplex
Sq.Ft.:
2,240
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1994
Baths:
MLS#:
GD24222890

ADDITIONAL INFORMATION

Delivered Vacant! Introducing an exceptional investment opportunity at 1332 and 1334 20th Street in the heart of Los Angeles, within walking distance to USC Village and USC. This prime property features two adjacent, spacious units, each offering an impressive 1,120SqFt of beautifully designed living space with 3 generously sized bedrooms and 2 modern bathrooms, perfect for families or discerning renters. Flooded with natural light, these contemporary units boast stylish finishes and inviting layouts that create a warm, welcoming atmosphere. With ample outdoor areas ideal for entertaining or enjoying California’s glorious weather, this property provides immediate occupancy or lucrative rental potential. Moreover, the exciting prospect of building an Accessory Dwelling Unit (ADU) enhances its value, making it an attractive option for savvy investors and developers. Situated close to trendy shops, renowned dining, and cultural attractions, this property offers unparalleled access to the vibrant Los Angeles lifestyle, ensuring strong rental demand. Don’t miss this unique chance to capitalize on an outstanding opportunity—schedule your private tour today and envision the incredible possibilities at 1332 and 1334 20th Street!

Type:
Single Family
Sq.Ft.:
876
Status:
Active
Beds:
2
Lot size:
0.12 Acres
Year built:
1908
Baths:
1.00
MLS#:
240023951SD

ADDITIONAL INFORMATION

Investors opportunity, great property, zoned to build 3 units. Minutes to the University of Southern California "USC" Close to 10 Fwy. In the heart of Los Angeles. Value in the Land. Easy access to downtown LA.

Type:
Single Family
Sq.Ft.:
2,204
Status:
Active
Beds:
7
Lot size:
0.14 Acres
Year built:
1895
Baths:
6.00
MLS#:
P1-19627

ADDITIONAL INFORMATION

Attention Developers!!!We are proud to present for sale a Development Opportunity for 70+- units by ED-1 (100% vested) and for 8 units + 2 ADU's (total of 48 beds 48 baths) by TOC located about 2 minutes from the USC campus.. The latter option can be utilized for student housing. Currently, the remodeled SFR ( 7 bed 5 bath) on site is being operated as a short term rental (ArBnB) which purchasers can continue to operate while waiting for RTI. (Purchaser would assume entitlements)Seller has submitted plans for both options-ED-1 100% Affordable Housing and TOC. A Demolition permit has been issue. The ED-1 plan consist of 56 Studios units and 17 one bedroom units. Additionally, The existing SFR can be utilized for student housing with the option of building an ADU in the rear to maximize the number of bedrooms and bathrooms. This R3 (Tier3) corner lot location is walking distance to USC village and has a great walk score, a biker's utopia, located close to public transportation, and is located within the USC Patrol Zone.

Type:
Industrial
Sq.Ft.:
28,667
Status:
Active
Beds:
n/a
Lot size:
0.93 Acres
Year built:
1962
Baths:
MLS#:
RS24204348

ADDITIONAL INFORMATION

EXCELLENT MANUFACTURING & WAREHOUSING / CANNABIS PLANT SUPER DOWNTOWN LOCATION / ACROSS FROM PREVIOUS FOREVER 21 FACILITY CLEAR SPAN / VERY SECURE / FENCED PARKING / TRUCK HI LOADING / HEAVY POWER (1,200 AMP) / 16'-30' CEILING HEIGHT CLOSE TO THE WHOLESALE MARKET / GOOD TRANSPORTATION / EASY TO ACCESS TO THE FWY 5 & 10

Type:
Cluster
Sq.Ft.:
5,300
Status:
Active
Beds:
18
Lot size:
0.16 Acres
Year built:
1898
Baths:
9.00
MLS#:
24446565

ADDITIONAL INFORMATION

USC STUDENT HOUSING IN HISTORIC UNIVERSITY PARK DISTRICT! This triplex is comprised of a 6 bedroom 3 bathroom front house (6+3) (currently vacant) and two apartment units comprised of 6 bedrooms and 3 bathrooms (6+3) on the 1st floor, and another 6 bedrooms 3 bathroom (6+3) on the second floor. The property features walk in closets, laundry room, and landscaped yard. The building square footage is 5,126 +/- and sits on a 6,770 Sf +/- lot. The property is zoned LARD2. The main house was built in 1898, and the back two apartments were added in 2001 and not subject to LARSO. There are many restaurants, shops, public transportation options, and the USC Village is conveniently located in walking distance to the property. This is a great opportunity to invest in one of USC's prime student housing areas!!!

