1109 Exposition Blvd Los Angeles, CA 90007
Exposition Park NeighborhoodEstimated payment $4,583/month
Total Views
17,621
5
Beds
2
Baths
1,057
Sq Ft
$709
Price per Sq Ft
Highlights
- Wood Flooring
- 3-minute walk to Expo/Vermont
- Family Room
- No HOA
- Shed
- 1-Story Property
About This Home
We are pleased to present a rare opportunity to acquire a vacant, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom, 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667 square foot lot zoned LARD2, making it ideal for student housing or co-living arrangements.Given its proximity to USC and the USC Village, this property presents significant income potential, with market rents projected at approximately $1,200 per bedroom. The investment is attractively priced at an 8% cap rate, offering strong returns with minimal operating expenses, as tenants are responsible for covering all utilities including water, trash, gas, and electricity.In addition to its premium location near campus, the property is just a short walk from the Metro Expo Line, providing convenient access to both Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major cultural and sports destinations including the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the upcoming George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, this area continues to grow in both prominence and investment appeal.This is a excellent opportunity to own a well-positioned, high-demand rental property in one of Los Angeles' most dynamic and rapidly developing neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,369
Year Built
- Built in 1912
Lot Details
- 2,667 Sq Ft Lot
- Property is zoned LARD2
Parking
- 2 Parking Spaces
Interior Spaces
- 1,057 Sq Ft Home
- 1-Story Property
- Entryway
- Family Room
- Wood Flooring
Kitchen
- Oven or Range
- Freezer
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Located Outside
- Dryer
- Washer
Outdoor Features
- Shed
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5040-013-029
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,369 | $435,214 | $348,173 | $87,041 |
| 2024 | $5,369 | $426,682 | $341,347 | $85,335 |
| 2023 | $5,269 | $418,316 | $334,654 | $83,662 |
| 2022 | $5,026 | $410,115 | $328,093 | $82,022 |
| 2021 | $4,958 | $402,074 | $321,660 | $80,414 |
| 2019 | $4,809 | $390,150 | $312,120 | $78,030 |
| 2018 | $4,747 | $382,500 | $306,000 | $76,500 |
| 2016 | $2,292 | $179,418 | $49,124 | $130,294 |
| 2015 | $2,260 | $176,724 | $48,387 | $128,337 |
| 2014 | $2,276 | $260,000 | $180,000 | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $749,000 | +99.7% | $709 / Sq Ft |
| 09/23/2016 09/23/16 | Sold | $375,000 | -5.1% | $355 / Sq Ft |
| 07/31/2016 07/31/16 | Pending | -- | -- | -- |
| 07/12/2016 07/12/16 | Price Changed | $395,000 | -20.2% | $374 / Sq Ft |
| 07/08/2016 07/08/16 | Price Changed | $495,000 | -1.0% | $468 / Sq Ft |
| 07/07/2016 07/07/16 | For Sale | $500,000 | +195.6% | $473 / Sq Ft |
| 06/07/2012 06/07/12 | Sold | $169,150 | -- | $160 / Sq Ft |
| 04/24/2012 04/24/12 | Pending | -- | -- | -- |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $375,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | California Title Company | |
| Grant Deed | $169,500 | Lsi Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Trustee Deed | $141,300 | Accommodation | |
| Grant Deed | $67,000 | United Title Company | |
| Grant Deed | -- | Fidelity National Title Ins | |
| Trustee Deed | $127,512 | Fidelity National Title Ins | |
| Grant Deed | $120,000 | Southland Title Corporation | |
| Executors Deed | -- | Fidelity National Title Ins | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $162,000 | Fidelity National Title Ins | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $292,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $32,000 | Credit Line Revolving | |
| Previous Owner | $156,600 | Unknown | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $53,600 | No Value Available | |
| Previous Owner | $119,350 | FHA | |
| Previous Owner | $144,000 | No Value Available | |
| Closed | $3,350 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25549149
APN: 5040-013-029
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