A duplex near USC, Downtown, and Koreatown. Great for rental income property. A garage for possible ADU. Enough parking space on the back and street. As-is status.
This unique Triplex consist of 2 story building in front with 4 beds, 1 bath upstairs and 2 bed 1 bath down with a separate unit in back with 2 beds,1bath. totaling 3,144 sq. ft. on a 6,799 sq. ft. lot with LARD1.5 Zoning. EXCELLENT Developer/ investors opportunity seeking the perfect property for new unit construction, condos, or ADU's. Situated in the heart of Los Angeles USC area, close to LACC, Trade Tech, The Coliseum, Downtown L.A., shopping centers, the Science Museum, and an array of dining and entertainment options. Property has elongated driveway with designated parking spaces and an inside laundry area. The property's rear connects to its sister property on 36th Street. The owner is also selling the adjacent property to the south separately. Parcel #5040-006-019, a duplex with 2 units featuring 2 bedrooms and 1 bathroom each. Both properties are being sold "AS IS!" Both PARCELS TOGETHERS TOTAL 13,601 SQ FT LOT SIZE. Please Do not disturb occupants! Seller is motivated! SUBMIT ALL OFFERS
PRIME Developer Investor Opportunity in well sought after USC area!!! This 2 on a lot boasts 3 bedrooms and 1 bathroom, while the rear house features 1 bedroom and 1 bathroom. Currently used as rental income property. Excellent for new development and investors in search of prime Los Angeles property suitable for new multi-unit construction, condos, or ADUs. or leave as is and collect rents. This centrally located property, just minutes from USC, Los Angeles City College, Trade Tech, The Coliseum, Downtown L.A., shopping centers, and entertainment venues, offers 6,802 Sq. Ft. lot zoned as LARD1.5. Situated adjacent to its sister property. (Seller is selling the adjacent property (Triplex) also at 1302 west 35th street directly behind this property. Both properties together have a lot size totaling 13,601 Sq. Ft.)
SFR with high income, fully occupied with USC students with parental guarantees on leases, and collecting gross rents of $11,300/month, cap rate 6.6%. Highly demanding in the desirable USC DPS Safety Patrol Zone, and just blocks to USC (the University of Southern California) and USC Village...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LAR 3, Big back yard, Huge potential on redevelopment and/or expansion to more units and ADU. This property has many unique characters, huge enclosed front porch with security door, very solid structures and building materials, and has been so well maintained which you will see from details ! This is Newly upgraded / renovated - featuring brand new laminated floors, new bath rooms with New Tubs, Vanities, Toilets, Mirrors, Fixture and Fitting and Tiled Bath Surrounded, Updated kitchen with lots of cabinets, pantry and counter tops. The property is approximately 2760 s.f., 6618 s.f. lot, 8 bed 8.5 bath ( title shows 5 bed 2 bath ), most are master bed rooms, living room, kitchen, and on-site laundry. This property has the grand wooden staircase, big frames, and more characters...has charming turn of the century details that you will adore. The 3rd floor leads you to another large space, which can be used
High income return 6.6%. The property is currently fully occupied with USC students with parental guarantees on leases, and collecting gross rents of $11,300/month. Highly demanding in the desirable USC DPS Safety Patrol Zone, and just blocks to USC (the University of Southern California) and USC Village...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LAR 3, Big back yard, Huge potential on redevelopment and/or expansion to more units and ADU. This property has many unique characters, huge enclosed front porch with security door, very solid structures and building materials, and has been so well maintained which you will see from details ! This is Newly upgraded / renovated - featuring brand new laminated floors, Newly painted fully interior & exterior, new bath rooms with New Tubs, Vanities, Toilets, Mirrors, Fixture and Fitting and Tiled Bath Surrounded, Updated kitchen with lots of cabinets, pantry and counter tops... The property is approximately 2760 s.f., 6618 s.f. lot, 8 bed, 8.5 bath, title shows 5 bed 2 bath, most are master bed rooms, living room, and on-site laundry room...This property has the grand wooden staircase, big frames, and more characters...has charming turn of the century details that you will adore. The 3rd floor
