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3000 Kenwood Avenue, Los Angeles

Welcome to 1375 W. 37th Drive, a high-performing student housing investment near the University of Southern California (USC), combining strong in-place income, a proven rental history, and additional upside. The property features 11 bedrooms and 6 bathrooms across two residences, along with 4 on-site parking spaces. The front residence is a renovated 4-bedroom, 2-bathroom home, while the rear 7-bedroom, 4-bathroom residence was built in 2018. Together, the two residences have been successfully operated as rent-by-the-room student housing, currently generating $12,255 per month and $147,060 annually, resulting in a 6.82% current cap rate. One of the property's strongest attributes is its rental track record, with total rental income increasing each of the past four years. The rent-by-the-room configuration has created a proven income stream while still offering additional upside through future rental growth and optimization of the existing bedroom configuration. Additionally, the property is located within the USC DPS Patrol Zone, providing an added benefit for student renters seeking housing near campus. With newer rear construction, a renovated front residence, four parking spaces, and an established history as a student rental, 1375 W. 37th Drive offers a compelling combination of current yield and future upside in the USC rental market, with convenient access to USC, USC Village, Exposition Park, and the Metro E Line.

11 Beds ⋅ 6 Baths ⋅ 26997821 MLS ⋅ Active Status

Welcome to 1375 W. 37th Drive, a high-performing student housing investment near the University of Southern California (USC), combining strong in-place income, a proven rental history, and additional upside. The property features 11 bedrooms and 6 bathrooms across two residences, along with 4 on-site parking spaces. The front residence is a renovated 4-bedroom, 2-bathroom home, while the rear 7-bedroom, 4-bathroom residence was built in 2018. Together, the two residences have been successfully operated as rent-by-the-room student housing, currently generating $12,255 per month and $147,060 annually, resulting in a 6.82% current cap rate. One of the property's strongest attributes is its rental track record, with total rental income increasing each of the past four years. The rent-by-the-room configuration has created a proven income stream while still offering additional upside through future rental growth and optimization of the existing bedroom configuration. Additionally, the property is located within the USC DPS Patrol Zone, providing an added benefit for student renters seeking housing near campus. With newer rear construction, a renovated front residence, four parking spaces, and an established history as a student rental, 1375 W. 37th Drive offers a compelling combination of current yield and future upside in the USC rental market, with convenient access to USC, USC Village, Exposition Park, and the Metro E Line.

1375 W 37th Drive, Los Angeles

$1,250,000

2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park. The 2-story building has the character of a vintage Spanish-style property, with mature landscaping, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property larger floor plans that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference represents approx. 74% rental upside, with projected market performance of a 10.87% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park approx. 1.1 miles from USC, USC Village, and Exposition Park. That places the property within a compact radius of campus employment, dining, retail, museums, sports, and cultural destinations including the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art. With USC, USC Village, and Exposition Park just over a mile away, 2717 S. Budlong sits close to a concentration of education, employment, culture, and activity that gives the property a meaningful connection to the surrounding area. The larger 2-bdrm. floor plans and substantial rental upside add to a property that feels both residential in character and well positioned for long-term income growth.

14 Beds ⋅ 8 Baths ⋅ 26996775 MLS ⋅ Active Status

2717 S. Budlong Ave is an 8-unit property in University Park, offered at $1,250,000 with approx. 74% rental upside. Built in 1931, the property totals approx. 7,318 SF on a 7,775 SF lot and includes (6) 2-bdrm./1-bath units and (2) 1-bdrm./1-bath units. At $156,250 per unit and $171 per SF, the property is positioned at a relatively accessible basis for an 8-unit building this close to USC and Exposition Park. The 2-story building has the character of a vintage Spanish-style property, with mature landscaping, distinctive architectural details, and 8 on-site parking spaces at the rear. Six of the eight units are 2-bdrm. apartments, giving the property larger floor plans that can work well for roommates, students, or young families. Current monthly income totals approx. $9,569, compared with projected market income of approx. $16,610 per month. That difference represents approx. 74% rental upside, with projected market performance of a 10.87% CAP and 6.27 GRM. Located directly across from Elinor and Don Richardson Family Park, 2717 S. Budlong sits in a residential pocket of University Park approx. 1.1 miles from USC, USC Village, and Exposition Park. That places the property within a compact radius of campus employment, dining, retail, museums, sports, and cultural destinations including the Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and the Lucas Museum of Narrative Art. With USC, USC Village, and Exposition Park just over a mile away, 2717 S. Budlong sits close to a concentration of education, employment, culture, and activity that gives the property a meaningful connection to the surrounding area. The larger 2-bdrm. floor plans and substantial rental upside add to a property that feels both residential in character and well positioned for long-term income growth.

2717 S Budlong Avenue, Los Angeles

$969,000

*Passive investment or partial owner occupied rental property opportunity* Two 1 bedroom, 1 bathroom units downstairs with a 3 bedroom, 2 bathroom unit upstairs. Located blocks away from the 110 freeway for easy access to Downtown LA.

