

1237 W 25th St
New Construction | USC Student Housing | Within DPS Patrol Zone | Priced Below Replacement Cost
Marketing description
• USC Student Housing Investment Opportunity – Located immediately north of the USC campus within the USC Department of Public Safety (DPS) patrol zone, the property benefits from one of the strongest and most consistent student housing markets in Southern California.
• Strong In-Place Yield Compared to Traditional Multifamily – Offered at a 6.14% CAP rate and 10.01 GIM, the property provides investors with attractive cash flow supported by USC's resilient student housing demand.
• Completely Rebuilt and New Construction Improvements – The front structure underwent a full "to-the-studs" reconstruction in 2023, while the rear structure was completed as ground-up new construction, creating a modern, low-maintenance asset with minimal near-term capital requirements.
• Institutional-Quality Interior Finishes – Units feature quartz countertops, stainless steel appliances, tiled showers with glass enclosures, modern flooring, in-unit washers and dryers, and fully furnished interiors designed to maximize tenant appeal.
• Diverse Unit Mix Serving Multiple Student Demographics – The property consists of a studio, a 4-bedroom residence, and two 7-bedroom townhouse-style units, accommodating both individual renters and larger student groups seeking shared housing.
• 19-Bed Configuration Maximizes Rental Income Potential – The property's high bed count and flexible leasing structure provide ownership the ability to capitalize on strong per-bed demand generated by USC's large off-campus student population.
• Walkable Location Near USC Village and Metro Access – Less than one mile from USC Village and near the Expo/Vermont Metro Station, residents enjoy convenient access to campus, Downtown Los Angeles, Mid-City, and the Westside.
• Deep and Durable Student Housing Demand Drivers – USC enrolls more than 46,000 students, with approximately 65% living off campus, creating a substantial and recurring tenant pool supported by predictable academic leasing cycles.
• Fully Furnished Turnkey Student Housing Asset – Each unit includes in-unit laundry, large kitchens, oversized common areas, and furnishings, allowing for seamless operations and strong tenant retention.
• Potential Accelerated Depreciation Benefits – The property may qualify for 100% bonus depreciation through a cost segregation study, creating the potential for significant tax shelter benefits during the early years of ownership.
• Long-Term Growth Supported by USC Expansion and Prestige – Continued enrollment growth, rising national rankings, and record application volumes support the long-term fundamentals of the USC student housing market.
Investment highlights
The Ben Lee Group is pleased to present 1237 W 25th Street, a 19-bed student housing investment opportunity located immediately north of the USC campus, within the USC Department of Public Safety (DPS) 24-hour patrol zone. The property totals approximately 6,500 rentable square feet spread across two separate structures, offering a diverse unit mix designed to accommodate both individual students leasing by the bed and larger groups seeking shared living arrangements.
1237 W 25th St is offered at a 6.14% cap rate and a 10.01 GIM, providing a stronger yield compared to many conventional multifamily assets currently trading at lower cap rates. Student housing near USC benefits from structurally resilient demand supported by consistent enrollment, predictable lease cycles, and a tenant base less correlated with traditional economic drivers. The property is less than a mile from USC Village, and just north of the Expo/Vermont Metro Station, providing direct access to Downtown Los Angeles, Mid-City, and the Westside.
Remodeled in 2023, the front structure underwent a full "to-the-studs" reconstruction, delivering a brand-new foundation, framing, and roofing system. Interiors feature modern finishes including quartz countertops, stainless steel appliances, tiled showers with glass enclosures, new flooring, and in-unit washers and dryers. The rear structure is a ground-up new construction, also completed in 2023, mirroring these high-end finishes throughout — creating a cohesive, low-maintenance asset with strong tenant appeal.
The property consists of four units across two structures: a 4-bedroom/3-bath and a studio in the front building, and two 7-bedroom/6-bath townhouse-style residences in the rear. Unit sizes range from a self-contained studio to expansive 7-bedroom layouts, accommodating a broad spectrum of student housing needs — from individual renters seeking affordability to large groups looking for shared community living. Each unit is fully furnished with in-unit laundry, large kitchens, and oversized common spaces, creating strong, consistent tenant appeal across the entire property.
USC enrolls over 46,000 students, with approximately 65 percent living off campus, creating a deep pool of rental demand. The university continues to climb in national rankings and received a record 83,488 freshman applications for Fall 2025.
Beyond its strong in-place cash flow, the property provides investors with compelling tax advantages. Under the One Big Beautiful Bill Act, multifamily assets may qualify for 100% bonus depreciation, offering the potential to materially shelter income in the early years of ownership. Prospective investors are encouraged to consult the listing agents regarding a cost segregation feasibility study to fully assess and optimize these accelerated depreciation benefits.
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?