High income return 6.6%. The property is currently fully occupied with USC students with parental guarantees on leases, and collecting gross rents of $11,300/month. Highly demanding in the desirable USC DPS Safety Patrol zone, and just blocks to USC (the University of Southern California) and USC Village...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LAR 3, Big back yard, Huge potential on redevelopment and/or expansion to more units and ADU. This property has many unique characters, huge enclosed front porch with security door, very solid structures and building materials, and has been so well maintained which you will see from details ! This is Newly upgraded / renovated - featuring brand new laminated floors, Newly painted fully interior & exterior, new bath rooms with New Tubs, Vanities, Toilets, Mirrors, Fixture and Fitting and Tiled Bath Surrounded, Updated kitchen with lots of cabinets, pantry and counter tops... The property is approximately 2760 s.f., 6618 s.f. lot, 8 bed, 8.5 bath, title shows 5 bed 2 bath, most are master bed rooms, living room, and on-site laundry room...This property has the grand wooden staircase, big frames, and more characters...has charming turn of the century details that you will adore. The 3rd floor leads you to another large space, which can be used as game room, additional living space, office, playroom, personal gym. There is also a basement which has big space for storage. As a bonus, this Property has a detached garage with a bathroom.
RTI plans for ADU with a seperate address and separate entries! Plans are ready to use for the addition of a second unit, comprising a 533 sqft space ADU with two bedrooms and one bathroom. RTI plans also include the incorporation of an additional bathroom to the main house, thereby transforming it into a two-bedroom, two-bathroom dwelling. Plans are approved and stamped! Introducing an impeccably maintained and captivating residence featuring two bedrooms and one bathroom, situated in the coveted Adams-Normandie neighborhood, just mere moments from USC. Boasting hardwood floors, an upgraded kitchen, lofty ceilings, and expansive windows allowing abundant natural light, this property exudes comfort and style. Residents will appreciate the proximity to grocery stores, dining establishments, and effortless access to the 110 & 10 freeways, while Downtown LA is a mere 15-minute commute away. Positioned in close proximity to USC Village and campus, this residence presents an exceptional opportunity for rental income, particularly appealing to USC students.
Improved Price!!! Great Opportunity for Investor or Developer near USC. 4 Units available, 6 Bedrooms 4 Baths 2,358 sq ft. 4, 928 lot. Owner may credit buyer for tenant relocation. Next door is also available 3 Units 5 Bedrooms 3 baths 1,552 sq ft. 4,708 lot. All 3 units will be vacant in August. Combined 7 Units Monthly rents $12,800. Yearly Income $153,600. Combined lot size 9,636 sq ft.
Excellent Investment Opportunity in a fantastic location 2 blocks from McCarthy Quad and the USC campus . All new interiors in high demand area, Extremely safe location for student rentals all year round. Close to downtown and Grand Central Market via the 110 Freeway. Easy access to the 10 Freeway and the 405 freeway. Direct access to LAX, Beaches and Beverly Hills via 10 West. Close to SoFi, BMO Stadium and the LA Memorial Coliseum. Hidden away from rush hour traffic. Perfect for long time tenants.
