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We are proud to present a rare opportunity to acquire a 2003 built, LA RSO exempt fully renovated, six-unit turnkey student-housing apartment community located in the highly sought-after North of Campus neighborhood, within the DPS Patrol Zone and just a short walk to the University of Southern California (USC). The property and all six units have been completely remodeled with modern, high-end finishes throughout. Each spacious unit features vinyl plank hardwood flooring, stainless-steel kitchen appliances, quartz countertops, tiled showers, and contemporary design elements tailored to today's student renters. The gated community offers large two-bedroom townhome units, approximately 1,200-square-foot floor plans, underground garage with EV parking, and an on-site laundry facility providing additional income potential.From an investment standpoint, the asset is exceptionally well positioned. Capital improvements include a new roof, updated copper plumbing, and double-pane windows. All units are individually metered for gas and electricity, with ownership responsible for water and trash expenses. The building is comprised approximately of 6,840 rentable square feet on a 6,863 square-foot lot, and consists of six (6) 2-bedroom + 2.5-bathroom townhouse units.Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk, high-demand student-housing investment with strong fundamentals and long-term growth potential. Units #2 & #6 are currently vacant and in the process of being leased out.
Property Type(s):
Residential Income
| Last Updated | 1/10/2026 | Year Built | 2003 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Vented Exhaust Fan, Washer |
|---|---|
| AREA | C16 - Mid Los Angeles |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6865 sq ft |
| LOT DIMENSIONS | 6865 |
| PARKING | Garage, Private |
| STORIES | Split/Multi Level |
Location
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Listed with Keller Williams Hollywood Hills
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.
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