Description
We are pleased to offer for sale this brand new 2015 construction, Non-rent control eleven (11) bedroom + eleven (11) bathroom student housing investment opportunity, located within the DPS Patrol Zone, and walking distance to the USC campus & University Village.This investment features brand new hardwood floors, new copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The property is approximately 4,100 rentable square feet on a 5,741 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of two (2) 3-bedroom + 3-bathroom units, and one (1) 5-bedroom + 5-bathroom unit. The property is currently being rented out as an Airbnb until August 2022, collecting gross rents of $11,000/month. As a student housing investment, this asset can easily collect approximately $1,250/room, generating a total $13,750/month. The subject property offers residents a highly desirable location - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.
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11BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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4,100SQFT
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$584$/SQFT
School Ratings & Info
Description
We are pleased to offer for sale this brand new 2015 construction, Non-rent control eleven (11) bedroom + eleven (11) bathroom student housing investment opportunity, located within the DPS Patrol Zone, and walking distance to the USC campus & University Village.This investment features brand new hardwood floors, new copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The property is approximately 4,100 rentable square feet on a 5,741 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of two (2) 3-bedroom + 3-bathroom units, and one (1) 5-bedroom + 5-bathroom unit. The property is currently being rented out as an Airbnb until August 2022, collecting gross rents of $11,000/month. As a student housing investment, this asset can easily collect approximately $1,250/room, generating a total $13,750/month. The subject property offers residents a highly desirable location - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T23:43:08.557. 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.