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
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.