Type:
General Commercial
Sq.Ft.:
5,056
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1959
Baths:
MLS#:
24446839

ADDITIONAL INFORMATION

Commercial Multi-unit Bldg. for Sale approximately 5,056 Rentable SF situated on +/- 7,977 SF lot, just south of Downtown LA in M1 zoning, ideal for Owner-User or Investment Opportunity with option to lease up to two (2) industrial/warehouse spaces in strategic central location for investors plus conveniently near the I-110 and I-10 freeway, and in close proximity to well-known USC and Convention Center area. Property consists of two spaces (233-237 unit) with own entrances, individual electric meters and loading access: 233 unit is +/- 2,000 SF and vacant; 237 unit is +/- 3,056 SF and tenant-occupied on a month-to-month lease. Other features include up to eight (8) parking spaces on fenced secured front paved yard, open warehouse floor plans with clear-height of 14', ample power, roll-up door, and convenient street access.

Type:
Triplex
Sq.Ft.:
1,664
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1895
Baths:
MLS#:
DW24201413

ADDITIONAL INFORMATION

USC AREA TRIPLEX!!!! 3 Bedroom 1.5 Baths House (Can be vacant at close of escrow) & Duplex with 2 Studio units above 3 garages that can be 2 ADU's, 10-minute walk to USC campus, Property has been the pride of ownership for 27 years, Property is in great condition. It has a great location close to everything. ALL 3 UNITS CAN BE VACANT AT CLOSE OF ESCROW!!!!!

Type:
Cluster
Sq.Ft.:
8,718
Status:
Active
Beds:
20
Lot size:
0.2 Acres
Year built:
1909
Baths:
11.00
MLS#:
24445495

ADDITIONAL INFORMATION

2101 Bonsallo Avenue is a 6-unit multifamily asset located near the University of Southern California. The property is located within the USC patrol zone which provides access to a strong student rental market. The building has a mix of 4 four-bedroom units, and 2 two-bedroom units spread across 8,718 rentable square feet. Four of the six units have been completely remodeled with brand new electrical, plumbing and mechanical systems. These units are also completely sub-metered for gas, electrical, and water (RUBS - billed to tenants) resulting in an extremely low utility expense which is rare in the Los Angele market. The four renovated units are fully leased by students for the 2024-2025 academic school year through the summer of 2025.

Type:
Cluster
Sq.Ft.:
1,849
Status:
Active
Beds:
4
Lot size:
0.16 Acres
Year built:
1953
Baths:
2.00
MLS#:
24445503

ADDITIONAL INFORMATION

RTI RTI RTI development opportunity . it is development property with RTI / All permit. this can be perfect for student housing. it is DPS patrol Zone and near USC. permit is in document. This property will be vacant so do not interrupt tenant.

Type:
Single Family
Sq.Ft.:
2,544
Status:
Active
Beds:
6
Lot size:
0.15 Acres
Year built:
1913
Baths:
2.00
MLS#:
SR24197427

ADDITIONAL INFORMATION

Attention investors or families looking for a Real Estate opportunity! 2921 Kenwood Ave is ready to be purchased. This single family home is located minutes from USC (property is in the DPS Patrol Zone). Great for a big family or investor looking for a rental. Property can possibly be converted into a Student Housing Development area (buyer to verify). This is a probate sale that will not require court confirmation. Property can be sold together with 2917/2919 Kenwood Ave, Los Angeles, CA 90007.

Type:
Duplex
Sq.Ft.:
2,366
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1922
Baths:
MLS#:
SR24197393

ADDITIONAL INFORMATION

Attention investors or families looking for a Real Estate opportunity! 2917 and 2919 Kenwood Ave are ready to be purchased. This duplex is located minutes from USC (property is in the DPS Patrol Zone). Great for a big family or investor looking for a duplex rental. The lot can possibly be converted into a Student Housing Development area (buyer to verify). The duplex can be sold together with 2921 Kenwood Ave, Los Angeles, CA 90007.

