Apartments For Sale • 4,800 SF
| 8-unit fixer upper with two vacant units located just blocks from the University of Southern California in the USC Patrol Zone |
| All of the units are junior 1-bedroom units with a hallway connecting a living room to a bathroom and a kitchen. |
| There are currently two vacant units. The remaining tenants are long-term. |
| The lot has 8 side-by-side parking spaces. Additional upside available by charging for parking. |
| Rent is increasing 4% in February 2025 creating a 5.4% cap rate. |
| Approximately 45% upside in rental income. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 10 min | - | 5.4 mi | |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 5.7 mi |
| Transit/Subway | Drive | Walk | Distance |
| Expo/Vermont (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 3 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Los Angeles International | 21 min | - | 10.9 mi |
| Bob Hope | 26 min | - | 14.7 mi |
| Long Beach (Daugherty Field) | 30 min | - | 21.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |