90007 Homes with Two Levels Stories

11 Beds ⋅ 11 Baths ⋅ 26863481 MLS ⋅ Active Status

We are pleased to present 2127 Portland Street, an 11-bed USC student housing asset located less than one mile from USC Village and within the USC Department of Public Safety patrol zone. The offering consists of two separate structures on a 6,152 square foot lot: a large-format 7 bedroom / 7 bathroom main house and a newer townhome-style 4 bedroom / 4 bathroom ADU at the rear. The main house was taken down to the studs and fully renovated with new mechanical, electrical, and plumbing systems behind a classic North University Park facade. The rear ADU is newer construction built to current code. A buyer acquires renovated and new-build product without new-construction pricing, and without the deferred maintenance that typically comes with a pre-war USC rental. Seven-bedroom floor plans are scarce in the USC submarket and draw stronger rents from fraternities, sororities, athletic teams, and returning friend groups that need a full house under one lease. The 4+4 ADU serves the opposite end of the demand curve: individual students, graduate students, and young professionals who want newer, private, apartment-style living. Ownership can lease the property one group at a time, by the bed, or both, and can adjust that strategy every leasing season without a capital event. At $1,600,000, the pricing equates to $145,455 per bed and $430.69 per square foot, meaningfully below replacement cost for comparable new student housing product. Current rents of $8,200 per month on the main house and $5,000 per month on the ADU, plus $1,100 per month in utility income, produce $171,600 of scheduled gross income and $112,103 of net operating income, reflecting a 7.01 CAP and a 9.32 GIM on in-place numbers. USC Village sits less than a mile away and anchors the neighborhood commercially. The $700 million development delivered a Target, a Trader Joe's, and roughly 15 restaurants across 115,000 square feet of ground-floor retail, alongside 2,700 student beds and a 30,000 square foot fitness center. Tenants walk to groceries, dining, banking, and pharmacy without a car. The Harbor Freeway (110) is minutes away with on-ramps at Adams Boulevard, and the Santa Monica Freeway (10) sits just north of the property. The Metro E Line's LATTC/Ortho and Jefferson/USC stations serve North University Park with trains every 8 to 10 minutes during the day, putting Downtown employment centers roughly three miles north within reach of graduate students, medical residents, and recent graduates. The main house is a legal single-family residence and can be repositioned as a conventional owner-user or luxury single-family rental at any point, with the ADU providing separate income or family housing, so ownership retains the option to exit into the single-family market rather than only the student housing market. Separately, under the One Big Beautiful Bill Act, which permanently restored full first-year expensing for qualifying assets acquired after January 19, 2025, a buyer can pair a cost segregation study with accelerated depreciation to immediately deduct the short-life components of both structures. Given the extent of the recent renovation and the newer rear structure, that allocation is likely to be substantial.

2127 Portland Street, Los Angeles

$1,290,000

260015608SD MLS ⋅ Active Status

Positioned in the heart of Los Angeles’ University Park district, 1276 W 22nd Street presents a rare opportunity to acquire a large 4-unit multifamily property offering 3,700 square feet of living area and strong long-term growth potential. Originally built in 1905, this charming historic structure blends architectural character with modernized improvements, including recently replaced mini-split air conditioning systems that reduce maintenance costs and improve tenant appeal. Each unit enjoys functional layouts, and the property includes a dedicated laundry room with washer and dryer, plus six on-site parking spaces, a valuable commodity in this high-demand urban corridor. The location is a true driver of sustained rental performance. Situated just minutes from the University of Southern California (USC) which is home to over 40,000 students and steps from Exposition Park, the Natural History Museum, and the LA Memorial Coliseum, this property benefits from constant housing demand from students, faculty, and working professionals. The Expo Line light-rail station is within close distance, connecting residents directly to Downtown LA and Santa Monica, while the nearby I-10 Freeway provides fast access across the city. For investors, this property represents an excellent opportunity to stabilize, reposition, or hold for steady cashflow in one of Los Angeles’ most supply-constrained rental markets. With strong underlying land value, historic charm, and transit-oriented proximity to major employment and education hubs, 1276 W 22nd Street offers both immediate income potential and long-term upside in a neighborhood poised for continued growth.

1276 W 22nd St, Los Angeles

$2,450,000

13 Beds ⋅ 8 Baths ⋅ AR26134176 MLS ⋅ Active Status

If you know USC, you know this is truly Best Location Ever!! Not only the Location, also the Lot size almost 9000 s.f.!!! ADU possibility!! Buyer to verify!! This is Both Investors' and Students' dreaming location for Value-add USC off Campus Student Housing Investment Opportunity! Must check out this location!!! Only 2 blocks away North of USC village, mins walking to USC!!! Located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2026-2027 school year with USC students already. Currently collecting gross rents of $12,500/month which is way not high enough at that location due to seller's limited time on managing. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5, possibility building more units and/or ADU in the back huge yard! The property is approximately 3572 s.f., 8712 s.f. lot, 13 bed, 8 bath, living rooms, and on-site laundry room...This property has charming turn of the century details that you will adore. As a bonus, this Property offers about 8 PRIVATE PARKING SPACES which are the the students favorites. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The property should be collecting gross rents around $18K/month, then GRM should be around 9. Don't miss !