5 Beds ⋅ 4 Baths ⋅ 26995147 MLS ⋅ Active Status

*Passive investment or partial owner occupied rental property opportunity* Two 1 bedroom, 1 bathroom units downstairs with a 3 bedroom, 2 bathroom unit upstairs. Located blocks away from the 110 freeway for easy access to Downtown LA.

1956 Magnolia Avenue, Los Angeles

$1,350,000

We are pleased to present 1318 W. 35th Place, a 3-unit student housing and redevelopment investment located within the prestigious DPS patrol zone and within walking distance to the Campus and USC Village. The property will be delivered 100% vacant, providing an investor with the flexibility to immediately renovate, reposition, lease, or redevelop the asset. The investment is situated on an approximately 6,803-square-foot LARD1.5-zoned lot and features three spacious residences totaling 7-bedrooms and 5-bathrooms across approximately 2,879 square feet. The unit mix consists of (1) 4-bedroom + 3-bathroom unit, (1) 1-bedroom + 1-bathroom unit, and (1) 2-bedroom + 1-bathroom unit. The property will be delivered 100% vacant and fully furnished, providing a new owner with a turnkey opportunity to immediately lease the units to USC students at market rents. Based on projected rents, the existing unit mix offers the potential to generate approximately $10,000 in monthly gross rental income following lease-up. The property offers convenient access to USC Village, Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, the California Science Center, dining, shopping, and the Metro E Line.With 100% vacant delivery, a flexible existing unit mix, strong projected rental potential, and multiple value-add and redevelopment strategies, 1318 W. 35th Place represents a compelling opportunity to acquire a well-located student housing investment in the highly desirable USC submarket. Please contact the listing agent for the financial analysis and executive summary.

7 Beds ⋅ 5 Baths ⋅ 26990815 MLS ⋅ Active Status

We are pleased to present 1318 W. 35th Place, a 3-unit student housing and redevelopment investment located within the prestigious DPS patrol zone and within walking distance to the Campus and USC Village. The property will be delivered 100% vacant, providing an investor with the flexibility to immediately renovate, reposition, lease, or redevelop the asset. The investment is situated on an approximately 6,803-square-foot LARD1.5-zoned lot and features three spacious residences totaling 7-bedrooms and 5-bathrooms across approximately 2,879 square feet. The unit mix consists of (1) 4-bedroom + 3-bathroom unit, (1) 1-bedroom + 1-bathroom unit, and (1) 2-bedroom + 1-bathroom unit. The property will be delivered 100% vacant and fully furnished, providing a new owner with a turnkey opportunity to immediately lease the units to USC students at market rents. Based on projected rents, the existing unit mix offers the potential to generate approximately $10,000 in monthly gross rental income following lease-up. The property offers convenient access to USC Village, Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the Natural History Museum, the California Science Center, dining, shopping, and the Metro E Line.With 100% vacant delivery, a flexible existing unit mix, strong projected rental potential, and multiple value-add and redevelopment strategies, 1318 W. 35th Place represents a compelling opportunity to acquire a well-located student housing investment in the highly desirable USC submarket. Please contact the listing agent for the financial analysis and executive summary.

1318 W 35th Place, Los Angeles

$2,000,000

TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades, this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location. The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint. Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today’s rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal. A particularly valuable feature is the property’s approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location. Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset. A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles’ most prominent educational, employment, and cultural centers.

PW26203876 MLS ⋅ Active Status

TURNKEY SPANISH REVIVAL FOUR-UNIT | PRIME USC & DOWNTOWN LA LOCATION Exceptional opportunity to acquire a fully renovated four-unit Spanish Revival property dating back to 1923, strategically positioned approximately one mile from USC, Downtown Los Angeles, Crypto Center, LA Coliseum and cultural museams. Combining historic architectural character with extensive modern upgrades, this 4,864-square-foot multifamily property offers an attractive turnkey investment opportunity in a highly sought-after urban location. The property features four generously sized 2-bedroom, 1-bath units, each approximately 1,200 square feet. Every unit has been thoughtfully renovated with modern finishes and infrastructure, including new electrical wiring, new plumbing, a new roof, tankless water heaters, mini-split HVAC systems, Cat6 wiring, new lighting and fixtures, new cabinetry, and fresh interior and exterior paint. Each residence also offers its own dedicated laundry area with hookups for a stackable washer and dryer, providing an important amenity for today’s rental market. The spacious floor plans, modern systems, and individual unit amenities create a compelling combination of functionality and tenant appeal. A particularly valuable feature is the property’s approximately 10 rear parking spaces, complemented by additional street parking. The substantial off-street parking is an uncommon and highly desirable asset in this location. Situated on an approximately 6,750-square-foot lot, the property offers convenient access to USC, Downtown LA, major employment centers, dining, entertainment, transportation, and numerous urban amenities. Its proximity to major institutions and employment hubs makes this a compelling location for investors seeking a well-positioned multifamily asset. A rare opportunity to acquire a substantially renovated historic multifamily property offering scale, parking, modern infrastructure, and an exceptional location near one of Los Angeles’ most prominent educational, employment, and cultural centers.

