Homes for Sale

ZIP CODE 90007

Location, location, location! Charming 4 bedroom, 3 bathroom in the University Park neighborhood. Kitchen features granite counters and island with stainless steel sink. 16' tile floors, wall air conditioner, ceiling fans throughout plus two wall heaters. Bedrooms have wood laminate floors, one bedroom has a 3/4 bath. Laundry room with granite folding counter, cabinet and storage closet. Two sliding electric gates to driveway. Ample parking area for 5 cars. Landscaping is designed for water conservation. Conveniently located to USC, the Metro line, as well as museums, shopping, dining and entertainment! Property is tenant occupied. Please do not disturb.

1204 W 37th Dr, Los Angeles

Courtesy of , Joyce Essex Harvey - CA DRE#

$1,695,000

6 Beds ⋅ 3 Baths ⋅ ACTIVE Status

We are pleased to offer for sale this 6,900 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and less than two blocks to the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing triplex currently on the lot that will be delivered vacant upon the close of escrow.The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.

1309 W 36th Pl, Los Angeles

Courtesy of , Davis Saadian - CA DRE#

$1,695,000

6 Beds ⋅ 3 Baths ⋅ ACTIVE Status

We are pleased to offer for sale this 6,900 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and less than two blocks to the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing triplex currently on the lot that will be delivered vacant upon the close of escrow. The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.

1309 W 36th Pl, Los Angeles

Courtesy of , Davis Saadian - CA DRE#

$1,179,000

4 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Beautiful home with the perfect blend of comfort, and versatility, located just minutes away from University of Southern California , Exposition Park museums and DTLA. In addition to the 4 bedrooms upstairs there is a versatile room downstairs which offer endless possibilities. With its updated fixtures, remodeled kitchen, and new HVAC system, this home is truly the complete package. R2 zoning may provide development opportunity for investor minded

2222 S Budlong Ave, Los Angeles

Courtesy of , Alfreda Sanders - CA DRE#

$2,195,000

12 Beds ⋅ 6 Baths ⋅ ACTIVE Status

2101 Bonsallo Ave is a 6 unit brick building built in 1909. All units are spacious and filled with Craftsman elements. Each unit has two bedrooms and one bathroom, plus individual laundry rooms, averaging 1,453 square feet per unit. The property is 8,718 square feet on a 8,847square foot lot. A prime value-add or student housing opportunity with rents approximately 51% under market. The property has a basement that could be turned into storage lockers for each unit generating additional revenue along with 1 tandem parking space that could be assigned to a unit for an additional monthly charge. Every unit has hardwood floors, beamed ceilings (with beam lights), plate rails, built-in chinacabinets (with leaded art glass), picture rails, and built-in book cases. The upstairs units have balconies. From the Bonsallo side there is a spectacular view of the downtown skyline. 4 of the units are equipped with in-unit washer and dryers. The property is located in the desirable North University Park, providing easy access to a wide range of entertainment options and amenities. Having a walk score of 80, USC campus is just over a mile away and many stores for errands are just short breaths away. Downtown Los Angeles and Mid City are just short car rides as well, having easy access from close by freeway entrances. In addition, the property is located in the USC patrol zone.

2101 Bonsallo Ave, Los Angeles

Courtesy of , John Swartz - CA DRE#

$1,950,000

10 Beds ⋅ 10 Baths ⋅ ACTIVE Status

We are pleased to offer the opportunity to acquire this turnkey three (3) unit, fully permitted ten (10) bedroom + ten (10) bathroom Student Housing Master Lease investment opportunity, located in the DPS Patrol Zone, and close proximity to the University of Southern California (USC). The property is approximately 3,167 rentable square feet on a 5,878 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of two (2) 3-bedroom + 3-bathroom units in the front, and a 4-bedroom + 4-bathroom brand-new ADU in the back. The subject property's front structure was completely updated and remodeled in 2021, and features brand new flooring, brand new plumbing/electrical, updated roof, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The back unit is a brand-new ADU recently constructed and completed in 2021 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance structure to any prospective buyer. The investment is 100% occupied with USC students and fully leased for the 2022-2023 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk master lease investment that is poised for continued growth and excellent operating fundamentals. The property is currently master leased to a reputable Property Management company until July 31, 2026, and starting in August 1, 2023 the property will make $134,400 per year ($11,200 per month) with annual 3% rent increases (property is currently netting $10,000 per month until August 1st, 2023 with the same Property Management Company). With the Master lease in place, there are minimal landlord responsibilities. The owner only pays for taxes, insurance, and major capital expenditures with everything else being taken care of by the Management company.

