$2,975,000

Estimated payment $17,161/month

Total Views 1,913
16 Beds
14 Baths
6,230 Sq Ft
$478 Price per Sq Ft

Highlights

  • Gated Parking
  • Air Conditioning
  • Front Yard
  • A-Frame Home
  • Gated Home

About This Home

*This property is part of the Prime Student Housing Portfolio at USC. May be purchased separately or all together.* Turnkey 5-unit student housing investment located within USC's 24-hour patrol zone and Campus ride-share coverage area, just a short walk to campus and USC Village. The property offers 16 bedrooms across 6,230 sq. ft. with a strong 7.0% CAP rate and 10.4 GRM. Fully renovated front duplex includes a 4 Bed/4 Bath and 3 Bed/3 Bath, while the rear duplex (built in 2016) features two 4 Bed/3 Bath townhome-style units. A garage-converted studio ADU (built in 2022) adds additional income potential. Upgraded systems, modern landscaping, on-site parking, and high student demand make this a low-maintenance, high-performing asset. Bonus: driveway offers potential for additional ADU development.

Listing Agent

Michael Fukushima

Keller Williams Los Angeles License #01380445 Listed on: 06/02/2025

Keller Williams Los Angeles

Co-Listing Agent

Stephen Watson

Keller Williams Los Angeles License #01187813

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,731

Year Built

  • Built in 1904

Lot Details

  • 7,348 Sq Ft Lot
  • Lot Dimensions are 75x103
  • Gated Home
  • Front Yard

Home Design

  • A-Frame Home
  • Split Level Home

Interior Spaces

  • 6,230 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 14 Bathrooms

Parking

  • 5 Parking Spaces
  • Gated Parking

Utilities

  • Air Conditioning

Listing and Financial Details

  • Assessor Parcel Number 5055-015-030

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,731

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: A-Frame
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6230
  • Lot Acreage: 0.1687
  • Lot Dimensions: 75x103
  • Price Per Unit: 595000.00
  • Stories: 2
  • Year Built: 1904
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 477.53

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 47.38
  • Assessed Improvement Value: 585205
  • Assessed Land Percent: 52.62
  • Assessed Land Value: 649924
  • Total Assessed Value: 1235129
  • Assessor Parcel Number: 5055-015-030
  • Lot Description: Front Yard, Fenced
  • Lot Size Area: 7348

Rental Info

  • Monthly Gross Income: 23765.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.43
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 76959
  • Type Of Units: Residential
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $15,731 $1,259,831 $662,922 $596,909
2024 $15,731 $1,235,129 $649,924 $585,205
2023 $15,441 $1,210,912 $637,181 $573,731
2022 $14,748 $1,187,170 $624,688 $562,482
2021 $14,539 $1,163,893 $612,440 $551,453
2020 $14,679 $1,151,960 $606,161 $545,799
2019 $14,117 $1,129,374 $594,276 $535,098
2018 $13,937 $1,107,230 $582,624 $524,606
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $2,975,000 +304.8% $478 / Sq Ft
07/10/2015 07/10/15 Sold $735,000 +2.1% $201 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $720,000 -- $197 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $735,000 Pacific Coast Title Company
Grant Deed $171,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $26,650,000 Commercial
Closed $26,000,000 Stand Alone Refi Refinance Of Original Loan
Closed $515,000 Purchase Money Mortgage
Closed $515,000 Unknown
Previous Owner $162,450 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25546579

The MLS

APN: 5055-015-030