We are pleased to offer for sale this vacant 9-bedroom + 8-bathroom Co-Living/ Boarding House/ Student Housing investment opportunity located at 663 W. 23rd Street, walking distance to the internationally renowned University of Southern California (USC). Consisting of one single structure, this building was constructed of wood frame and stucco on a raised foundation built in 1908, with a square footage of 4,886 on a 8,268-square foot lot. The investment is comprised of a unit mix consisting of (5) 1+1, (1) 2+1, & (1) 2+2 room. The investment was previously ran as a Bed & Breakfast/ Hotel - and boasts spacious floor plans, secured gated entry, on-site laundry & parking for additional income, and updated copper plumbing throughout. The property is 100% vacant, well positioned only 1 block to DASH, and between Downtown Los Angeles and the USC campus & Village. The spacious lot may allow an investor to build (2) ADU's for additional income.
Listing courtesy of Davis Saadian from BRC Advisors- BH
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