1257 W Adams Blvd Los Angeles, CA 90007
Turnkey 5-unit student housing near USC with high income potential.
Lot size:
0.17 AcresProperty Features for 1257 W Adams Blvd
General Information
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1904
Source:
Elliman
Listing Agency: Keller Williams Los Angeles
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey USC Student Housing Investment
This turnkey 5-unit student housing investment is located within USC's 24-hour patrol zone and campus ride-share coverage area, a short walk to campus and USC Village. The property offers 16 bedrooms across 6,230 sq. ft. It features a 7.0% CAP rate and 10.4 GRM. The fully renovated front duplex includes a 4 Bed/4 Bath and 3 Bed/3 Bath, while the rear duplex, built in 2016, features two 4 Bed/3 Bath townhome-style units. A garage-converted studio ADU, built in 2022, adds additional income potential. The property has upgraded systems, modern landscaping, and on-site parking. The driveway offers potential for additional ADU development.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.28791
- Latitude
- 34.03292
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FAQs
What type of property is this?
Apartment building - Turnkey 5-unit student housing near USC with high income potential.
Where is this apartment building located?
The property is located at 1257 W Adams Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: - Strong 7.0% CAP rate and 10.4 GRM indicate high investment performance.; - Located within USC's 24-hour patrol zone and campus ride-share coverage area.; - Turnkey 5-unit property with 16 bedrooms, ideal for student housing investment.