2220 Raymond, Los Angeles

$2,557,500

Exciting opportunity to acquire a fully renovated AND 100% student-occupied ('26-'27), off-campus student housing 4plex. Located near the coveted University of Southern California's west side entrance on Downey Way, the property offers four spacious 3-bedroom, 3-bathroom units for a total of 12 bedrooms and 12 bathrooms, with each bedroom featuring its own private ensuite bath. This 3-bed/3-bath configuration is one of the most sought-after layouts in the student housing market as every resident gets a fully private bedroom and bathroom, eliminating the shared-bath friction. The moderate, four-unit scale strikes an ideal balance between privacy and community: small enough that residents aren't forced to share excessive common space or navigate conflict with a large roster of unfamiliar housemates. It's a layout that lets tenants control their own space while still having the option to connect with roommates, exactly the balance today's graduate and upper-undergrad student renters are actively seeking. Extensively renovated down to the studs in 2019, the building includes major upgrades to electrical, plumbing, drywall, flooring, kitchens, appliances, paint, lighting, and more delivering a modern, low-maintenance asset for the next owner. Interiors were thoughtfully designed for student living with generously sized bedrooms, built-in mirrored closets, large windows, modern vinyl-plank flooring, and functional shared living spaces that reinforce this privacy-meets-community appeal. Property amenities include fully gated premises, 24-hour exterior surveillance cameras, five assigned rear parking spaces with automatic gate access, a dedicated app-based laundry room for added income, and an owner/storage room for management supplies or potential tenant use. Upstairs units feature central heating and air conditioning, while downstairs units include mini-split systems in each bedroom and living area. All units are individually metered for gas and electricity, allowing future ownership flexibility to pass through utility costs or structure an attractive all-inclusive rent. The property has historically achieved 100% occupancy, supported by consistent demand for quality off-campus housing near USC and has been independently managed by the owners. New owners have the option to continue self-managing or contract one of many local student-housing management companies, and professionalize operations, optimize rents, and build on an already proven housing model. Additional upside includes approximately seven bedrooms that may function as doubles to help maximize rental income, plus potential by-right development of 2 to 3 additional units totaling an extra estimated 2,800 - 3,500 square feet. Minimal landscaping and low ongoing maintenance needs further support immediate cash-flow potential. Situated within the USC-DPS patrol zone, it is close enough for residents to walk, bike, or scooter to campus while remaining just outside the busiest corridors, this asset combines location, layout, renovations, and income upside in one of Los Angeles' most resilient student housing submarkets.

12 Beds ⋅ 12 Baths ⋅ 26989449 MLS ⋅ Active Status

Exciting opportunity to acquire a fully renovated AND 100% student-occupied ('26-'27), off-campus student housing 4plex. Located near the coveted University of Southern California's west side entrance on Downey Way, the property offers four spacious 3-bedroom, 3-bathroom units for a total of 12 bedrooms and 12 bathrooms, with each bedroom featuring its own private ensuite bath. This 3-bed/3-bath configuration is one of the most sought-after layouts in the student housing market as every resident gets a fully private bedroom and bathroom, eliminating the shared-bath friction. The moderate, four-unit scale strikes an ideal balance between privacy and community: small enough that residents aren't forced to share excessive common space or navigate conflict with a large roster of unfamiliar housemates. It's a layout that lets tenants control their own space while still having the option to connect with roommates, exactly the balance today's graduate and upper-undergrad student renters are actively seeking. Extensively renovated down to the studs in 2019, the building includes major upgrades to electrical, plumbing, drywall, flooring, kitchens, appliances, paint, lighting, and more delivering a modern, low-maintenance asset for the next owner. Interiors were thoughtfully designed for student living with generously sized bedrooms, built-in mirrored closets, large windows, modern vinyl-plank flooring, and functional shared living spaces that reinforce this privacy-meets-community appeal. Property amenities include fully gated premises, 24-hour exterior surveillance cameras, five assigned rear parking spaces with automatic gate access, a dedicated app-based laundry room for added income, and an owner/storage room for management supplies or potential tenant use. Upstairs units feature central heating and air conditioning, while downstairs units include mini-split systems in each bedroom and living area. All units are individually metered for gas and electricity, allowing future ownership flexibility to pass through utility costs or structure an attractive all-inclusive rent. The property has historically achieved 100% occupancy, supported by consistent demand for quality off-campus housing near USC and has been independently managed by the owners. New owners have the option to continue self-managing or contract one of many local student-housing management companies, and professionalize operations, optimize rents, and build on an already proven housing model. Additional upside includes approximately seven bedrooms that may function as doubles to help maximize rental income, plus potential by-right development of 2 to 3 additional units totaling an extra estimated 2,800 - 3,500 square feet. Minimal landscaping and low ongoing maintenance needs further support immediate cash-flow potential. Situated within the USC-DPS patrol zone, it is close enough for residents to walk, bike, or scooter to campus while remaining just outside the busiest corridors, this asset combines location, layout, renovations, and income upside in one of Los Angeles' most resilient student housing submarkets.

