Los Angeles, CA90007
| 6840 sqft | MLS# 26636019
Tract:
For Sale $3,295,000
Description
We are proud to present a rare opportunity to acquire a 2003 built, LA RSO exempt fully renovated, six-unit turnkey student-housing apartment community located in the highly sought-after North of Campus neighborhood, within the DPS Patrol Zone and just a short walk to the University of Southern California (USC). The property and all six units have been completely remodeled with modern, high-end finishes throughout. Each spacious unit features vinyl plank hardwood flooring, stainless-steel kitchen appliances, quartz countertops, tiled showers, and contemporary design elements tailored to today's student renters. The gated community offers large two-bedroom townhome units, approximately 1,200-square-foot floor plans, underground garage with EV parking, and an on-site laundry facility providing additional income potential.From an investment standpoint, the asset is exceptionally well positioned. Capital improvements include a new roof, updated copper plumbing, and double-pane windows. All units are individually metered for gas and electricity, with ownership responsible for water and trash expenses. The building is comprised approximately of 6,840 rentable square feet on a 6,863 square-foot lot, and consists of six (6) 2-bedroom + 2.5-bathroom townhouse units.Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk, high-demand student-housing investment with strong fundamentals and long-term growth potential. Units #2 & #6 are currently vacant and in the process of being leased out.
Facts
| Built in 2003 | Lot Size: 6865.00 sqft | HOA Dues: $0/month
Features
Ceiling Fan(s)
Listing provided by Davis Saadian, Keller Williams Hollywood Hills
Based on information from California Regional Multiple Listing Service, Inc. as of January 18, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
