1155 W. 24th Street,
Los Angeles, California 90007

Property Description

The Davis Saadian Group of BRC Advisors - Beverly Hills, is pleased to offer for sale this two (2) unit, 7-bedroom + 5-bathroom Student Housing investment opportunity, located blocks away from the internationally renowned University of Southern California (USC). This historical Victorian duplex has been fully updated and remodeled, consisting of one (1) 6-bedroom + 4-bathroom private home, and one (1) extremely spacious 1-bedroom + 1-bathroom unit. The subject property is constructed of wood frame and stucco, built in 1905, with approximately 2,489 rentable square feet on a 5,874 square foot lot. The investment is 100% occupied with USC students, and fully leased for the 2020-2021 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. Tenants pay for all gas, electricity, trash, and water. Unit amenities include in-unit washers and dryers, hardwood floors, new kitchen appliances, seven (7) on-site parking spaces, and wall-mounted flat screen televisions.