2119 S Union Avenue, Los Angeles, CA 90007

  • $1,625,000
2119 S Union Avenue, Los Angeles, CA 90007
Active Updated/Remodeled
2119 S Union Avenue, Los Angeles, CA 90007
2119 S Union Avenue, Los Angeles, CA 90007
  • $1,625,000

Description

CASH COW! An exceptional opportunity to own a 6-unit private student housing property near the University of Southern California. Located within USC’s Department of Public Safety Patrol Zone and Campus Cruiser area, this asset offers immediate income with a 6.9% CAP Rate. The property includes a renovated 4-unit building built in 1912 with one fully remodeled unit featuring new plumbing, HVAC, electrical, kitchen, baths, flooring, lighting, doors, windows, and upgraded main water line and electric panel. In addition, there is a brand new 2-story ADU built in 2024 with two 3-bedroom, 3-bathroom townhome-style units designed for student living with modern finishes and efficient systems. The property offers potential for up to 30 beds with double occupancy layouts and is within walking distance to USC Campus, Metro Line, USC Village, and Exposition Park, property located within DPS patrol zone and ride share program. the property is surrounded by strong student rental demand! This investment combines strong existing income with major upside through student unit conversions.

  • Address 2119 S Union Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90007
  • Country US

Details

Updated on June 9, 2025 at 12:19 pm
  • Property ID: 25546793
  • Price: $1,625,000
  • Property Size: 6671
  • Land Area: 0.1607 Acres
  • Bedrooms: 15
  • Bathrooms: 11
  • Garage Size: x x
  • Year Built: 1912
  • Property Type: Residential Income
  • Property Status: Active

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