
Listed by Homequest Real Estate
$1,350,000
2104 Park Grove
Details
APN 5124031002
Property Type Multifamily
Sub Type Apartment Building
Units 6
Buildings 2
Stories 2
Acreage 0.157
Zoning Assessor
Multifamily | 6 Units
Marketing 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 USCs most coveted rental pockets.
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Listed by Homequest Real Estate
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