REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,100,000
Est. payment | /mo
14 Beds
6,743 Sqft Lot
$ 2,100,000
Est. payment | /mo
14 Beds
6,743 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26159013
Bedrooms 14
Lot Size 6,743 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel als
Location
State CA
County Los Angeles
Zoning Seller
Direction Please submit all offers to van.hamilton@viet-connect.com. Call or text: 323-788-6128. Information provided is deemed reliable b
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5118009021
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Van Hamilton, DRE#02160347 Jennings Realty
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION