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1286 W 39th Place
USD 899,000
Property ID: 24429085
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1286 W 39th Place ,90037
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icon 2117 SqFt
icon Built in 1921
icon USD 425/SqFt
icon 5 Beds
icon 5 Full
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Location Street View
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Interior Details
Bedrooms
5
Bathrooms
5
Interior Size
1384
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1921
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Detailed Introduction Of This Home
We are pleased to offer the opportunity to acquire this 5-bedroom + 5-bathroom co-living/ student housing investment, located just blocks to the University of Southern California (USC). The property has been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, and in-unit washer & dryer. The building is approximately 1,400 rentable SF on a 2,117 SF lot, and will be delivered vacant upon the close of escrow. Over the past 5 years, the property has been rented out to USC students for approximately $1,500 per bedroom (single room occupancy), with a scheduled gross income of $7,500/month. Priced at a 8.25% cap rate. Each suite has its own spacious bedroom with their own private bathroom, excellent for student housing, assisted living, and sober living investments.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (20)
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1286 W 39th Place
USD 899,000 5 Beds
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