929 W 23rd Street, Los Angeles, CA 90007

Property Description

A Victorian transitional style with many Craftsman elements, the home has been lovingly restored over the years, interior and exterior, including foundation, roof, exterior siding restoration and paint, new electrical, plumbing, stainless steel kitchen appliances, on-site washer & dryer, brand new bathroom renovations including tiled showers with glass enclosures, and much more. This fully renovated 4 bedroom + 3.5 bathroom + Detached Recreational Room, is ready to move in for any home buyers looking to move into the fast growing area as well as having the dual potential to achieve incredible rents as a USC Student Housing Investment Opportunity. Located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC), the property is approximately 2,006 rentable square feet on a large 7,075 square foot lot. The subject property is comprised of one large 4bd + 3.5 bth home in the front, with an additional rec room in the rear. The home will be delivered vacant, giving any buyer the opportunity to maximize rental income by increasing the number of bedroom/bathroom to accommodate more students. In addition, there's an excellent value-add opportunity to construct and ADU, and further increase cash flow for an owner-user or investor(Buyer to Verify). This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.