The subject property is a nine-unit multifamily apartment complex located in South Central Los Angeles, just minutes from the Coliseum and the USC campus. The unit mix consists of three one-bedroom units and six singles/studios. The building encompasses approximately 4,588 square feet and is situated on a 6,472-square-foot lot. The current scheduled gross monthly income exceeds $10,000 and has substantial potential for rental upside. The property is in good condition relative to the surrounding area and is ideally positioned for student housing demand driven by its proximity to USC.
Listing courtesy of Listing Agent: Jerome McAlpin (jerome@mcalpinco.com) from Listing Office: McAlpin & Company.
Listing sold by Jerome McAlpin from McAlpin & Company
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