1978 Estrella Ave

1978 Estrella Ave | Los Angeles, CA 90007, USA | $2,350,000 | MLS ID: 23-296437

10 Beds
10 Baths
4,552 Sq. Ft.

We are pleased to present the opportunity to acquire this vacant ten (10) unit Student Housing investment, located in the highly desirable DPS Patrol Zone, and blocks to the University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1887, with approximately 4,552 rentable square feet on a 11,929 square foot lot. The asset is comprised of two (2) separate two-story structures, with a unit mix consisting of five (5) 1-bedroom + 1-bathroom units, and five (5) studios. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, updated copper plumbing, double pane windows, and recently painted. To further increase cash flow, the site offers an expansive 11,929sf lot, zoning ordinance of LARD1.5, which allows an investor the opportunity to build additional units & ADU's towards the back of the lot. (Buyer to independently verify the accuracy and all information through personal inspection with appropriate professionals).

^CA_CLAW