1273 W 36th Place, Los Angeles

$1,249,900

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.

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

$950,000

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.

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

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.

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

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.

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

$800,000

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!!!

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

$2,000,000

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.

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

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.

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

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 four bathrooms, a grand formal living room, elegant dining room, and a separate den, and basement with washer/dryer. One of the downstairs rear bedrooms is now a self-contained suite with private full bathroom, kitchenette with its own washer/dryer hook-up with separate entrance, ideal for RENTAL INCOME, an in-law suite, or private guest quarters. The fenestration on both floors allows for sun-drenched lighting throughout the house, all showcasing the timeless charm of early-20th-century Craftsman design. Embrace the spirit of the Arts & Crafts era in this remarkable turn-of-the-century home, where original details meet opportunity! Nestled among 14 other shingle-style homes on the block, the property is listed on the National Register of Historic Places. Great parks to visit in the West Adams district of Los Angeles include Benny H. Potter West Adams Avenues Memorial Park and Leslie N. Shaw Park, offering accessible play areas, green spaces, and community recreation programs. A rare opportunity to own an iconic piece of Los Angeles architectural history. Please note: Because the Van Buren Historic district is listed on the National Register of Historic Places and sits within the city's Adams-Normandie Historic Preservation Overlay Zone (HPOZ), individual properties MAY (not a guarantee) qualify for tax relief. Please do your own due diligence.

5 Beds ⋅ 4 Baths ⋅ 26872721 MLS ⋅ Active Status

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 four bathrooms, a grand formal living room, elegant dining room, and a separate den, and basement with washer/dryer. One of the downstairs rear bedrooms is now a self-contained suite with private full bathroom, kitchenette with its own washer/dryer hook-up with separate entrance, ideal for RENTAL INCOME, an in-law suite, or private guest quarters. The fenestration on both floors allows for sun-drenched lighting throughout the house, all showcasing the timeless charm of early-20th-century Craftsman design. Embrace the spirit of the Arts & Crafts era in this remarkable turn-of-the-century home, where original details meet opportunity! Nestled among 14 other shingle-style homes on the block, the property is listed on the National Register of Historic Places. Great parks to visit in the West Adams district of Los Angeles include Benny H. Potter West Adams Avenues Memorial Park and Leslie N. Shaw Park, offering accessible play areas, green spaces, and community recreation programs. A rare opportunity to own an iconic piece of Los Angeles architectural history. Please note: Because the Van Buren Historic district is listed on the National Register of Historic Places and sits within the city's Adams-Normandie Historic Preservation Overlay Zone (HPOZ), individual properties MAY (not a guarantee) qualify for tax relief. Please do your own due diligence.

2651 Van Buren Place, Los Angeles

$1,095,000

A prime FOURPLEX investment opportunity in the heart of University Park, just blocks from USC and USC Village, offering approximately $83,940.00 in projected annual gross rental income when fully leased at projected market rents. 2 units are currently VACANT, creating immediate upside through lease-up at projected rents or the option to occupy the expansive owner's residence.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 features generous proportions and original period details throughout. Upstairs are three additional units: a vacant studio, a 1BD/1BA currently rented at $1,261/month, and a 2BD/1BA currently rented at $1,434/month. The 1BD/1BA is expected to become vacant in December, creating additional opportunity for a new owner to reposition rents. The two currently occupied units generate $2,695/month in existing rental income.A garage with an attached bonus room and a California basement provide additional utility and flexibility. Set among the architecturally significant homes of University Park, the property combines historic character, existing income and significant rental upside in a location convenient to USC, USC Village, dining, shopping and neighborhood amenities.

7 Beds ⋅ 5 Baths ⋅ 26871537 MLS ⋅ Active Status

A prime FOURPLEX investment opportunity in the heart of University Park, just blocks from USC and USC Village, offering approximately $83,940.00 in projected annual gross rental income when fully leased at projected market rents. 2 units are currently VACANT, creating immediate upside through lease-up at projected rents or the option to occupy the expansive owner's residence.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 features generous proportions and original period details throughout. Upstairs are three additional units: a vacant studio, a 1BD/1BA currently rented at $1,261/month, and a 2BD/1BA currently rented at $1,434/month. The 1BD/1BA is expected to become vacant in December, creating additional opportunity for a new owner to reposition rents. The two currently occupied units generate $2,695/month in existing rental income.A garage with an attached bonus room and a California basement provide additional utility and flexibility. Set among the architecturally significant homes of University Park, the property combines historic character, existing income and significant rental upside in a location convenient to USC, USC Village, dining, shopping and neighborhood amenities.

920 W 20th Street, Los Angeles

$1,090,000

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.

