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$ 1,350,000
Est. payment | /mo
$ 1,350,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25265655
HOA Y/N No
Year Built 1895
Property Sub-Type Quadruplex
Property Description
Introducing 2104 Park Grove Ave, Los Angeles, CA 90007
This is an exceptional 6-unit private student-housing investment steps from USC.
Located inside the USC Department of Public Safety Patrol Zone and Campus Cruiser/Ride Share area, this property sits in one of the strongest student rental submarkets in all of Los Angeles.
The property consists of six well-maintained units:
• Front Unit: 4 bedrooms, 1 bath, recently remodeled
• Side Unit: 3 bedrooms, 2 baths
• Second Floor Left Unit: 3 bedrooms, 1 bath
• Second Floor – Right Unit: 2 bedrooms, 1 bath
• Rear Structure – Downstairs: 1 bedroom, 1 bath
• Rear Structure Upstairs: Single unit
All units are in excellent condition and fully rented to exceptional tenants, providing strong in-place income from day one.
With its layout and location, the property offers potential for up to 30 beds using double-occupancy configurations a major value-add opportunity in a high-demand student housing corridor.
Walking distance to USC Campus, USC Village, Metro Line, and Exposition Park, and surrounded by constant student demand, this property is ideal for both long-term stability and future growth.
Additional upside: the property comes with RTI plans for two ADUs, allowing the next owner to immediately expand the rentable square footage and maximize returns.
This is a rare chance to secure a turnkey, income-producing, high-upside student housing asset in one of USC's most coveted rental pockets.
This is an exceptional 6-unit private student-housing investment steps from USC.
Located inside the USC Department of Public Safety Patrol Zone and Campus Cruiser/Ride Share area, this property sits in one of the strongest student rental submarkets in all of Los Angeles.
The property consists of six well-maintained units:
• Front Unit: 4 bedrooms, 1 bath, recently remodeled
• Side Unit: 3 bedrooms, 2 baths
• Second Floor Left Unit: 3 bedrooms, 1 bath
• Second Floor – Right Unit: 2 bedrooms, 1 bath
• Rear Structure – Downstairs: 1 bedroom, 1 bath
• Rear Structure Upstairs: Single unit
All units are in excellent condition and fully rented to exceptional tenants, providing strong in-place income from day one.
With its layout and location, the property offers potential for up to 30 beds using double-occupancy configurations a major value-add opportunity in a high-demand student housing corridor.
Walking distance to USC Campus, USC Village, Metro Line, and Exposition Park, and surrounded by constant student demand, this property is ideal for both long-term stability and future growth.
Additional upside: the property comes with RTI plans for two ADUs, allowing the next owner to immediately expand the rentable square footage and maximize returns.
This is a rare chance to secure a turnkey, income-producing, high-upside student housing asset in one of USC's most coveted rental pockets.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features None
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5124031002
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Pablo Aspiazu Homequest Real Estate 562-413-0367
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Craig & Priscilla Albin
REALTOR® | Broker-Associate | Lic# 01486993 | DRE#01437691