1213 W 24th St, Los Angeles

Courtesy of , Adam Shamooelian - CA DRE#

$899,000

8 Beds ⋅ 4 Baths ⋅ ACTIVE Status

Situated in historic West Adams, this circa 1900 Craftsman triplex is ready for your vision to bring it to the next level with one unit delivered VACANT. Perfect for investor or owner/user. The 3 large units feature a downstairs 5BD + 2BA, upstairs 2BD + 1BA and 1BD + 1BA (delivered vacant). Major rental and value upside. Off street parking for 3 and separately metered for gas and electric. A perfect opportunity near USC campus for student housing, investment in a growing area or owner/user dream to restore and have your tenants pay your mortgage!

2620 S Budlong Ave, Los Angeles

Courtesy of , Grant Linscott - CA DRE#

$1,450,000

8 Beds ⋅ 4 Baths ⋅ ACTIVE Status

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.

2121 Portland St, Los Angeles

Courtesy of , Daehong Park - CA DRE#

$1,799,800

7 Beds ⋅ 7 Baths ⋅ ACTIVE Status

CLOSE TO 5% CURRENT CAP RATE, ALL RENOVATED 6 UNIT APARTMENT IN USC DPS PATROL ZONE WITH GREAT UPSIDE POTENTIAL. 1978 Bonsallo is a charming 6-unit apartment perfect for Student Housing, Cape Cod Style architecture originally constructed in 1923 which is comprised of two structures, consisting of a unit mix of one (1) large detached 3 bed 2 bath house, three (3) great sized 2 bed 1 bath and two (2) large Studios. Every unit features efficient floor plans, a brand new kitchen, a designer-done bathroom, new hardwood-style flooring, and a fresh coat of paint. Boasting almost 3,456 SF of living space, sitting on high demand and desired location for residents with a tranquil tree-lined street, within a couple of blocks to Mt St Mary University and less than a mile distance to the University of Southern California, this is an incomparable acquisition chance for a stabilized asset with even higher upside potential. Also Just a few steps to Crypto Arena, The Memorial Coiseum, LA Live in DTLA, a short bike to the USC Village, walking distance to the Expo line, and centrally located with easy access to the 10 and 110 freeways. Separately Metered, in a Historic preservation neighborhood. (HPOZ).

1978 Bonsallo Ave, Los Angeles

Courtesy of , Vinnie Park - CA DRE#

$3,995,000

19 Beds ⋅ 18 Baths ⋅ ACTIVE Status

We are pleased to offer the opportunity to acquire this eighteen (18) unit value-add student housing investment, located in the desirable DPS Patrol Zone and walking distance to the University of Southern California (USC). The property is approximately 12,315 rentable square feet on a 6,211 square foot lot, with a unit mix consisting of nine (9) studio units, eight (8) 1-bedroom + 1-bathroom units, and one (1) converted 2-bedroom + 1-bathroom unit. The property cash flows at $24,754/month, a current 5.5% Cap Rate & 13.45x Gross Rent Multiplier (GRM). The investment allows a new owner the opportunity to implement interior renovations, update/remodel the units, and achieve top market rents. There's almost 50% potential upside in rental income. The property offers residents a highly desirable location, within the DPS Patrol Zone, and walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.

1026 W 22nd St, Los Angeles

Courtesy of , Davis Saadian - CA DRE#

$995,000

4 Beds ⋅ 3 Baths ⋅ ACTIVE Status

Attractive early (c. 1885) Victorian, restored and renovated, with contemporary touches and updated systems, great floor plan and Mills Act historical property contract. Convenient to downtown and USC, this two-story, Italianate-style home is located in the sought-after University Park neighborhood, which is filled with many other restored homes. Contributor to the University Park HPOZ historic district. Upgrades include 200 amp electrical panel + rewiring; new plumbing; central heat and air; remodeled kitchen and bathrooms. Three bedrooms upstairs plus 4th room (currently home office, can be bedroom -- no built-in closet); downstairs bedroom/convertible den/study. Good sized yard awaits your vision and green thumb. The Mills Act program offers some property tax benefits, along with review of any new interior or exterior work. Great location near DTLA: The property is one block from Mount Saint Mary's University Doheny campus, and within the USC Incentive Program boundaries for eligible faculty and staff. Also within the USC DPS Security Patrol Zone. Walkable to USC, Trade Tech, Flower Street Metro Station, and Downtown DASH; easy access to entrances to 10 and 110 Freeways, less than a mile from LA Live-Crypto Arena-Convention Center complex. Nearby amenities abound, from Downtown cultural institutions to the latest restaurants, along with Exposition Park; and freeway close to everywhere else!

