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1220 W 27th St

  • Bedrooms16 Beds
  • Bathrooms12 Baths
  • Square Feet5,108 Sq. Ft.
We are pleased to present the opportunity to acquire 1220 W. 27th Street, a sixteen (16) bedroom student housing investment, located North of campus, in the prestigious DPS Patrol Zone, and just steps to the University of Southern California (USC). This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 5,108 SF on a 6,346 SF lot. The property and all units were recently updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, in-unit washer/ dryers, and individually metered for gas & electricity. The expansive lot size allows an investor to add significant value to the property by constructing two (2) 5-bedroom + 4-bathroom ADU's to further increase cash-flow, generating an even higher yield/ net income. The asset is fully occupied with students, and the total gross income is $25,190/month. With the construction of two ADU's, the total income will be approximately $37,500/month.

CA_CLAW

Represented By: CAROLWOOD

Davis Saadian
License #: 01921748
310-402-8958
Email
Main Office
9440 Santa Monica Blvd.
Beverly Hills, CA 90210
USA
More About Davis
Ysabel Goldberg
License #: 02146331
310-691-9991
Email
Main Office
9440 Santa Monica Blvd.
Beverly Hills, CA 90210
USA
More About Ysabel
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