90007 Homes with Two Levels Stories

10 Beds ⋅ 9 Baths ⋅ 26985791 MLS ⋅ Active Status

Immediate cash flow! Currently leased at $10,543/month through July 2027 with 7.98% cap rate, 9.88 GRM and ADU potential. We are pleased to offer the opportunity to acquire this high yield Duplex, featuring 10-bedroom + 9-bathroom Student Housing investment opportunity, blocks to the University of Southern California (USC). The duplex is approximately 3,630 rentable square feet on a 6,881 square feet lot, was fully remodeled in 2020 with city permit, featuring brand new exterior stucco/paint, completely updated bathrooms with new electrical, plumbing, sewer and gas lines, brand new portable AC systems, and in-unit washer & dryer on each floor. The investment is 100% occupied with students/graduates and fully leased for the 2025-2026 academic school year. With a consistent 100% occupancy rate, this asset offers a low-risk, stable investment with strong potential for continued growth and excellent operating fundamentals. The property generates a gross income of $12,000 per month, with tenants responsible for all utilities, including water/gas/electricity. Additionally, the large 6,881 SF (LARD1.5 zone, TOC Tier 2) lot presents an opportunity for further cash flow enhancement by constructing ADUs. DO NOT DISTURB THE TENANTS. Showing by Appointment only.

2705 S Normandie Avenue, Los Angeles

$975,000

5 Beds ⋅ 2 Baths ⋅ 26985373 MLS ⋅ Active Status

First time on the market in over 20 years! Owned and enjoyed by the same family for over two decades, this rare investment opportunity is ideally located in the highly sought-after University Park neighborhood, just moments from USC. Built in 1903, this residence offers approximately 2,001 sq ft of living space on a 5,930 sq ft lot and is currently configured and used by the current owners as a 5-bedroom, 2-bath income-producing property. The property is currently tenant occupied and will be delivered vacant at the close of escrow. Spacious backyard offers potential for future projects, including a possible ADU or other improvements, subject to buyer verification and applicable approvals. Property is recorded as a single-family residence. Detached garage currently provides additional bonus space; buyer to verify permits, legal use, and all applicable approvals. Buyer to investigate all aspects of the property, including but not limited to permits, current use, rental income, square footage, zoning, development potential, and satisfy themselves through their own due diligence. Ideally located in University Park, one of Los Angeles's most established neighborhoods surrounding USC, with convenient access to Exposition Park, BMO Stadium, Downtown Los Angeles, restaurants, shopping, entertainment, and public transportation. An exceptional opportunity in one of Los Angeles's most desirable investment corridors.

1030 W 20th Street, Los Angeles

$3,250,000

20 Beds ⋅ 11 Baths ⋅ 26914391 MLS ⋅ Active Status

We are pleased to present "The Bryce", a 9-unit, 20-bedroom student housing apartment complex located within the highly desirable Department of Public Safety (DPS) Patrol Zone, approximately one block West of the USC campus & Village. Built in 1965, the property sits on a 6,970 square foot lot with approximately 7,162 square feet of building area and offers 9 gated on-site parking spaces. The property is currently 100% leased and generates $25,000/month of gross income, comprised of $24,850 in scheduled rental income plus approximately $150 in laundry income, representing $300,000 in scheduled annual income. At the offering price, the investment provides an attractive 7.5% current cap rate and a 10.9x current gross rent multiplier (GRM). Approximately $500,000 has been invested in capital improvements for this property. The entire property has been extensively renovated with improvements that include updated kitchens, bathrooms and bedrooms; copper plumbing upgrades; electrical system improvements; double-pane windows; new vinyl plank and tile flooring; new tubs, vanities, mirrors and doors; and updated interior and exterior paint. Additional property improvements include new security camera systems, automated entry gates, repaved and restriped parking areas, and completed seismic retrofits associated with tuck-under parking. The units feature in-unit washers and dryers, and wall-mounted televisions. Tenants are responsible for their utilities, helping to minimize landlord operating expenses. The unit mix consists of (1) studio unit, (3) 2-bedroom +1-bathroom units, (2) 2-bedroom + 2-bathroom units, and (3) 3-bedroom + 1-bathroom units, offering a diversified layout mix suited to a range of student housing preferences.

