Property Detail

Description

A rare investment opportunity consisting of 4,680 sq ft, 8 bedrooms/7baths: a total of seven units on a 9,508 sq ft lot generating steady rental income with low overhead and strong upside. The front property is a freestanding 2bed/1bath home with long-term tenants, while a two‑story rear structure houses six identical 1 bed/1 bath apartments--each with its own dedicated parking space. A major roof replacement was completed on the larger building roughly three years ago, reducing capital expense.Situated just south of Downtown L.A., this property is a mere 10‑minute drive from the heart of the city and only around 3 miles from USC--making it a highly desirable location for student housing, faculty rentals, and young professionals. Easy access to the I‑110 freeway and local transit routes enhances tenant mobility.For outdoor enthusiasts, the scenic South L.A. Wetlands Park--an award-winning 9‑acre ecological reserve--lies within walking or biking distance, offering trails and green space perfect for daily exercise. Additional nearby recreation includes Augustus F. Hawkins Nature Park and the sports fields and pool at South Park Recreation Center, plus cultural attractions and open space at Exposition Park just a few minutes away.Convenient retail and services are within a mile, including Juanita Tate Marketplace, grocery stores, fitness centers, and neighborhood restaurants.Total parking for seven units is rare in this tight rental market and with consistent unit configurations, operational efficiency is high and turnover minimal. This 7-unit complex delivers dependable income now with room to grow. For investors seeking stable cash flow, low maintenance, and a strategic South L.A. location.