1257 W Adams Boulevard new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,230 sqft
Price per Sqft $477
MLS Listing ID CL25546579
HOA Y/N No
Year Built 1904
Lot Size 7,348 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
*This property is part of the Prime Student Housing Portfolio at USC. May be purchased separately or all together.* Turnkey 5-unit student housing investment located within USC's 24-hour patrol zone and Campus ride-share coverage area, just a short walk to campus and USC Village. The property offers 16 bedrooms across 6,230 sq. ft. with a strong 7.0% CAP rate and 10.4 GRM. Fully renovated front duplex includes a 4 Bed/4 Bath and 3 Bed/3 Bath, while the rear duplex (built in 2016) features two 4 Bed/3 Bath townhome-style units. A garage-converted studio ADU (built in 2022) adds additional income potential. Upgraded systems, modern landscaping, on-site parking, and high student demand make this a low-maintenance, high-performing asset. Bonus: driveway offers potential for additional ADU development.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating None
Fireplace No
Building
Lot Description Front Yard
New Construction No
Others
Tax ID 5055015030