5,466 Sqft Lot
5,466 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26209251
HOA Y/N No
Year Built 1913
Lot Size 5,466 Sqft
Property Sub-Type Quadruplex
Property Description
With a potential 6.5% cap rate, the property offers plenty of creative ways to generate income. Its proximity to USC makes it a natural fit for student housing, and it also lends itself well to midterm rentals for traveling professionals, visiting faculty, and event-goers.
The location is a major draw. The property sits just south of USC and Exposition Park, home to the LA Memorial Coliseum, BMO Stadium, the California Science Center, and the Natural History Museum. The E Line light rail and the 110 Freeway are close by, providing easy access to Downtown LA, Culver City, and Santa Monica. With the area set to be a focal point of the 2028 Olympics and steady rental demand from students, faculty, and professionals, this is a solid opportunity to establish a foothold in one of LA's most active neighborhoods.
Priced competitively. Contact us today to schedule a showing.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Interior Features All Bedrooms Up, All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned
Fence Wrought Iron
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5020032015
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional
Special Listing Condition Standard
Nearby Locations
1610 R Street, Sacramento, California 95811, United States