Property Detail
Description
Prime 10-Unit Income Property Near USC with Vacancy & Rental Upside Located just minutes from USC, Exposition Park, and Downtown LA, this is a value-add investor’s dream in the highly desirable University Park neighborhood. This charming 10-unit multifamily asset offers both stable income and clear upside potential through turnover and repositioning. The unit mix includes: • 2 x 2-Bedroom Units • 7 x 1-Bedroom Units • 1 x Studio/Single Offering a rare opportunity to immediately begin increasing revenue. Two of the units have projected market rents of $2,400/month, and existing rents across the property are substantially below market, leaving room for meaningful income growth. The property is located in a Tier 3 TOC and CPIO overlay zone, and is zoned LARD1.5, presenting potential for ADU conversion, redevelopment, or additional density (buyer to verify). On-site parking and individual unit layouts add to its long-term appeal. With high rental demand driven by proximity to transit, USC, and major employment centers, this is an exceptional opportunity to acquire a centrally located Los Angeles multifamily property with strong fundamentals and value-add potential.
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Listing provided courtesy of Helen Johnson of Dynamic Realty& Investments. Last updated 2025-06-26 08:11:36.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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