$4,199,000
For Sale

1237 W 25th Street

Los Angeles, CA 90007
6500 sqft | 19 beds | 0.13 acres | #24451439
Listing OfficeKeller Williams Beverly Hills
Browse 34 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

We are pleased to present an exceptional investment opportunity: a newly constructed, fully furnished four-unit student housing property with a remarkable 6.69% cap rate. This property features a total of nineteen bedrooms and sixteen bathrooms, situated in the sought-after DPS Patrol Zone and just a short walk from the University of Southern California (USC). Spanning approximately 6,500 rentable square feet across two distinct structures, the front structure was completely rebuilt in 2023, and features brand new flooring, plumbing, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. Additionally, the front duplex's scope of work included a complete to-the-studs reconstruction, with brand new framing, foundation and roofing, essentially delivering a brand-new low maintenance structure to any prospective buyer. The back duplex was recently constructed and completed in 2023 and features the same high-end finishes as the front unit. The investment is 100% occupied with USC students and fully leased for the 2024-2025 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Tenants pay for all utilities of the property including Water/Gas/Electric/Trash. (Monthly management fee of $2,007.25 is not included in the cap rate as potential buyers can self-manage at the expiration of leases.)

  • Interior Details
      • Bedrooms19
  • Property Details
      • Stories2
    • Measurements
      • Acres0.1348
      • Square Feet6500
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1919
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$4,199,000
  • Other
      • MLS #24451439

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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