Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1901
Sq.Footage
N/A
Attention investors! 7+% 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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Ductless
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Size(acres)
0.1353
-
Property Type
Residential Income
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$1,600,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
25
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Julie Tung , Partner Real Estate
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