1188 W 28th, Los Angeles

$1,395,000

10 Beds ⋅ 4 Baths ⋅ 26848685 MLS ⋅ Active Status

We are pleased to present the opportunity to acquire 1454 W. 28th Street, a fully renovated 10-bedroom + 4-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. The property generates $13,350 per month in gross income. Backed by a proven operational history, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded two-story single-family residence featuring 10-bedrooms + 4-bathrooms, totaling approximately 2,601 rentable square feet on an 8,100 square foot lot. Adding to the investment appeal, the oversized 8,100 square foot lot presents a significant value-add opportunity. An investor may have the ability to construct two ADUs toward the rear of the lot, providing the potential to substantially increase cash flow and overall asset value over time. Operationally, the asset is exceptionally efficient, helping minimize landlord expenses and maximize net operating income. Priced at an in-place 9.0% cap rate and 8.7x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.

1454 W 28th Street, Los Angeles

$1,395,000

10 Beds ⋅ 4 Baths ⋅ 26848663 MLS ⋅ Active Status

We are pleased to present the opportunity to acquire 1454 W. 28th Street, a fully renovated 10-bedroom + 4-bathroom student housing investment located in the highly coveted West of Campus neighborhood within the DPS Patrol Zone. Just blocks from the University of Southern California, the property sits in one of the strongest student housing rental markets in Los Angeles, consistently achieving premium rents, full occupancy, and year-round tenant demand. The property generates $13,350 per month in gross income. Backed by a proven operational history, and strong in-place cash flow, the asset delivers immediate yield and stable income from day one. The offering consists of a beautifully upgraded two-story single-family residence featuring 10-bedrooms + 4-bathrooms, totaling approximately 2,601 rentable square feet on an 8,100 square foot lot. Adding to the investment appeal, the oversized 8,100 square foot lot presents a significant value-add opportunity. An investor may have the ability to construct two ADUs toward the rear of the lot, providing the potential to substantially increase cash flow and overall asset value over time. Operationally, the asset is exceptionally efficient, helping minimize landlord expenses and maximize net operating income. Priced at an in-place 9.0% cap rate and 8.7x GRM, the property combines immediate cash flow, low-maintenance ownership, and long-term upside in one of LA's most consistently performing rental markets.

1454 W 28th Street, Los Angeles

$1,290,000

IV26128936 MLS ⋅ Active Status

Located blocks away from USC. Motivated seller offering an exceptional investment opportunity with this well kept 4-unit building. The property falls within the USC Department of Public Safety University Park Campus Patrol Area, per the published USC DPS patrol map. Buyer to verify patrol boundaries and services directly with USC DPS. Each unit has 1 bedroom, 1 full bathroom, a large main living area, ample kitchen, and a bonus room. This property places residents near USC, University Village, Mount Saint Mary's University, LA Live, BMO Stadium, shopping centers and less than 15 miles from LA area beaches. Potential for high rental value in a very popular area for investors. Water supply lines have been updated to copper. Property may offer ADU potential. Buyer to verify all requirements, feasibility, and approvals. DO NOT DISTURB THE TENANTS. Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer and buyer’s representative must verify the information above and bear all risk for any inaccuracies.

2208 Toberman Street, Los Angeles

$875,000

OC26126352 MLS ⋅ Active Status

INCREDIBLE UPSIDE INVESTMENT OPPORTUNITY! Potential to build up to four (4) additional ADUs in the area currently designated for parking, creating significant future income potential Prime 4-unit investment opportunity just steps from USC and located within the USC Security Patrol Zone. This newly restored apartment building offers an exceptional location near USC, the LA Memorial Coliseum, BMO Stadium, the Natural History Museum, and Downtown Los Angeles. Subject to LA City RSO rent control, the property presents significant upside potential with one unit currently eligible for eviction due to non-payment. Based on comparable rentals in the area, a renovated unit may support substantially higher rental income. Ideal for investors or owner-occupants seeking a value-add opportunity with strong long-term cash flow potential in one of Los Angeles' most well-priced rental markets.

1256 W 22nd, Los Angeles

$980,000

5 Beds ⋅ 4 Baths ⋅ AR26121695 MLS ⋅ Active Status

Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a formal living room, dining room, and individual laundry room. One unit includes an additional tandem room that may be used as a bedroom or flexible space. The property includes off-street parking for four cars with a detached garage and carport. Tenants pay their own gas and electric, with separate meters. Owner pays water. Interior condition is mostly original, clean, and operable. R3 zoning may offer future development potential. Value-add opportunity with upside potential in rents. Tenant occupied. Please do not disturb occupants.