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

$1,125,000

***DELIVERED VACANT*** Excellent duplex opportunity in the heart of Los Angeles! Located at 1503 W. Adams Blvd, this income-producing property features two spacious units, each offering 3 bedrooms and 2 bathrooms. Ideal for an owner-user looking to live in one unit and generate rental income from the other or for an investor seeking a strong income-producing property in a high-demand area. Both units offer generous open-concept living and dining areas, functional kitchens with ample cabinet and countertop space, and well-sized bedrooms. Recent updates include refreshed interior paint, modern neutral finishes, updated lighting, and attractive flooring that creates a bright and inviting feel throughout. The property also features a long driveway leading to four parking spaces and storage shed. Each unit also features its own indoor washer and dryer hookups, providing added comfort and functionality for tenants or owner-occupants. Centrally located with easy access to shopping, dining, schools, parks, public transportation, and major freeways, this property offers convenience and excellent rental appeal. Don't miss this fantastic opportunity to own a versatile duplex in a prime Los Angeles location!

6 Beds ⋅ 4 Baths ⋅ IV26172953 MLS ⋅ Active Status

***DELIVERED VACANT*** Excellent duplex opportunity in the heart of Los Angeles! Located at 1503 W. Adams Blvd, this income-producing property features two spacious units, each offering 3 bedrooms and 2 bathrooms. Ideal for an owner-user looking to live in one unit and generate rental income from the other or for an investor seeking a strong income-producing property in a high-demand area. Both units offer generous open-concept living and dining areas, functional kitchens with ample cabinet and countertop space, and well-sized bedrooms. Recent updates include refreshed interior paint, modern neutral finishes, updated lighting, and attractive flooring that creates a bright and inviting feel throughout. The property also features a long driveway leading to four parking spaces and storage shed. Each unit also features its own indoor washer and dryer hookups, providing added comfort and functionality for tenants or owner-occupants. Centrally located with easy access to shopping, dining, schools, parks, public transportation, and major freeways, this property offers convenience and excellent rental appeal. Don't miss this fantastic opportunity to own a versatile duplex in a prime Los Angeles location!

1503 W Adams, Los Angeles

$1,250,000

Welcome to 1943 Estrella Ave, a charming early-20th-century four-unit multifamily property ideally positioned in the heart of University Park, one of Los Angeles' most established and dynamic neighborhoods. Originally built in 1903, timeless architectural character combined with exceptional long-term investment potential. Close proximity, university of southern California is one of Los Angeles' most vibrant educational and cultural districts, blending historic architecture with modern urban conveniences. The neighborhood is known for its walkability, diverse dining scene, and proximity to world-class museums, sports venues, and entertainment. Other nearby destinations include California Science Center, Natural History Museum of Los Angeles County, BMO Stadium (LAFC), Los Angeles Memorial Coliseum, USC Village featuring Trader Joe's, Target, restaurants, cafés, and retail shopping, Downtown Los Angeles business and entertainment districts. Area provides easy access to the I-10 and I-110 Freeways, Metro E line and numerous bus routes, approximately 10 minutes to Downtown Los Angeles and Culver City / Santa Monica via Metro or Freeway. University Park offers a unique combination of historic homes, academic growth, museums, sporting activities and cultural attractions.

8 Beds ⋅ 4 Baths ⋅ IV26164832 MLS ⋅ Active Status

Welcome to 1943 Estrella Ave, a charming early-20th-century four-unit multifamily property ideally positioned in the heart of University Park, one of Los Angeles' most established and dynamic neighborhoods. Originally built in 1903, timeless architectural character combined with exceptional long-term investment potential. Close proximity, university of southern California is one of Los Angeles' most vibrant educational and cultural districts, blending historic architecture with modern urban conveniences. The neighborhood is known for its walkability, diverse dining scene, and proximity to world-class museums, sports venues, and entertainment. Other nearby destinations include California Science Center, Natural History Museum of Los Angeles County, BMO Stadium (LAFC), Los Angeles Memorial Coliseum, USC Village featuring Trader Joe's, Target, restaurants, cafés, and retail shopping, Downtown Los Angeles business and entertainment districts. Area provides easy access to the I-10 and I-110 Freeways, Metro E line and numerous bus routes, approximately 10 minutes to Downtown Los Angeles and Culver City / Santa Monica via Metro or Freeway. University Park offers a unique combination of historic homes, academic growth, museums, sporting activities and cultural attractions.

