1978 Estrella Avenue, Los Angeles, CA 90007

$2,445,000
4,552
SqFt
List Price
$2,445,000
Price Change
▼ $50,000 1607071882
Status
ACTIVE
MLS#
20657276
Year Built
1887
Living Sq. Ft
4,552
Lot Size
11,927
Acres
0.14
Days on Market
100
Property Type
Multifamily

Property Description

We are pleased to offer for sale this vacant ten (10) bedroom + ten (10) bathroom Co-living/ Student Housing investment opportunity located at 1978 Estrella Avenue, just a short distance from the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1887, with approximately 4,552 rentable square feet on a 11,927 square foot lot. The asset is well situated within the USC Security zone, and is comprised of two (2) separate two-story structures, with a unit mix consisting of five (5) 1+1 units, and five (5) studios. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, updated copper plumbing, double pane windows, recently painted, and individually metered for gas and electricity. Owner stated that you may be able to build an additional 4-6 units on the lot. (Buyer to verify all information)

Additional Information

Heat
Central
Cooling Description
None
Number Of Units Total
10
Unit One Total Units
5
Unit One Beds
1
Unit One Baths
1
Unit One Actual Rent
1700.00
Unit One Total Rent
8500.00
Unit One Pro Forma
1700
Unit One Furnished
Furnished
Unit Two Total Units
5
Unit Two Baths
1
Unit Two Actual Rent
1500.00
Unit Two Total Rent
7500.00
Unit Two Pro Forma
1500
Unit Two Furnished
Furnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Davis Saadian from BRC Advisors- BH

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.