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3833 S Grand Avenue presents an opportunity to acquire a specialized residential asset currently utilized as transitional housing in Los Angeles and directly adjacent to USC. The property features 13 bedrooms, including 4 private 1-bed 1-bathroom units, across approximately 7,484 square feet of building area on a substantial 13,492-square-foot lot. The property's existing configuration and residential use may make it particularly attractive to a local nonprofit organization seeking to establish or expand a transitional housing operation, a sober living facility, or an affordable housing program, subject to applicable licensing, zoning, occupancy, and regulatory requirements. The property's existing infrastructure and bedroom count offer a potential foundation for an operator seeking to provide residential services while pursuing a mission-driven use. Offered at approximately $387 per square foot, the property combines an established income stream with a specialized residential configuration and potential for future operational repositioning. The substantial 13,492-square-foot lot further contributes to the property's long-term appeal, subject to verification of applicable zoning and development requirements. All financial information and projected returns are estimates and have not been independently verified. Buyers are responsible for independently verifying property information, income, expenses, existing occupancy and operating agreements, permitted uses, licensing requirements, zoning, and any potential development opportunities. Contact the listing broker for additional information.
Property Type(s):
Residential Income
| Last Updated | 11/10/2026 | Year Built | 1954 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C42 - Downtown L.A. |
| HEAT | Wall Furnace |
| LOT | 0.3097 acre(s) |
| LOT DIMENSIONS | 13492 |
| STORIES | Split/Multi Level |
Location
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Listed with Kidder Mathews of California, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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