1976 S Bonsallo Ave, Los Angeles

Courtesy of , David Raposa - CA DRE#

$1,560,000

4 Beds ⋅ 3 Baths ⋅ ACTIVE Status

Exceptional location, within minutes to USC University...R-2 Zoning, Tier 2 TOC. ( Key location for USC Students or Staff ). Attention developers or owners are looking for the right investment opportunity to expand or keep while collecting rents! Triplex consists of One 2B/1B, Two 1B /1B, and a 6,074 Square feet lot. The area has been consistently growing for the last ten years and still going strong. Currently, there are several multi Million dollars projects in place. Very convenient to Public transportation and local freeways, centrally located within minutes, to Crypto.com Arena, New Banc of California Stadium, DTLA, LA Live, Hollywood, and Koreatown. A MUST-SEE PROPERTY. CALL FOR DETAILS

1387 W 30th St, Los Angeles

Courtesy of , Walter Castillo - CA DRE#

$1,435,000

1 Beds ⋅ 9 Baths ⋅ ACTIVE Status

I am pleased to offer for sale a nine (8+1NC) unit apartment community located at 1452 West 20th Street. The subject property is located north of the University of Southern California, and just south of Koreatown. The property offers investors a unique opportunity to acquire a partially renovated building with a remaining rental upside and ready to issue permits for a 3 Bed + 2 Bath accessory dwelling unit at the rear of the property. Situated on a 7,500 square foot parcel, the property is comprised of eight studios and a one-bedroom unit. Current Ownership has completed renovations to four units with brand-new stainless-steel kitchen appliances and new laminate floors. The subject property also presents an opportunity for development-minded investors. The parcel is zoned LAR4 and is in a Tier 2 Transit Oriented Community (TOC). The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and add an additional dwelling unit should allow for superior returns moving forward making 1452 West 20th Street an excellent acquisition opportunity.

1452 W 20th St, Los Angeles

Courtesy of , Sean Rosenzweig - CA DRE#

$1,599,000

6 Beds ⋅ 5 Baths ⋅ ACTIVE UNDER CONTRACT Status

Don't miss this opportunity for an investment property just blocks from the University of Southern California (USC). Prime location within the university's public safety patrol zone and near the Expo/Vermont metro station as well as the new Lucas Museum opening in 2023 where there will be outdoor restaurants and shopping. Subject property is fully rented and currently comprised of a quadruplex that is approximately 1,824 sqft and rear house that is approximately 888 sqft. The site is zoned LARD1.5 and is approximately 7,412 sqft lot in a Tier 3 TOC zone. With a 70% density bonus, this allows for a total of approximately nine (9) buildable units to be constructed. Buyer to verify with city planning and development service center for more information on any affordability category requirements or project specific questions.

1210 W 36th St, Los Angeles

Courtesy of , Christine Markow - CA DRE#

$1,599,000

ACTIVE UNDER CONTRACT Status

Don't miss this opportunity for developing an investment property just blocks from the University of Southern California (USC). Prime location within the university's public safety patrol zone and near the Expo/Vermont metro station as well as the new Lucas Museum opening in 2023 where there will be outdoor restaurants and shopping. Subject property is fully rented and currently comprised of a quadruplex that is approximately 1,824 sqft and rear house that is approximately 888 sqft. The site is zoned LARD1.5 and is approximately 7,412 sqft lot in a Tier 3 TOC zone. With a 70% density bonus, this allows for a total of approximately nine (9) buildable units to be constructed. Buyer to verify with city planning and development service center for more information on any affordability category requirements or project specific questions.

