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$ 1,350,000
Est. payment /mo
Active
2104 Park Grove Los Angeles, CA 90007
8 Beds
6 Baths
6,851 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25265655
Bedrooms 8
Lot Size 6,851 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Introducing 2104 Park Grove Ave, Los Angeles, CA 90007 This is an exceptional 6-unit private student-housing investment steps from USC. Located inside the USC Department of Public Safety Patrol Zone and Campus Cruiser/Ride Share area, this property sits in one of the strongest student rental submarkets in all of Los Angeles. The property consists of six well-maintained units: Front Unit: 4 bedrooms, 1 bath, recently remodeled Side Unit: 3 bedrooms, 2 baths Second Floor Left Unit: 3 bedrooms, 1 bath Second Floor Right Unit: 2 bedrooms, 1 bath Rear Structure Downstairs: 1 bedroom, 1 bath Rear Structure Upstairs: Single unit All units are in excellent condition and fully rented to exceptional tenants, providing strong in-place income from day one. With its layout and location, the property offers potential for up to 30 beds using double-occupancy configurations a major value-add opportunity in a high-demand student housing corridor. Walking distance to USC Campus, USC Village, Metro Line, and Exposition Park, and surrounded by constant student demand, this property is ideal for both long-term stability and future growth. Additional upside: the property comes with RTI plans for two ADUs, allowing the next owner to immediately expand the rentable square footage and maximize returns. This is a rare chance to secure a turnkey, income-producing, high-upside student housing asset in one of USCs most coveted rental pockets.
Location
State CA
County Los Angeles
Zoning Assessor
Direction S Washington Blvd N W 23rd St in between Norwood and Bonsallo
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5124031002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Pablo Aspiazu Homequest Real Estate