1287 W 37th Place, Los Angeles

$15,495,000

91 Beds ⋅ 40 Baths ⋅ 26913893 MLS ⋅ Active Status

We are pleased to present The 37th Place Portfolio, a rare opportunity to acquire a five-building, 36-unit, 91-bedroom USC student housing portfolio located within the highly desirable Department of Public Safety (DPS) Patrol Zone, approximately one block west of the USC campus. The portfolio is currently 100% leased for the 20262027 academic year and generates $106,607 in monthly gross income, representing $1,279,284 in scheduled annual income. At the offering price, the portfolio provides an attractive 6.5% current cap rate and a 12x current gross rent multiplier. These strong in-place operating metrics offer investors immediate cash flow from a stabilized student housing portfolio in one of Southern California's most supply-constrained rental markets. Approximately $2.5 million has been invested in capital improvements throughout the portfolio. The entire portfolio has been extensively renovated with improvements that include updated kitchens, bathrooms and bedrooms; copper plumbing upgrades; electrical system improvements; double-pane windows; new vinyl plank and tile flooring; new tubs, vanities, mirrors and doors; and updated interior and exterior paint. Additional property improvements include new security camera systems, automated entry gates, repaved and restriped parking areas, and completed seismic retrofits associated with tuck-under parking.Approximately 90% of the units feature in-unit washers and dryers, approximately 20% are furnished for immediate student occupancy, and units include wall-mounted televisions. Tenants are responsible for their utilities, helping to minimize landlord operating expenses. The portfolio offers a highly functional and spacious unit mix consisting of (1) studio, (1) one-bedroom unit, (15) two-bedroom units, (17) three-bedroom units and (2) four-bedroom units. This diversified configuration is designed to accommodate a broad range of student housing preferences while maximizing the portfolio's 91-bedroom capacity. The portfolio is comprised of five properties located along West 37th Place: 1216 W. 37th Place, 1222 W. 37th Place, 1229 W. 37th Place, 1234 W. 37th Place, & 1287 W. 37th Place. Each of the buildings provide gated on-site parking, and there's approximately 20% upside in potential rents. The 37th Place Portfolio offers residents exceptional proximity to USC's academic buildings, athletic facilities, dining, entertainment and campus amenities. The properties are also conveniently located near Exposition Park, the Los Angeles Memorial Coliseum, L.A. Live, Crypto.com Arena and Downtown Los Angeles.With significant completed capital improvements, strong in-place income, full occupancy for the 20262027 academic year and an irreplaceable location within the DPS Patrol Zone, The 37th Place Portfolio represents a compelling opportunity to acquire a turnkey student housing investment of meaningful scale adjacent to USC.

1216 W 37th Place, Los Angeles

$1,520,000

SR26188591 MLS ⋅ Active Status

GREAT 4-UNIT INVESTMENT & OWNER-OCCUPANT OPPORTUNITY! This well-maintained 4-plex offers an excellent opportunity for an investor or owner-occupant looking to live in the largest unit while generating rental income from the other three units. The property may qualify for residential financing, providing an attractive option for first-time multifamily investors. The four units consist of: (A) 5 bedrooms + 3.25 baths; (B) 3 bedrooms + 1 bath; (C) 2 bedrooms + 1 bath; and (D) 2 bedrooms + 1 bath. The spacious 5-bedroom unit can be made available for a buyer-owner to occupy. The other three units are tenant-occupied, with current monthly rents of $2,000, $2,400, and $750, respectively. Recent improvements include fresh interior and exterior paint and a new shared clothes washer and dryer for resident use. The property offers 5 on-site parking spaces, including 3 assigned spaces and 2 spaces available on a first-come, first-served basis. Each kitchen is equipped with a stove and refrigerator. Conveniently located near USC, the property is well-positioned for the student rental market, offering potential for continued rental demand. According to the owner the property is believed to be in the USC Security Patrol area. For a first-time investor, this is an exceptional opportunity to acquire a multifamily property that provides immediate rental income while offering the flexibility to occupy a spacious unit—without the need to add an ADU. Prospective buyers must set appointments with their agent to show the property - buyers CAN NOT visit property and disturb tenants, directly.

