1414 W 30th St,
Los Angeles, CA 90007
在售房 $1,380,000 ($138萬)
卧室: 7 浴室: / 其他類型
房屋信息

其他類型

3954平方英呎
(367平方米)

6075 平方英呎
(564平方米)

1922 年

1

2024年01月03日
已上市 134 天

地產編號: 24343689
所處郡縣: LA
面積單價:$349.01/sq.ft ($3,757 / 平方米)
車位類型:AS
所屬高中:

房屋簡介

Featuring spacious floorplans that average nearly 1,000 square feet each, the two structures occupy a corner lot near the intersection of Vermont Avenue and Jefferson Boulevard, the northwest corner of USC campus. A new owner may be able to add substantial value to the asset in a variety of ways through recapturing the approximate 51% in rent upside, by converting garage space to an ADU, or by reconfiguring the units to include additional bedrooms (Buyer to verify). One unit was recently renovated and houses USC students. Using this as a template and applying a similar plan to the remaining units could allow for a dramatic increase in cash flow. Students value the property's proximity to USC Village, the USC tennis and baseball facilities, as well as the campus classrooms and facilities that sit just blocks from the property. Rents are currently averaging only $1.53 per square foot, while other buildings in the immediate area have been able to achieve rents above $3.00 per square foot, particularly by taking advantage of the opportunity to house local students. Because the building contains four units, a new owner may be able to secure residential financing with a lower down payment than that needed for larger multifamily assets. This, coupled with the historically strong occupancy rates near USC campus and the potential for parental guarantees included in student housing leases, may allow for attractive and stable future cash flow.

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