1943 Estrella Avenue, Los Angeles

$4,150,000

We are pleased to present 2647-2649 Ellendale Place, a turnkey five-unit, 20-bed student housing investment located within a ten-minute walk of the University of Southern California set on one of the most coveted residential streets north of campus. The property pairs a fully renovated eight-bedroom residence with four newly constructed three-bedroom ADUs, offering a rare blend of stabilized cash flow, modern construction, and a location that simply does not come to market often. Ellendale Place sits in the heart of the north-of-campus corridor, the section of the USC neighborhood students seek out first. It is a wide, tree-lined double-wide boulevard with established character that sets it apart from the denser product west of campus, and its blocks are almost entirely owner-held for the long term. Listings here are genuinely scarce properties on Ellendale Place rarely trade, and when they do, they move quickly to buyers who have been waiting for the opportunity. That scarcity underpins consistently strong tenant demand, premium rents, faster lease-up, and durable long-term occupancy. The property totals approximately 8,344 gross square feet on an 11,770-square-foot lot. The front eight-bedroom, seven-bath residence was completely rebuilt in 2014 with new plumbing, electrical, HVAC, windows, recessed lighting, and modern systems throughout. Complementing it are four newly constructed three-bedroom, three-bath townhomes, each with contemporary finishes and in-unit laundry a low-maintenance asset with significant new-construction value. Offered at $4,150,000 approximately $497 per square foot and $207,500 per bed the property delivers a 7.09% cap rate and 10.29 gross rent multiplier on income that is already fully pre-leased for the 2026-2027 academic year. Annual in-place rental income of approximately $403,244 closely aligns with estimated market rents, giving ownership stable, predictable cash flow from day one without relying on future lease-up assumptions or value-add execution. USC remains one of Los Angeles' strongest and most resilient demand drivers, with roughly 65% of students living in privately owned off-campus housing due to limited university supply. Residents on this side of campus enjoy fast access to USC, USC Village, libraries, dining, fitness facilities, and everyday retail a durable renter base that has proven resilient through changing market conditions. Continued investment in enrollment and campus expansion is expected to further increase demand for quality off-campus housing, reinforcing long-term occupancy and rental growth. The substantial new-construction component also provides meaningful tax planning opportunities. Under current federal legislation restoring 100% bonus depreciation, buyers may utilize a cost segregation study to accelerate depreciation on qualifying components, potentially generating significant first-year deductions and enhancing after-tax returns.

20 Beds ⋅ 19 Baths ⋅ 26864749 MLS ⋅ Active Status

We are pleased to present 2647-2649 Ellendale Place, a turnkey five-unit, 20-bed student housing investment located within a ten-minute walk of the University of Southern California set on one of the most coveted residential streets north of campus. The property pairs a fully renovated eight-bedroom residence with four newly constructed three-bedroom ADUs, offering a rare blend of stabilized cash flow, modern construction, and a location that simply does not come to market often. Ellendale Place sits in the heart of the north-of-campus corridor, the section of the USC neighborhood students seek out first. It is a wide, tree-lined double-wide boulevard with established character that sets it apart from the denser product west of campus, and its blocks are almost entirely owner-held for the long term. Listings here are genuinely scarce properties on Ellendale Place rarely trade, and when they do, they move quickly to buyers who have been waiting for the opportunity. That scarcity underpins consistently strong tenant demand, premium rents, faster lease-up, and durable long-term occupancy. The property totals approximately 8,344 gross square feet on an 11,770-square-foot lot. The front eight-bedroom, seven-bath residence was completely rebuilt in 2014 with new plumbing, electrical, HVAC, windows, recessed lighting, and modern systems throughout. Complementing it are four newly constructed three-bedroom, three-bath townhomes, each with contemporary finishes and in-unit laundry a low-maintenance asset with significant new-construction value. Offered at $4,150,000 approximately $497 per square foot and $207,500 per bed the property delivers a 7.09% cap rate and 10.29 gross rent multiplier on income that is already fully pre-leased for the 2026-2027 academic year. Annual in-place rental income of approximately $403,244 closely aligns with estimated market rents, giving ownership stable, predictable cash flow from day one without relying on future lease-up assumptions or value-add execution. USC remains one of Los Angeles' strongest and most resilient demand drivers, with roughly 65% of students living in privately owned off-campus housing due to limited university supply. Residents on this side of campus enjoy fast access to USC, USC Village, libraries, dining, fitness facilities, and everyday retail a durable renter base that has proven resilient through changing market conditions. Continued investment in enrollment and campus expansion is expected to further increase demand for quality off-campus housing, reinforcing long-term occupancy and rental growth. The substantial new-construction component also provides meaningful tax planning opportunities. Under current federal legislation restoring 100% bonus depreciation, buyers may utilize a cost segregation study to accelerate depreciation on qualifying components, potentially generating significant first-year deductions and enhancing after-tax returns.

2647 Ellendale Place, Los Angeles

$950,000

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.

5 Beds ⋅ 2 Baths ⋅ 26862261 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

$875,000

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.

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

$7,950,000

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.

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

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.

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

$1,495,000

Savvy investors, don't miss this turnkey property with 7.8 cap 10.5 GRM performance. This historic Quadruplex is located a mile from USC Village, and has great access to USC transportation, the Metro Expo Line, freeways and City transportation. The units are attached with two downstairs and two upstairs, and each is about 1100 SF. Units have all been remodeled and updated and have 4 bedrooms and 2 baths for a total of 16 bedrooms and 8 baths. The units have tankless water heaters, central AC/heat, laundry machines, fully equipped kitchens and furnished common spaces. Each unit is separately metered for gas and electricity. Furnished bedrooms are rented primarily to students with furnished living rooms and well-appointed kitchens.

