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Listed by Zhu Liu • Invesloop Realty Inc
$5,700,000
Est. payment /mo
9,056 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 9,056 sqft
Price per Sqft $629
MLS Listing ID CROC25088420
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2024
Lot Size 6,841 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
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
View Other
Building
Water Public
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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