
About This Home
As of September 2024239 W 25th Street is a 20-unit investment opportunity located in Downtown LA between Grand Avenue and just north of West Adams Boulevard. The property is situated in directly across the street from the 2023 built Jasper Apartments; a seven-story mixed-use community with 296 apartments and 5,000 square feet of commercial space, and across from The Lorenzo; one of the largest and the most upscale student housing community for USC students. The offering is listed at a low 9.7 GRM with tremendous upside in rents; over 73% rental upside for the new ownership to capture as units turn. The value-add investment opportunity is offered at a low $196 per square foot and $100,000 per unit at the asking price. The building features 17 spacious studio units, and 3 one-bedroom/one-bathroom units.The subject property is located in a dense, infill location, less than a mile away from the USC campus, and walking distance to the lively retail shops of Figueroa Street, with a short walk from the Metro Line. This neighborhood continues to grow at a rapid pace, with a large amount employment and transit options giving residents an easy commute throughout the city to other prominent areas.239 W 25th Street, a 20-unit investment opportunity located in Downtown LA between Grand Avenue and just north of West Adams Boulevard. The property is situated in directly across the street from the 2023 built Jasper Apartments; a seven-story mixed-use community with 296 apartments and 5,000 square feet of commercial space, and across from The Lorenzo; one of the largest and the most upscale student housing community for USC students.The offering is listed at a low 9.7 GRM with tremendous upside in rents; over 73% rental upside for the new ownership to capture as units turn. The value-add investment opportunity is offered at a low $196 per square foot and $100,000 per unit at the asking price. The building features 17 spacious studio units, and 3 one-bedroom/one-bathroom units. The subject property is located in a dense, infill location, less than a mile away from the USC campus, and walking distance to the lively retail shops of Figueroa Street, with a short walk from the Metro Line. This neighborhood continues to grow at a rapid pace, with a large amount employment and transit options giving residents an easy commute throughout the city to other prominent areas.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01949705 Listed on: 06/05/2024

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Home Design
- 10,204 Sq Ft Home
- Split Level Home
Additional Features
- 20 Bathrooms
- 8,205 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 20 Units
Listing and Financial Details
- The owner pays for gas, electricity, water
- Assessor Parcel Number 5126-020-012
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/08/2024 10/08/24 | Off Market | $1,395 | -- | -- |
10/02/2024 10/02/24 | For Rent | $1,395 | 0.0% | -- |
09/13/2024 09/13/24 | Sold | $1,900,000 | -5.0% | $186 / Sq Ft |
07/03/2024 07/03/24 | Pending | -- | -- | -- |
06/05/2024 06/05/24 | For Sale | $2,000,000 | -- | $196 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2024
Sean Nami
Lyon Stahl Investment Real Estate, Inc.
(310) 279-7779
1 in this area
3 Total Sales
-
Buyer's Agent in 2024
Ian Amirian
Franklin Realty Brokers
(310) 666-1677
1 in this area
3 Total Sales
Source: The MLS
MLS Number: 24-402011

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