Description
We are pleased to offer the opportunity to acquire this vacant student housing Single Family Residence, located in the highly desirable DPS Patrol Zone, and close proximity to the University of Southern California (USC). This 1-bedroom + 1.5-bathroom house has been completely updated & remodeled - featuring hardwood floors, stainless steel kitchen appliances, granite counter tops, AC mini-splits, double pane windows, tiled showers with glass enclosures, & an in-unit washer & dryer. The 2,850 SF lot is zoned LAR3, and has a spacious empty detached garage, excellent for an investor to convert into a 4-bedroom + 4-bathroom ADU to further increase cash-flow (about $6,000/month), generating an even higher yield/ net income. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity. In addition to its proximity to USC, the property benefits from being within close proximity to a Metro Expo Line station offering a short commute to Downtown Los Angeles and the Westside. The property is also nearby to Exposition Park, home of the world-famous LA Coliseum, the new LAFC 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.