16 Beds ⋅ 8 Baths ⋅ 26837881 MLS ⋅ Active Status

Savvy investors, don't miss this turnkey property with 7.8 cap 10.5 GRM performance. This historic Quadruplex is located a mile from USC Village, and has great access to USC transportation, the Metro Expo Line, freeways and City transportation. The units are attached with two downstairs and two upstairs, and each is about 1100 SF. Units have all been remodeled and updated and have 4 bedrooms and 2 baths for a total of 16 bedrooms and 8 baths. The units have tankless water heaters, central AC/heat, laundry machines, fully equipped kitchens and furnished common spaces. Each unit is separately metered for gas and electricity. Furnished bedrooms are rented primarily to students with furnished living rooms and well-appointed kitchens.

1431 W 24th Street, Los Angeles

$1,275,000

Large 8bed/3bath house plus converted garage to 1bed/1bath, big bedrooms, gated. North Campus inside USC Security Zone, walk to USC, USC Village, Staples Center, Metro. Delivered vacant. Do not disturb occupants!

9 Beds ⋅ 4 Baths ⋅ 26830411 MLS ⋅ Active Status

Large 8bed/3bath house plus converted garage to 1bed/1bath, big bedrooms, gated. North Campus inside USC Security Zone, walk to USC, USC Village, Staples Center, Metro. Delivered vacant. Do not disturb occupants!

1981 Estrella Avenue, Los Angeles

$2,885,000

We are proud to present the exclusive opportunity to acquire this beautifully updated, modern 9-unit, 18-bedroom student housing apartment complex located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC) & University Village. This turnkey investment has undergone approximately $400,000 in recent capital improvements, creating a high-quality, low-maintenance asset positioned for long-term stability. Upgrades include new hardwood and vinyl flooring throughout, modern kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, toilets, tubs, and tile finishes, and fresh interior and exterior paint. Major building systems have also been replaced or enhanced, including a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. Additional improvements include a secured entry gate for resident safety and the completed Los Angeles mandated earthquake retrofit, featuring foundation anchoring, shear wall reinforcement, and steel frame strengthening for full seismic compliance. Each unit features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures, showcasing modern finishes and thoughtful design throughout. The property is individually metered for gas, electricity, and water, reducing ownership expenses and improving efficiency. The building totals 6,734 rentable square feet on a 7,250-square-foot lot, consisting of (1) one-bedroom + one-bathroom unit, (1) three-bedroom + one-bathroom unit, and (7) two-bedroom + one-bathroom units. Each unit offers a spacious layout ideal for student tenants.The property is 100% occupied with USC students and fully leased for the 20252026 academic year, generating a gross income of $20,255 per month. With parental guarantees on leases and a consistent record of near 100% occupancy, the asset represents a low-risk, turnkey investment offering stable returns and strong operating fundamentals. Priced at a 6.75% cap rate and 12x GRM, this property delivers both dependable cash flow and long-term appreciation potential in one of Los Angeles' most sought-after rental markets. Additional amenities include on-site laundry facilities for supplemental income and secure gated access for enhanced resident safety.

18 Beds ⋅ 16 Baths ⋅ 26671171 MLS ⋅ Active Status

We are proud to present the exclusive opportunity to acquire this beautifully updated, modern 9-unit, 18-bedroom student housing apartment complex located within the highly desirable DPS Patrol Zone, just a block from the University of Southern California (USC) & University Village. This turnkey investment has undergone approximately $400,000 in recent capital improvements, creating a high-quality, low-maintenance asset positioned for long-term stability. Upgrades include new hardwood and vinyl flooring throughout, modern kitchen and bathroom cabinetry, quartz countertops, stainless steel appliances, new bathroom vanities, toilets, tubs, and tile finishes, and fresh interior and exterior paint. Major building systems have also been replaced or enhanced, including a new roof, new copper plumbing, dual-pane energy-efficient windows, a high-efficiency central water heater, and a complete sewer line replacement with PVC piping. Additional improvements include a secured entry gate for resident safety and the completed Los Angeles mandated earthquake retrofit, featuring foundation anchoring, shear wall reinforcement, and steel frame strengthening for full seismic compliance. Each unit features furnished bedrooms, stainless steel appliances, quartz countertops, and tiled showers with glass enclosures, showcasing modern finishes and thoughtful design throughout. The property is individually metered for gas, electricity, and water, reducing ownership expenses and improving efficiency. The building totals 6,734 rentable square feet on a 7,250-square-foot lot, consisting of (1) one-bedroom + one-bathroom unit, (1) three-bedroom + one-bathroom unit, and (7) two-bedroom + one-bathroom units. Each unit offers a spacious layout ideal for student tenants.The property is 100% occupied with USC students and fully leased for the 20252026 academic year, generating a gross income of $20,255 per month. With parental guarantees on leases and a consistent record of near 100% occupancy, the asset represents a low-risk, turnkey investment offering stable returns and strong operating fundamentals. Priced at a 6.75% cap rate and 12x GRM, this property delivers both dependable cash flow and long-term appreciation potential in one of Los Angeles' most sought-after rental markets. Additional amenities include on-site laundry facilities for supplemental income and secure gated access for enhanced resident safety.