Type:
Cluster
Sq.Ft.:
4,400
Status:
Active
Beds:
14
Lot size:
0.19 Acres
Year built:
1905
Baths:
9.00
MLS#:
24443361

ADDITIONAL INFORMATION

We are pleased to offer the opportunity to acquire this 14-bedroom investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property and all fourteen (14) bedrooms were completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout. The two-story structures, consisting of two separate single-family residences, were constructed of wood frame and stucco on a raised foundation. The front house was built in 1905 and the rear house was recently constructed in 2021, with a total square footage of 4,400 SF (not including a large attic loft of about 550 SF), on an 8,100 SF lot, zoned LARD1.5. The buildings have been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable mix, consisting of one (1) vacant 9-bedroom + 5-bathroom SFR (approximately 3,200 SF), and one (1) 5-bedroom + 4-bathroom SFR (approximately 1,200 SF). The front house comes with approved plans + permits, which would allow investors to legally renovate/ add additional bedrooms + bathrooms to add even more value to the property. Combined with parental guarantees on 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 rear 5-bedroom + 4-bathroom SFR is 100% occupied, and fully leased for the 2024-2025 year. The investment is priced at an 8.5% cap rate - excellent cashflow opportunity.

Type:
Apartment
Sq.Ft.:
4,584
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1958
Baths:
MLS#:
CV24195870

ADDITIONAL INFORMATION

NEW PRICE! 5.97% Current CAP Rate! 12.5 GRM! This prime multi-family investment property, fully occupied by USC students, offers a stable investment opportunity located in the USC patrol zone. The property features 19 beds across 15 bedrooms, consisting of (1) 3-bedroom/2-bath detached single-family residence with a private patio and four (4) 3-bedroom/2-bath units. Two of the units will be delivered vacant at the close of escrow. The current cap rate is 5.94% with a valuation of $111,842 per bedroom, highlighting the strong cash flow generated from the property. Tenant amenities include a gated entry for added privacy, on-site parking with a total of 8 off-street spaces, and a communal laundry room. This property is ideally suited for investors looking to capitalize on the constant demand from USC students, offering a turn-key solution in a highly sought-after area, with significant rental income and growth potential.

Type:
Single Family
Sq.Ft.:
3,184
Status:
Active
Beds:
4
Lot size:
0.19 Acres
Year built:
1902
Baths:
3.00
MLS#:
24440153

ADDITIONAL INFORMATION

This 2-story Craftsman welcomes you home just in time for the holidays. Come and fall in love with historic architecture, dating back to 1902. From the front porch to the back porch, you are overwhelmed by beauty and possibilities. With garden beds in bloom, a gorgeous front door with the most brilliant leaded glass sidelights, period molding, hardwood floors throughout and a yard for gatherings or your own hidden retreat from city life. The foyer immediately feels like home, with high ceilings and a quaint nook. The flow of the foyer leads the way to what was once the great room with a decorative fireplace and original wood detail. On the other side is the library with built-ins and an impressive room size. Both rooms showcase the charm and character as well as picturesque windows and a transom window to let in extra light and air. The layout circles through the dining area and to the kitchen. The kitchen is full of natural light leading you to French doors which open to an expansive deck and pergola. There is bonus room to build out your own walk-in pantry. The upstairs is where you will find the sleeping quarters. The primary bedroom has an abundance of space along with its own en-suite. There's even a bedroom with a peek-a-boo view of the city skyline. You will also find the laundry room on this level for convenience. The house is located within the Adams-Normandie HPOZ where the neighbors' pride of ownership shows there is a community within. Minutes reach to DTLA, L.A. Live, LA Coliseum, USC Village, Bacari, Trader Joes, La Barca, La Michoacana, Expo Park, Natural History Museum, the soon to open Lucas Museum of Narrative Art and the 10/110 freeway.

