We are pleased to present a rare opportunity to acquire a vacant, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom, 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667 square foot lot zoned LARD2, making it ideal for student housing or co-living arrangements.Given its proximity to USC and the USC Village, this property presents significant income potential, with market rents projected at approximately $1,200 per bedroom. The investment is attractively priced at an 8% cap rate, offering strong returns with minimal operating expenses, as tenants are responsible for covering all utilities including water, trash, gas, and electricity.In addition to its premium location near campus, the property is just a short walk from the Metro Expo Line, providing convenient access to both Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major cultural and sports destinations including the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the upcoming George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, this area continues to grow in both prominence and investment appeal.This is a excellent opportunity to own a well-positioned, high-demand rental property in one of Los Angeles' most dynamic and rapidly developing neighborhoods.
Days on market: 0
Listing updated: June 06, 2025 - 08:55:06
Listed by: Davis Saadian DRE #01921748 310-623-1300, Keller Williams Hollywood Hills - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X7252101 Originating MLS: CRMLS
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