1250 W 37th Street, Los Angeles

$1,850,000

RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena. CURRENT CAP RATE 6.04 % / CURRENT GRM 9.8 PRO FORMA CAP RATE 11.49 % / PRO FORMA GRM 6.4

16 Baths ⋅ 26653611 MLS ⋅ Active Status

RENTAL INCOME: $187,968.00 per year / $15,664.00 per month. Excellent opportunity to acquire a 16-unit apartment building in the West Adams district of Los Angeles by USC at a $115,625.00 cost per unit and $229.47 cost per square foot. This 8,062 sq. ft. building resides on a 6,801 sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry that brings in approximately $425.00 of additional monthly income. This "bread and butter" building has tremendous upside potential and is perfect for the investor looking to add more units in a great area to their portfolio and an excellent opportunity for a 1031 exchange buyer. Potential future student housing. Positioned in the northwest area of the 90007 zip code, 1.8 miles from USC, 2.5 miles from The Crypto.com Arena. CURRENT CAP RATE 6.04 % / CURRENT GRM 9.8 PRO FORMA CAP RATE 11.49 % / PRO FORMA GRM 6.4

2327 S Budlong Avenue, Los Angeles

$1,459,900

Proudly presenting this splendid 6-unit apartment building for sale in the heart of USC LA. Exceptional investment opportunity with substantial potential. Location, location, location!!! Superbly located smack dab within the USC DPS-designated University Park Campus Patrol Zone, subject property sits just minutes walking distance away from USC West Gate. Brand new sixth unit has been constructed as of January 2026, adding two spacious bedrooms and a full bath, in addition to a private laundry area; of course, this freshly built unit also includes brand new appliances as well. Two other units have been beautifully and contemporarily remodeled, with each unit boasting new features including laminate/tile flooring, cabinets/countertops/backsplash, appliances, in addition to their own private, stackable washer & dryer. Considerable rental upside still remains in three units that have yet to be remodeled. Half of the units are bringing in below-market rent, so the upside and potential are tantalizing. All water lines have been immaculately re-piped with copper piping. Easy maintenance and low upkeep costs are just the cherries-on-top.

11 Beds ⋅ 6 Baths ⋅ 23246961 MLS ⋅ Active Status

Proudly presenting this splendid 6-unit apartment building for sale in the heart of USC LA. Exceptional investment opportunity with substantial potential. Location, location, location!!! Superbly located smack dab within the USC DPS-designated University Park Campus Patrol Zone, subject property sits just minutes walking distance away from USC West Gate. Brand new sixth unit has been constructed as of January 2026, adding two spacious bedrooms and a full bath, in addition to a private laundry area; of course, this freshly built unit also includes brand new appliances as well. Two other units have been beautifully and contemporarily remodeled, with each unit boasting new features including laminate/tile flooring, cabinets/countertops/backsplash, appliances, in addition to their own private, stackable washer & dryer. Considerable rental upside still remains in three units that have yet to be remodeled. Half of the units are bringing in below-market rent, so the upside and potential are tantalizing. All water lines have been immaculately re-piped with copper piping. Easy maintenance and low upkeep costs are just the cherries-on-top.

3568 S Budlong Avenue, Los Angeles

$1,289,000

Here is a great investors opportunity looking for USC students housing or a large family looking for extra rooms. This house is located in the Historical West Adams District, the gated 7 Bedroom 4 Bath 2,016 Square foot home has been totally renovated throughout. Plus an extra guest house separate from main house. Great potential for a good size ADU. This property is within USC Patrol Zone. Zoning LAR2. The property is short distance from USC campus, village and many attractions such as, Exposition Park, Lucas Museum of Narrative Art, LA Memorial Coliseum, Natural History Museum, California Science Center, BMO Stadium and more.

7 Beds ⋅ 4 Baths ⋅ SR26006121 MLS ⋅ Active Status

Here is a great investors opportunity looking for USC students housing or a large family looking for extra rooms. This house is located in the Historical West Adams District, the gated 7 Bedroom 4 Bath 2,016 Square foot home has been totally renovated throughout. Plus an extra guest house separate from main house. Great potential for a good size ADU. This property is within USC Patrol Zone. Zoning LAR2. The property is short distance from USC campus, village and many attractions such as, Exposition Park, Lucas Museum of Narrative Art, LA Memorial Coliseum, Natural History Museum, California Science Center, BMO Stadium and more.

2641 S Catalina Street, Los Angeles