1540 W 28th, Los Angeles

$800,000

3 Beds ⋅ 2 Baths ⋅ 26882371 MLS ⋅ Active Status

Great Investors Delight! Builder, Developer or Owner-user, great opportunity to renovate and explore a duplex configuration, or investigate potential ADU. This is a Large two story house located in the University Park Neighborhood for a Large Family. This location is perfect for USC Students, room to entertain, private backyard fenced in and perfect for kids. This is a 3 bedroom, 2 baths including an added full bathroom without permits, den could be used as a fourth bedroom. Close to transportation. Submit All Offers!!!

1125 W 22nd Street, Los Angeles

$1,520,000

12 Beds ⋅ 7 Baths ⋅ SR26187181 MLS ⋅ Active Status

GREAT 4-UNIT INVESTMENT & OWNER-OCCUPANT OPPORTUNITY! This well-maintained 4-plex offers an excellent opportunity for an investor or owner-occupant looking to live in the largest unit while generating rental income from the other three units. The property may qualify for residential financing, providing an attractive option for first-time multifamily investors. The four units consist of: (A) 5 bedrooms + 3.25 baths; (B) 3 bedrooms + 1 bath; (C) 2 bedrooms + 1 bath; and (D) 2 bedrooms + 1 bath. The spacious 5-bedroom unit can be made available for a buyer-owner to occupy. The other three units are tenant-occupied, with current monthly rents of $2,000, $2,400, and $750, respectively. Recent improvements include fresh interior and exterior paint and a new shared clothes washer and dryer for resident use. The property offers 5 on-site parking spaces, including 3 assigned spaces and 2 spaces available on a first-come, first-served basis. Each kitchen is equipped with a stove and refrigerator. Conveniently located near USC, the property is well-positioned for the student rental market, offering potential for continued rental demand. According to the owner the property is believed to be in the USC Security Patrol area. For a first-time investor, this is an exceptional opportunity to acquire a multifamily property that provides immediate rental income while offering the flexibility to occupy a spacious unit—without the need to add an ADU. Prospective buyers must set appointments with their agent to show the property - buyers CAN NOT visit property and disturb tenants, directly. With the right lender, a buyer-investor may be able to acquire with an FHA loan and a down payment of 5% or less.

1540 W 28th, Los Angeles

$2,000,000

9 Beds ⋅ 5 Baths ⋅ 26856195 MLS ⋅ Active Status

Exceptional 5-Unit Investment Opportunity Near USC University Park. Fantastic opportunity to own a newly upgraded 5-unit income-producing property in the highly desirable University Park area, just minutes from USC, Downtown Los Angeles, and numerous dining, entertainment, and educational amenities. The property features a brand-new rear structure consisting of a 2-bedroom/1-bath duplex plus a separate ADU, adding approximately 2,000 square feet of new construction. Each duplex unit is approximately 800 square feet, while the newly constructed ADU offers approximately 400 square feet of thoughtfully designed living space with modern finishes and appliances. The front building features a spacious duplex, with each unit offering 2 bedrooms and 1 bathroom, providing an attractive mix of unit sizes and layouts for rental income. The newly constructed units feature in-unit washer/dryers, brand-new appliances, air conditioning, and contemporary finishes, offering modern comfort and strong rental appeal. With five total units, substantial new construction, modern amenities, and a prime location near USC, this property presents an excellent opportunity for investors seeking a versatile multifamily asset in one of Los Angeles' high-demand rental markets.

