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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$5,700,000

Est. payment - /mo

6,838 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25088420

HOA Y/N No

Rental Info 12 Months

Year Built 2024

Lot Size 6,838 Sqft

Property Sub-Type Duplex

Property Description

Brand new construction, this beautiful apartment is located on the west side of the USC campus. Total 32 bedrooms with 34 bathrooms. All private bedrooms come with private bathrooms. Each floor has washers and dryers, large living area and shared Kitchen are equipped with all brand new appliances and furnitures. Online portal available for rent payment and issue reporting 24/7. The property is currently in lease up, drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately 60% of all USC students live in off-campus housing. This modern Coliving Space is not just great for students, but also great for young professionals. At the asking price, the property is being offered at $178,000 per suite with a projected 8.19% CAP rate and 11.00 GIM upon stabilization. Seller and broker's agent are not guarantee the square footage, bedroom/bathroom count, lot size or lot dimensions. It is Buyer's sole responsibility to perform investigations and satisfy themselves. Please do not disturb tenant. Seller will be doing a 1031 exchange.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Interior

Interior Features All Bedrooms Up

Heating Central

Cooling Central Air

Fireplaces Type See Remarks

Fireplace Yes

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 3

Entry Level Three Or More

Sewer Other

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5041028010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Zhu Liu • Invesloop Realty Inc • 626-233-3077

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

1444 W 37th ST Los Angeles, CA 90018

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

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