3110 Raymond Ave, Los Angeles

$980,000

AR26117965 MLS ⋅ Active Status

Opportunity to acquire a four-unit income property in a high-demand Los Angeles rental corridor near USC, Downtown LA, Exposition Park, and major transportation. The property consists of four large one-bedroom units, with assessor records showing two-bedroom units, each approximately 1,000 sq. ft. Each unit offers a formal living room, dining room, and individual laundry room. One unit includes an additional tandem room that may be used as a bedroom or flexible space. The property includes off-street parking for four cars with a detached garage and carport. Tenants pay their own gas and electric, with separate meters. Owner pays water. Interior condition is mostly original, clean, and operable. R3 zoning may offer future development potential. Value-add opportunity with upside potential in rents. Tenant occupied. Please do not disturb occupants.

3110 Raymond Ave, Los Angeles

$7,950,000

28 Beds ⋅ 28 Baths ⋅ 26838901 MLS ⋅ Active Status

Located in the Historic North University District, Trojandale is a landmark 20-unit estate that blends timeless Spanish-Hacienda architecture with modern luxury upgrades. Originally built in the 1920s and thoughtfully re-conditioned, the property preserves its historic charm while offering residents an elevated living experience centered around a beautifully landscaped courtyard. The property features eight (8) 2-bedroom, 2-bath units and twelve (12) 1-bedroom, 1-bath units situated on a 21,388 square foot lot. Trojandale also offers significant value-add potential, including the ability to develop up to six (6) additional units by right and eight (8) ADU units across two separate buildings, totaling approximately 5,500 square feet of additional rentable space. Further upside exists through the potential to add bedrooms within the existing units, many of which offer ample interior square footage for reconfiguration. Additional highlights include one of the area's only fully subterranean parking garages with 20 secure parking spaces, providing a rare convenience in this highly sought-after neighborhood.

2623 Ellendale Place, Los Angeles

$1,220,000

4 Beds ⋅ 4 Baths ⋅ 26839987 MLS ⋅ Active Status

Character charm with systems upgrades! This historic Victorian/Transitional four-unit apartment is on a sought-after and convenient block near USC and popular restaurants, offering potential upside for a variety of purchasers. Great location! Walk or bike to the USC campus, Mount St. Mary's Doheny campus and University Village (Trader Joe's, Target, Sweetgreen restaurant); close to Downtown DASH and Metro Expo B Line Flower/23rd Street station; also located within the USC Security and Transportation zones. Built as a single family home in 1899, the residence was converted in 1913 by a family into four units one for the parents, and units for each son. The result is uniquely creative apartments, each with period details and vintage appeal. Units feature hardwood floors plus linoleum in kitchens, baths and porches; wood moldings and built-ins; claw foot tubs; and original (now decorative) brick fireplaces. The current owners restored the interiors, painted the exterior, replaced rear exterior stairs, revamped the flooring, and upgraded the electrical, plumbing (adding tankless water heaters), and central heat; reroofing was completed in 2012 (all improvements with permits). Tenants pay own gas and electric; coin-operated washer/dryer on premises. In addition, property has off-street parking in rear yard (room for four vehicles) plus there is a four-car garage presently utilized for storage but potentially it could be renovated for creative uses or converted into an ADU. All units are now occupied, but considering the unique charm and favorable location of the property, a buyer /first time investor may wish to plan for future owner-occupancy of one unit while collecting rent from the other three. This pride-of-ownership property is a Contributor to University Park HPOZ, listed individually in the California Register and also a Contributor to the St. James Park National Register Historic District.

1017 W 24th Street, Los Angeles

$850,000

PW26114278 MLS ⋅ Active Status

Positioned in the heart of the USC rental market and located within the USC Department of Public Safety (DPS) patrol zone, 2621 Juliet Street presents a rare opportunity to acquire a stabilized duplex with immediate upside and strong in-place fundamentals. The property currently operates at an estimated 6% cap rate with a projected gross scheduled income multiplier of 11.8 years, offering investors a compelling blend of cash flow, location, and future rental growth potential. The upper unit is a turnkey 4-bedroom, 2-bath residence that will be delivered vacant at the close of escrow, creating the opportunity for an owner-user, student housing operator, or investor to immediately achieve fair market rents. The unit has been thoughtfully maintained and features two separate access points, in-unit washer and dryer, individual window A/C units in each bedroom, installed blinds throughout, and dedicated driveway parking for up to three vehicles. The lower unit consists of a 3-bedroom, 2-bath floor plan occupied by long-term tenants currently paying $2,600 per month on a 2-year lease, providing stable income from day one. Beyond the income profile, ownership has invested significantly into the property’s infrastructure and major systems. Recent improvements include foundation and seismic retrofit work, upgraded pier and post systems, new girder beam support installation, roof repairs and maintenance, plumbing upgrades including dual 40-gallon water heaters, and a substantial electrical modernization that included a new 2-meter 200-amp main panel relocation with upgraded feeders and future generator connectivity. For investors seeking a well-positioned asset near one of Los Angeles’ most consistent housing demand drivers, 2621 Juliet Street offers the increasingly rare combination of strong current income, meaningful capital improvements, and immediate rental upside in a high-demand USC-adjacent location.

2621 Juliet, Los Angeles

90007 Homes with Two Levels Stories

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