Type:
Single Family-Detached
Sq.Ft.:
3,184
Status:
Active
Beds:
4
Lot size:
0.19 Acres
Year built:
1902
Baths:
3.00
MLS#:
24-440153

ADDITIONAL INFORMATION

This 2-story Craftsman welcomes you home just in time for the holidays. Come and fall in love with historic architecture, dating back to 1902. From the front porch to the back porch, you are overwhelmed by beauty and possibilities. With garden beds in bloom, a gorgeous front door with the most brilliant leaded glass sidelights, period molding, hardwood floors throughout and a yard for gatherings or your own hidden retreat from city life. The foyer immediately feels like home, with high ceilings and a quaint nook. The flow of the foyer leads the way to what was once the great room with a decorative fireplace and original wood detail. On the other side is the library with built-ins and an impressive room size. Both rooms showcase the charm and character as well as picturesque windows and a transom window to let in extra light and air. The layout circles through the dining area and to the kitchen. The kitchen is full of natural light leading you to French doors which open to an expansive deck and pergola. There is bonus room to build out your own walk-in pantry. The upstairs is where you will find the sleeping quarters. The primary bedroom has an abundance of space along with its own en-suite. There's even a bedroom with a peek-a-boo view of the city skyline. You will also find the laundry room on this level for convenience. The house is located within the Adams-Normandie HPOZ where the neighbors' pride of ownership shows there is a community within. Minutes reach to DTLA, L.A. Live, LA Coliseum, USC Village, Bacari, Trader Joes, La Barca, La Michoacana, Expo Park, Natural History Museum, the soon to open Lucas Museum of Narrative Art and the 10/110 freeway.

Type:
Apartment
Sq.Ft.:
4,837
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1960
Baths:
MLS#:
SB24190961

ADDITIONAL INFORMATION

3005 Normandie Avenue is a prime investment opportunity located near the prestigious USC campus. This revamped investment offers a front-row seat to the 2028 Olympics, George Lucas Museum(opening 2025), while being close to the historic Coliseum, and vibrant BMO stadium, making it an unparalleled location for sports and culture enthusiasts alike. This 4,837 sq ft building sits on a 6,601 sq ft R3 lot, offering both space and potential. With six renovated units and a recently updated exterior, the property blends modern appeal with classic charm. The extensive remodeling of the 6 units includes new paint, kitchens, bathrooms, and resurfaced hardwood flooring. The upgrades to the exterior of the building include a newer roof (approximately 6.5 yrs. old), security camera installation, new paint, and drought tolerant landscaping. The subject property is easy to manage as tenants love the easy access of onsite laundry, employment, freeways, and public transit lines. According to the CRMLS, 3005 Normandie Ave boasts a 97 walk score being centrally located to parks and schools including Loren Miller Recreation Center and Vermont Avenue Elementary. In addition, tenants pay for their own gas and electricity. Don’t miss out on owning a valuable piece of Los Angeles real estate.

Type:
Single Family
Sq.Ft.:
3,264
Status:
Active
Beds:
5
Lot size:
0.15 Acres
Year built:
1910
Baths:
3.00
MLS#:
V1-25891

ADDITIONAL INFORMATION

This is your chance to own a piece of history with this classic 1910 Craftsman home, located just a 5-minute drive from USC Village! Offering 5 bedrooms and 3 bathrooms. Much of the original Craftsman detailing is still intact and in good condition, from the iconic woodwork to the built-in cabinetry and vintage charm. The spacious layout and large windows provide plenty of natural light, perfect for transforming this home into your dream space.Whether you're an investor or looking for your next personal project, this property is a rare find in such a prime location. Close to shopping, dining, and entertainment, with easy access to downtown LA.Don't miss out on this unique opportunity to restore a classic home!