1435 W 22nd Street, Los Angeles

$2,395,000

3 Beds ⋅ 3 Baths ⋅ 26874405 MLS ⋅ Active Status

We are pleased to present 3015 Shrine Pl., a premier development opportunity located in the heart of the USC student housing market, just moments from USC Village and the University of Southern California. Positioned on an expansive 10,071 SF lot with alley access, the property offers developers a rare chance to acquire a large LAR3-zoned site with multiple redevelopment strategies in one of the most supply-constrained areas surrounding USC. The property's LAR3 zoning allows for up to 12 units by right plus ADUs, while its TOC Tier 3 designation provides the potential for up to 23 TOC units, subject to buyer verification. LAR3 development sites of this scale are extremely difficult to find within the USC student housing submarket, creating an attractive opportunity for a developer seeking to build a higher-density project capable of commanding premier student housing rents. At approximately $238 per land square foot, the property offers an attractive entry basis for a large, premium LAR3-zoned development site with TOC Tier 3 incentives in the USC student housing market. Another key advantage is the property's occupancy history. 3015 Shrine Pl. is currently vacant and has not been rented at any point during the past five years, potentially providing a path to redevelopment without replacement affordable housing requirements and allowing for a fully market-rate student housing project, subject to buyer verification. For buyers looking to pursue an alternative strategy, the existing approximately 1,988 SF structure may also provide an opportunity for renovation, expansion, and the addition of further density while retaining the existing improvements. With its substantial lot size, LAR3 zoning, TOC Tier 3 incentives, alley access, favorable vacancy history, compelling land basis, and proximity to USC, 3015 Shrine Pl. offers a unique opportunity to create a significant student housing project in one of the strongest rental pockets surrounding the University.

3015 Shrine Place, Los Angeles

$1,195,000

5 Beds ⋅ 3 Baths ⋅ 26872721 MLS ⋅ Coming Soon Status

HI RES PHOTOS, FLOOR PLAN, DRONE AND WEBSITE COMING SOON. Presenting the historic Bowen House at 2651 Van Buren Place a distinguished 1907 Craftsman built by H.M. Cowper as a spec home and sited in the coveted West Adams Historic District. This lovingly maintained two-story residence features five bedrooms and three baths, a grand formal living room, elegant dining room, and a separate den, and basement all showcasing the timeless charm of early-20th-century Craftsman design. Nestled among 14 other shingle-style homes on the block, the property is listed on the National Register of Historic Places. A rare opportunity to own an iconic piece of Los Angeles architectural history.

2651 Van Buren Place, Los Angeles

$1,200,000

7 Beds ⋅ 5 Baths ⋅ 26871537 MLS ⋅ Active Status

A prime investment property in the heart of University Park, just blocks from USC and the dining, shopping and amenities of USC Village, this lovingly preserved Victorian FOURPLEX pairs original architectural character with established rental income. The property consists of four distinct units, anchored by an expansive 2BD/2BA residence occupying the entire ground floor. Previously owner-occupied and currently vacant, the residence showcases generous proportions and period details throughout ideal for an owner-user or as a valuable addition to the rent roll. Three tenant-occupied units above include a studio currently rented at $884/month, a 1BD/1BA at $1,261/month, and a 2BD/1BA at $1,434/month, generating a combined $3,579 in monthly rental income. A garage with an attached bonus room provides additional space and flexibility, along with a California basement. Set among the architecturally significant homes of University Park, 920 W 20th Street offers a compelling combination of historic character, scale and income opportunity in one of Los Angeles' most storied neighborhoods.

920 W 20th Street, Los Angeles

$1,180,000

8 Beds ⋅ 7 Baths ⋅ TR26177121 MLS ⋅ Active Status

Excellent investment opportunity near USC! This spacious two-story single-family residence offers 8 bedrooms and 7 bathrooms with approximately 2,679 square feet of living space on an approximately 5,099 square foot lot. Built in 2002, the property has been operated as student housing and offers a functional multi-bedroom layout well suited for rental and income-producing use. Conveniently located near the University of Southern California and within the USC Department of Public Safety (DPS) patrol area, the property benefits from its proximity to campus and the strong housing demand surrounding USC. The eight-bedroom configuration provides excellent flexibility for student housing, co-living, or other rental strategies, subject to applicable laws and regulations. With its newer construction compared with many properties in the surrounding neighborhood, generous bedroom count, multiple bathrooms, and established history as a student rental, this property presents an attractive opportunity for investors seeking an income-producing asset in the USC area. Convenient access to USC, Exposition Park, Downtown Los Angeles, public transportation, shopping, dining, and major freeways. A rare opportunity to acquire a large 8-bedroom property near USC with strong rental potential and long-term investment appeal.

3672 S Normandie, Los Angeles

90007 Homes with Two Levels Stories

Newest 90007 Homes with Two Levels Stories