0.31 Acres Lot
0.31 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26177613
HOA Y/N No
Year Built 2026
Lot Size 0.310 Acres
Property Sub-Type Apartment
Property Description
leased, newly built 10-unit portfolio offering a combination rarely found near USC: two
side-by-side five-unit properties, 26 rentable bedrooms, 26 parking spaces and a 6.62%
cap rate (inclusive of a 4% management fee), all just 0.5 miles from USC campus.
Situated on two contiguous lots with separate APNs, the portfolio consists of eight
expansive 3-bedroom, 3-bathroom residences and two, highly rentable, 1-bedroom,
1-bathroom ADUs. Each bedroom in all residences has its own en-suite bathroom,
creating a flexible and highly rentable unit mix that appeals to students, young
professionals, families and traditional tenants.
The portfolio generates $432,360 in annual gross income and is offered fully
stabilized with established rental history. Units are separately metered for
ALL utilities, eliminating any owner utility expenses, while the side-by-side
configuration and separate APNs also provide investors with the flexibility
to pursue residential or commercial financing.
These are not typical student rentals. Each townhome-style residence delivers
high-end finishes, open-concept living spaces, oversized kitchen islands, sleek
cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry,
generous closets, spa-inspired bathrooms and oversized windows that fill the interiors
with natural light. The propery is also equipped with EV charhing and solar!
Beyond USC, residents are moments from Exposition Park, BMO Stadium, the LA
Memorial Coliseum, the Natural History Museum and the California Science Center. The
portfolio is also located within the USC Lyft Zone and offers convenient access to the
Metro E Line, Downtown Los Angeles, Culver City and Santa Monica. This central location
supports a deep and diverse tenant pool while giving investors the stabilized income,
modern construction, parking and operational simplicity that are increasingly difficult to
find in a single acquisition.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplaces Type None
Fireplace No
Appliance Washer
Laundry Washer Hookup, Inside
Exterior
Parking Features Assigned, Garage
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 26
Private Pool No
Building
Lot Description Front Yard
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 5037006025
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.myunits.com/buy/4220adams
Nearby Locations
Making real estate fast, fun, and stress-free!