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Prime investment or development opportunity near USC in Los Angeles! This property spans two parcels totaling 13,000 square feet and includes three structures: two residential buildings and one commercial space, totaling 8,200 square feet. The residential units have a 77% occupancy rate, while the commercial space is currently vacant. This is an ideal opportunity for an owner/user or a developer seeking cash flow. Located on Jefferson Blvd, just one mile from the University of Southern California, these parcels are situated in a high-traffic area with a significant demand for student housing. Don't miss this unique opportunity. An offering memorandum is available in the supplement folder.
Property Type(s):
Residential Income
| Last Updated | 10/23/2024 | Year Built | 1940 |
|---|---|---|---|
| Community | Los Angeles Southwest | County | Los Angeles |
Price History
| Prior to Oct 23, '24 | $3,500,000 |
|---|---|
| Oct 23, '24 - Today | $3,000,000 |
Additional Details
| AREA | Los Angeles Southwest |
|---|---|
| CONSTRUCTION | Concrete, Glass, Stucco |
| GARAGE | Assigned, Gated |
| LOT | 6502 sq ft |
| PARKING | Assigned,Gated |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| UTILITIES | Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
| ZONING | LAC2 |
Location
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Listed with Luxury Collective
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 2024.
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