Type:
Cluster
Sq.Ft.:
2,854
Status:
Active
Beds:
5
Lot size:
0.17 Acres
Year built:
1940
Baths:
4.00
MLS#:
24438075

ADDITIONAL INFORMATION

We are pleased to present a four (4) unit plus one (1) non-conforming unit apartment building located at 1026 W 24th Street in Los Angeles, California. The subject property is located in an ideal University Park location, north of W Jefferson Boulevard and east of S Hoover Street. University Park is known for its historic culture, rich amenities, and hosting the renowned University of Southern California. The University Park market is a rapidly changing housing market, exhibiting itself as one of the strongest rental residential markets in the city of Los Angeles. The University of Southern California, currently enrolling more than 45,000 undergraduate, graduate, and professional students, is one of the most prestigious universities in the country. Roughly 70% of USC students live off-campus, and with enrollment comprised of more graduate and professional students than undergraduate students, the demand for off campus housing near the school is continually strong. Rent growth in the area is propelled by the short-term nature of a college students tenure. There is no shortage of nearby amenities within walking distance, including popular restaurants such as Bacaro LA, The Fields, and Caveman Kitchen. Today, the University Park neighborhood contains an outstanding array of museums, galleries, theaters, sport venues, gardens, libraries, and churches. With its rich mixture of education, entertainment, art, and culture, the past and the future, the University Park neighborhood offers exciting discoveries for people all ages. Built in 1940, this property consists of a great unit mix of two (1) studio / one-bathroom units, one (1) two-bedroom / one-bathroom unit with an attached non conforming unit / one-bathroom space attached (potential to add as another permitted unit), and two (2) three-bedroom / two-bedroom units. Two (2) units will be delivered vacant. Select units have also been recently renovated and are leased partially furnished. Gas and Electric are separately metered and there have been recents updates to the plumbing, water heaters, paint and landscaping. This charming mid century asset has plenty of on-site parking in the rear with enough space to potentially build additional ADU unit(s). Tenants will love being within close proximity of many trendy restaurants, nightlife, and entertainment options such as The Velaslavasay Panoama, Nature's Brew by Bacari, Hoover Recreation Center, Everytable, Planet Fitness, Shrine Auditorium and Expo Hall, and USC DPS patrol area. Being less than a mile away from the campus of USC, student tenants will have an easy and convenient commute.Positioned in an ideal University Park location that is DPS patrolled, this offering presents an exceptional opportunity for an investor to capitalize on a student housing asset that qualifies for 30-year fixed residential financing with good opportunities to add at least one (1) ADU.

Type:
Mixed Use
Sq.Ft.:
4,688
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1923
Baths:
MLS#:
DW24187184

ADDITIONAL INFORMATION

2643 S. Budlong Ave, is a 8-unit bungalow style multifamily building located in Los Angels close to USC. The property's layout of separate bungalows surrounding a central courtyard area, provides all tenants with outdoor space. There is a total of 8 one-bedroom units within 5 separate buildings. Property is located less than 2 miles from USC. It is surrounded by many stores, restaurants, markets, freeways. This is ideal for an investor or developer. Property is zoned LARD1.5 Contact the listing broker for additional information.

Type:
Other
Sq.Ft.:
5,000
Status:
Active
Beds:
10
Lot size:
0.15 Acres
Year built:
1964
Baths:
6.00
MLS#:
24-446117

ADDITIONAL INFORMATION

One for your real estate portfolio! Great opportunity to own a fabulous 6 unit investment property in historic West Adams in South L.A.. Huge upside potential! Centrally located near USC, USC New Village, DTLA, Koreatown and Mid City. Spacious units - four units are 900 SF with 2 Bed/1Bath and two units are 700 SF with 1 Bed/1Bath. Each unit has its own water heater and are individually metered for electricity and gas. Building has newer roof and updated sewer, electricals, copper plumbing and double pane windows. Community coin operated laundry for added income. Each unit comes with one parking space - gated parking. There is also ample street parking. There is a side garden for tenant use. Some units have been recently updated.

Type:
Cluster
Sq.Ft.:
5,000
Status:
Active
Beds:
10
Lot size:
0.15 Acres
Year built:
1964
Baths:
6.00
MLS#:
24446117

ADDITIONAL INFORMATION

One for your real estate portfolio! Great opportunity to own a fabulous 6 unit investment property in historic West Adams in South L.A.. Huge upside potential! Centrally located near USC, USC New Village, DTLA, Koreatown and Mid City. Spacious units - four units are 900 SF with 2 Bed/1Bath and two units are 700 SF with 1 Bed/1Bath. Each unit has its own water heater and are individually metered for electricity and gas. Building has newer roof and updated sewer, electricals, copper plumbing and double pane windows. Community coin operated laundry for added income. Each unit comes with one parking space - gated parking. There is also ample street parking. There is a side garden for tenant use. Some units have been recently updated.

