$1,400,000
For Sale

1481 W 25th Street

Los Angeles, CA 90007
2031 sqft | 6 beds | 2 baths | #22178407
Courtesy of Compass
Browse all 4 photos

Description

We are pleased to present the opportunity to acquire The 29TH Street Portfolio, an eleven (11) building, 110-Bedroom, Student Housing Portfolio, walking distance to the University of Southern California (USC). Consisting of 11 separate structures, The 29TH Street Portfolio provides investors the opportunity to acquire a sizable presence in one of the most desirable infill student housing markets in the United States. Additionally, while the properties have been well maintained under current ownership, they are well suited for common area upgrades and interior unit remodeling/updates that will further increase cashflow and returns. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2022-2023 year perfectly positioned to benefit from the enrollment growth in an under-supplied student housing market. The following properties are being sold together as a portfolio sale: 1137 W. 29th Street, LA 90007, 1151 W. 29th Street, LA 90007, 1159 W. 29th Street, LA 90007, 1173 W. 29th Street, LA 90007, 1179 W. 29th Street, LA 90007, 1329 W. 29th Street, LA 90007, 2830 Menlo Ave, LA 90007, 1358 W. 29th Street, LA 90007, 1360 W. 29th Street, LA 90007, 1535 W. 30th Street, LA 90007, 1481 W. 25th Street, LA 90007.
read more

  • Interior Details
    • Beds & Baths
      • Bedrooms:6
      • Bathrooms:2
  • Property Details
    • Property
      • Pool:1
    • Measurements
      • Acres:0.1556
      • Square Feet:2031
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1922
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 400, 000
      • Selling Office Commission:1.500
  • Other
    • Source
      • MLS #:22178407

Location

Dina ClemonsReal Estate Group
  • Request Info
  • Schedule Showing

Interested in Purchasing 1481 W 25th Street?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!

$100
Monthly Payment