1210 W 36th St, Los Angeles

Courtesy of , Christine Markow - CA DRE#

$1,848,800

8 Beds ⋅ 9 Baths ⋅ ACTIVE Status

*Back on market and reduced for quick sale! Motivated seller wants it back in escrow* We are delighted to present this fully restored turn-of-the-century Victorian triplex brought back to its original glory! A trophy investment property for USC student housing located in the highly desirable USC DPS Patrol Zone moments from Downtown LA with prime rental opportunity consisting of 3 units. The detached guesthouse (3 beds/ 4 baths, newly constructed) can be used by an owner-user while renting out the front duplex. The front unit (3 beds/3 baths), and rear unit (2 beds/2 baths) are both fully renovated. All units feature new systems including but not limited to new appliances which include washer and dryer, central HVAC systems, individually metered gas/electric, new roofing on both structures, new windows, and more. The property has been professionally landscaped throughout with ample on-premise parking. Grounds are walled and gated for maximum security. Attached garage can be permitted for ADU conversion- buyer to verify.

1024 W 21st St, Los Angeles

Courtesy of , Holland Ashrafnia - CA DRE#

$1,998,000

10 Beds ⋅ 8 Baths ⋅ ACTIVE Status

Outstanding investment opportunity with great current income as well as substantial potential and upside. Location, location, location!!! Located just minutes walking distance away from USC's West Gate. Flawlessly situated smack dab within the heart of USC's University Park Campus patrol area designated by the Department of Public Safety. 1353 W 36th Pl is a super secure investment oozing with considerable rental upside. Two of the six units have been beautifully remodeled and are fully leased at current market rate. Potential of additional income via coin laundry as well. BREAKING NEWS for all buyers during this time of insane inflation: 1) Earthquake retrofitting has been fully completed with permits; 2) SELLER'S CURRENT LOAN CAN BE ASSUMED AT A 3.25% FIXED INTEREST RATE!!!!!

1353 W 36th Pl, Los Angeles

Courtesy of , MiJeong Kim - CA DRE#

$999,000

5 Beds ⋅ 4 Baths ⋅ ACTIVE Status

Beautifully upgraded Duplex with 3rd side unit near USC! Amazing opportunity to add to your investor portfolio or own, live, and generate rental income in a highly desirable area. Currently all units are occupied by responsible tenants. Drive by only - PLEASE do not disturb occupants. Call for showing instructions. This property was updated with new windows, new doors, new roof, and each unit has its own laundry with the washer/dryer. The interior is beautiful with new flooring, paint, carpet, spacious bedrooms, new ceiling fans, new mirror closet doors, new bathrooms with custom tile flooring, new vanities, new fixtures, and custom tiled showers. The kitchens are upgraded with new cabinets, countertops, and new stainless steel appliances included. The bottom is an extra large two bedroom/2 bath unit with large living & dining room, and laundry room inside with washer and dryer included. Upstairs unit has two bedroom/one bath with stackable washer and dryer combo inside. Side/Rear unit is a one bedroom/one bath unit with new flooring, paint and vanity with its own separate laundry outside. The property is gated, with parking spaces for up to 4 cars. Beautiful mature trees and plants compliment this great compound.

1561 W 23rd St, Los Angeles

Courtesy of , Dana Behar - CA DRE#

$2,274,000

14 Beds ⋅ 9 Baths ⋅ ACTIVE Status

Excellent cash-flowing Student Housing investment grossing $180,078 in rent annually. Actual current Cap Rate at a stunning 6.89%. The property is in a prime location for USC student housing located in the USC DPS Safety Patrol zone and walking distance to Ralph's and USC. Both units are under a Master Lease to a USC student management company until August 2024, with no vacancies. The rear ADU was constructed in 2020. All utilities are covered by tenants. Both units total approximately 4187 square feet of rentable space with an additional 550 square feet of loft space. Front unit has solar panels that are paid in full. The properties sit on a huge 8099 sq ft lot that is rare to find in the 90007 zip code and has LARD1.5 zoning (potentially build 5 units by right) and HPOZ. Buyer to verify all information with city. Property is fully occupied by students - do not disturb tenants. Disturbing tenants will disqualify buyer. Investment property is to be sold As-Is, cash offers preferred.

2639 S Budlong Ave, Los Angeles

Courtesy of , Mason Shieh - CA DRE#

$1,047,500

5 Beds ⋅ 4 Baths ⋅ ACTIVE Status

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: $2,195,000).

1421 W 22nd St, Los Angeles

Courtesy of , Adam Shamooelian - CA DRE#

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