Featuring spacious floorplans that average nearly 1,000 square feet each, the two structures occupy a corner lot near the intersection of Vermont Avenue and Jefferson Boulevard, the northwest corner of USC campus. A new owner may be able to add substantial value to the asset in a variety of ways through recapturing the approximate 51% in rent upside, by converting garage space to an ADU, or by reconfiguring the units to include additional bedrooms (Buyer to verify). One unit was recently renovated and houses USC students. Using this as a template and applying a similar plan to the remaining units could allow for a dramatic increase in cash flow. Students value the property's proximity to USC Village, the USC tennis and baseball facilities, as well as the campus classrooms and facilities that sit just blocks from the property. Rents are currently averaging only $1.53 per square foot, while other buildings in the immediate area have been able to achieve rents above $3.00 per square foot, particularly by taking advantage of the opportunity to house local students. Because the building contains four units, a new owner may be able to secure residential financing with a lower down payment than that needed for larger multifamily assets. This, coupled with the historically strong occupan
PRICE IMPROVEMENT. "Exceptional Owner user and or an investment opportunity! This triplex, strategically located near USC University, offers a prime income property with R-2 zoning and Tier 2 TOC designation. Ideal for developers or savvy investors looking to capitalize on the thriving USC community. The triplex comprises one spacious 2-bed/2-bath unit and two comfortable 1-bed/1-bath units, situated on a generous 6,074 square feet lot. Perfectly located for USC students and staff, it ensures a steady stream of rental income. Commuting is a breeze with convenient access to public transportation and local freeways within minutes of iconic landmarks such as Los Angeles Coliseum, Crypto.com Arena, Banc of California Stadium, DTLA, LA Live, Hollywood, and Koreatown, this is more than just an investment it's a lifestyle opportunity. Don't miss out on this must-see property poised for further appreciation. Call now for more details and to seize this prime investment in one of Los Angeles' most sought-after locations!" A MUST SEE
4 unit building. 1 Bedroom / 1 bath each. Two story building. Rents are low but owner user can request tenant units for family use. One unit is under eviction for non payment. Please do not disturb tenants.
Attention all investors. Here's an incredible opportunity you won't want to miss. This property is a prime candidate for student housing, conveniently situated just a short stroll from the University of Southern California (USC). What's more, it falls within the USC patrol zone, making it an even more attractive prospect. The potential for this property is boundless, making it a highly sought-after investment.
This fantastic opportunity is located just a short 5 Minutes distance from USC Village and all amenities. front unit consists of a 2 Bedroom 1 Bath,The second unit consists of a 1-bed room, 1 bath. Conveniently located to all things LA, including USC, DTLA, public transportation, and more! This great property will be a gem to own. Great potential for motivational individuals for creativity in rental income. Location, Location,Location.
Located on a quiet street, these four spacious and bright 2 bedroom/ 1 bath units, spanning over two stories, are the perfect investment for your most pickiest buyers! Individual metered units and hot water tanks in each unit. With a spacious lot, an additional ADU unit could be approved, adding even more rental income and value to this incredible property. Also has enough space for garages or car port if the new buyer desires. Best of all, these units are well below market rents. Did we mention all top units have their own balcony? Very, very desirable for renters. Close to Downtown, USC, easy access to 10 freeway, these units are never in short demand to be rented. Make offer asap before these units are gone!!
Located in the Jefferson Park/Adams-Normandie area, just west of University Park and USC, this superb investment opportunity is ready for its new owner. This well maintained asset consists of 4 large apartment homes, each nearing 1,000 square feet. All units have formal living rooms, dining rooms and individual laundry rooms. One unit has an additional tandem bedroom. Off-street parking for 4 cars in the detached garages. Tenants pay their own gas and electric, which are separately metered. Owner pays for water. The interior condition is mostly original in clean operable condition. This is an R3 zoned lot for possible development potential. Add-value opportunity and upside potential in rents. Close proximity to University Park, USC Campus, DTLA, Exposition Park, Museum of Natural History, and the Expo Metro line. Convenient to both I-10 & I-110 freeways.
We are pleased to offer the opportunity to acquire this two (2) building student housing portfolio on 1415 W. 22nd Street & 1421 W. 22nd Street, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of two (2) contiguous 3-unit apartment buildings (6 units total), built recently in 2002. The properties feature a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 1 bedroom + 1 bathroom units. The investment also allows the opportunity to further increase cash flow by adding Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the oversized 12,287 sqft lot. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique portfolio in the attractive USC submarket that will provide exponential returns with value add upside. Both properties are being sold contiguously (Total Price: $2,095,000).