Type:
Cluster
Sq.Ft.:
1,467
Status:
Active
Beds:
13
Lot size:
0.12 Acres
Year built:
1903
Baths:
12.00
MLS#:
24436853

ADDITIONAL INFORMATION

We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms & four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit & a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5,900/month Finalized constructed units will have a scheduled income of approximately $20,000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops,On-site laundry, and the tenants pay all utility expenses. Combined with parental guarantees on 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 fully leased for the 2024-2025 school year.

Type:
Fourplex
Sq.Ft.:
2,358
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1905
Baths:
MLS#:
DW24183924

ADDITIONAL INFORMATION

Four units and 2 available at the close of escrow!! Two separate stand alone units and one duplex, a total 6 Bedrooms 4 Baths 2,358 sq ft. 4, 928 lot. The site is zoned LARD1.5 and is in a Tier 3 TOC zone. Property is within the highly desirable USC DPS security patrol zone and is in a popular student housing rental neighborhood. Back Unit has been recently renovated with hardwood floors, new open kitchen, new bath with sky light, spa, double showers and with private gated area. Nicely maintained drought tolerant landscaping. Great Opportunity for Investor or Developer near USC. Close to University Park, USC Campus, Exposition Park, Museum of Natural History, DTLA, and the Expo Metro line. Near I-10 & I-110 freeways.

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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

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.



Los Angeles Real Estate

The median home value in Los Angeles, CA is $912,500. 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 $912,500. 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!

Los Angeles, California 90007 has a population of 3,902,440. Los Angeles 90007 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.

The median household income in Los Angeles, California 90007 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90007 is 36.2 years.

Los Angeles Weather

The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.

Los Angeles Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    98
    30-day change

Los Angeles Schools and Demographics

Education near Los Angeles, CA

Metric City County
High School Graduates 78.36 80.04
College Degree - 2 year 6.27 7.04
College Degree - 4 year 36.17 34.04
Graduate Degree 8.06 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Camino Nuevo Elementary 3 KG - 08 764 23.7 90007
Dr. Theo. T. Alexander Jr., Science Center KG - 05 663 27.3 90007
Global Education Academy 2 KG - 05 35 17.5 90007
John W. Mack Elementary KG - 05 445 25.4 90007
Lenicia B. Weemes Elementary KG - 05 705 22 90007
Norwood Street Elementary School KG - 05 608 21.7 90007
Vermont Avenue Elementary School KG - 05 719 21.8 90007

Middle Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Alliance College-Ready Middle Academy 10 06 - 08 0 90007
Global Education Academy Middle 06 - 08 137 19.6 90007
John Adams Middle School 06 - 08 930 20.5 90007
William Jefferson Clinton Middle School 06 - 08 875 26.6 90007

High Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
Animo Jackie Robinson High School 09 - 12 604 23.2 90007
College Bridge Academy 09 - 12 207 23 90007
The Education Corps 09 - 12 411 27.7 90007
West Adams Preparatory High School 09 - 12 1,684 19.7 90007

Ungraded Schools near Los Angeles, CA

School Grades Students P/T Ratio ZIP
* Orthopaedic Hospital 09 - 12 824 24.2 90007
Alliance Gertz-Ressler Richard Merkin 6-12 Complex 06 - 12 983 22.2 90007
Frank Lanterman School 06 - 12 179 10.2 90007
New Designs Charter School 06 - 12 731 26.6 90007
Sophia T. Salvin Special Education Center KG - 06 156 10.8 90007
Thirty-Second Street USC Performing Arts School KG - 12 1,080 25.8 90007

Demographics near Los Angeles, CA 90007

Metric Zip Code City
Neighborhood Type Inner City
Population 3,902,440 10,019,635
Population Density 8,327 2,469
Median Age 36.2 37
People per Household 2.8 2.9
Median Household Income 69,778 76,367
Average Income per Capita 39,378 37,924