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1286 W 39th Pl

  • Bedrooms5 Beds
  • Bathrooms5 Baths
  • Square Feet1,384 Sq. Ft.
We are pleased to offer the opportunity to acquire this 5-bedroom + 5-bathroom co-living/ student housing investment, located just blocks to the University of Southern California (USC). The property has been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, and in-unit washer & dryer. The building is approximately 1,400 rentable SF on a 2,117 SF lot, and will be delivered vacant upon the close of escrow. Over the past 5 years, the property has been rented out to USC students for approximately $1,500 per bedroom (single room occupancy), with a scheduled gross income of $7,500/month - Priced at a 8.25% cap rate. Each suite has its own spacious bedroom with their own private bathroom, excellent for student housing, assisted living, and sober living investments.

CA_CLAW

Represented By: CAROLWOOD

Davis Saadian
License #: 01921748
310-402-8958
Email
Main Office
9440 Santa Monica Blvd.
Beverly Hills, CA 90210
USA
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