We are pleased to offer the opportunity to acquire this two (2) building student housing portfolio on 1415 W. 22nd Street & 1421 W. 22nd Street, located in the DPS patrol zone, and close proximity to the University of Southern California (USC). The investment consists of two (2) contiguous 3-unit apartment buildings (6 units total), built recently in 2002. The properties feature a unit mix of one (1) 3 bedroom + 2 bathroom unit, as well as two (2) 1 bedroom + 1 bathroom units. The investment also allows the opportunity to further increase cash flow by adding Accessory Dwelling units (ADU's- Buyer to Verify) in the rear of the oversized 12,287 sqft lot. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique portfolio in the attractive USC submarket that will provide exponential returns with value add upside. Both properties are being sold contiguously (Total Price: $2,095,000).
LOCATION! CHARACTER! HOME + ADU: This charming, light-filled, turn of the century home (w/NEW ROOF Nov. 2022) is a contributor to the heart of the West Adams/Normandie HPOZ. It owes much of its original eclectic character to Colonial, American Four Square and Craftsman architecture. Greeted by a grand porch with Tudor arches, one enters a spacious formal living room with high coved ceilings including a fully restored gas and wood burning fireplace and original hardwood floors. From the living room, a large formal dining room with French doors, original built-in armoires and vintage sconce light fixtures create an elegant ambiance for entertaining. Modern gourmet kitchen with a large granite island and French doors that open to an over-sized deck overlooking the backyard with 12 hedge, centrally located Canary Island palm tree. Massive laundry room, suitable for a walk-in pantry; plus a half bathroom. Upstairs: four spacious bedrooms include a primary retreat with a luxurious ensuite bath. Situated at the end of the long, gated driveway (which is wired for powered gates) is a brand-new, detached 2-car garage with top of the line powered garage doors and separate artist studio. * Home is within the USC Neighborhood Homeownership subsidy area for USC employees. ****** INCREDIBLE
LOCATION! CHARACTER! HOME + ADU: This charming, light-filled, turn of the century home (w/NEW ROOF Nov. 2022) is a contributor to the heart of the West Adams/Normandie HPOZ. It owes much of its original eclectic character to Colonial, American Four Square and Craftsman architecture. Greeted by a grand porch with Tudor arches, one enters a spacious formal living room with high coved ceilings including a fully restored gas and wood burning fireplace and original hardwood floors. From the living room, a large formal dining room with French doors, original built-in armoires and vintage sconce light fixtures create an elegant ambiance for entertaining. Modern gourmet kitchen with a large granite island and French doors that open to an over-sized deck overlooking the backyard with 12 hedge, centrally located Canary Island palm tree. Massive laundry room, suitable for a walk-in pantry; plus a half bathroom. Upstairs: four spacious bedrooms include a primary retreat with a luxurious ensuite bath. Situated at the end of the long, gated driveway (which is wired for powered gates) is a brand-new, detached 2-car garage with top of the line powered garage doors and separate artist studio. * Home is within the USC Neighborhood Homeownership subsidy area for USC employees. ****** INCREDIBLE BRAND NEW ADU on-site *******Above the garage is a stunning, turn-key custom built 1 Bed/1Bath ADU with its own address, 2754 Kenwood Ave. The ADU comes fully equipped with a gourmet kitchen with brilliant white quartz countertops, low profile appliances including two SubZeros under the counter (fridge and fridge-freezer combo), a mini Italian dishwasher, electric oven and induction range - all designed to maintain a spacious full-size kitchen for a gourmet chef experience. The luxurious bathroom features black and white marble hexagon floor tile and white hexagon marble tile line the rain-head shower floor to ceiling. Both living room and bedroom have French doors leading to a huge balcony/patio that is piped for gas for a fire pit. The unit also features a stacked washer/dryer, split a/c unit, wall mounted TV, built-in speakers and is wired for connection.
Historic four unit property. Currently under the Mills Act. Large two-story front duplex and two separate detached houses in back. Alley access for parking. No sign on property. Do Not Disturb Occupants. Main two-story 4 bedroom unit is a USC Student rental. Seller to retain gas/mineral rights to property. Additional monthly income from laundry - washer/dryer. Mills Act compliance requires work to be done on all three structures. Front Duplex is rented to USC students. 4 bedroom ($3,100 month) and 1 bedroom ($1,508 month) are rented to USC students.