$3,375,000

Estimated payment $19,196/month

Total Views 1,756
20 Beds
18 Baths
6,570 Sq Ft
$514 Price per Sq Ft

About This Home

*This property is part of the Prime Student Housing at USC Portfolio - May be purchased together or separately.* Turnkey USC student housing investment featuring six units across two buildings, offering 20 bedrooms and the capacity to house up to 40 tenants. The classic 4-unit front building was fully renovated in 2016 with all-new systems, interiors, and finishes, while the rear ADU, completed in 2024, includes two modern 4 bed/3 bath townhome-style units with solar panels and private balconies. Both buildings boast updated kitchens, in-unit laundry, and energy-efficient amenities designed for student renters. The property also features a landscaped common area with synthetic turf, stamped concrete, outdoor furniture, bike racks, and security cameras for added tenant comfort and safety. Located within USC's DPS Patrol Zone and Campus ride-share coverage, it's just a short walk to campus, USC Village, and transit options. With a 7.0% CAP rate, strong occupancy history, and minimal deferred maintenance, this is a premium, income-producing asset in one of LA's most sought-after student housing markets.

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

  • $11,391

Year Built

  • Built in 1914

Lot Details

  • 6,780 Sq Ft Lot
  • Gated Home

Home Design

  • A-Frame Home
  • Split Level Home

Interior Spaces

  • 6,570 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 18 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5054-038-011

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,391

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: A-Frame
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6570
  • Lot Acreage: 0.1556
  • Price Per Unit: 562500.00
  • Stories: 2
  • Year Built: 1914
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Common Walls: Attached
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 513.70

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Air Conditioning
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 33.69
  • Assessed Improvement Value: 301269
  • Assessed Land Percent: 66.31
  • Assessed Land Value: 593056
  • Total Assessed Value: 894325
  • Assessor Parcel Number: 5054-038-011
  • Lot Size Area: 6780

Rental Info

  • Monthly Gross Income: 26410.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.65
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 80846
  • 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 $11,391 $912,211 $604,917 $307,294
2024 $11,391 $894,325 $593,056 $301,269
2023 $11,181 $876,790 $581,428 $295,362
2022 $10,680 $859,599 $570,028 $289,571
2021 $10,531 $842,745 $558,851 $283,894
2019 $10,225 $817,751 $542,276 $275,475
2018 $9,560 $759,491 $531,644 $227,847
2017 $9,360 $744,600 $521,220 $223,380
2016 $9,112 $730,000 $511,000 $219,000
2015 $4,973 $389,643 $184,374 $205,269
2014 $5,015 $382,012 $180,763 $201,249
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 For Sale $3,375,000 +362.3% $514 / Sq Ft
07/31/2015 07/31/15 Sold $730,000 -8.8% $169 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $800,000 -- $186 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $730,000 Fidelity National Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- --
Grant Deed $317,000 First American Title Co
Gift Deed -- Fidelity Title
Grant Deed $156,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $26,650,000 Commercial
Closed $26,000,000 Commercial
Previous Owner $511,000 Unknown
Previous Owner $462,000 New Conventional
Previous Owner $375,000 Fannie Mae Freddie Mac
Previous Owner $344,000 Unknown
Previous Owner $323,000 Purchase Money Mortgage
Previous Owner $311,939 FHA
Previous Owner $312,061 FHA
Previous Owner $213,500 Unknown
Previous Owner $34,000 Unknown
Previous Owner $156,000 No Value Available
Previous Owner $55,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25546959

The MLS

APN: 5054-038-011