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High-Yield 14-Bedroom Co-Living Portfolio Near USC & DTLA. This 14-bedroom multi-family portfolio offers an exceptional footprint for investors targeting high-density housing and co-living strategies in Los Angeles. Comprising four large-scale units distributed across two detached buildings, the property provides an efficient bedroom-to-unit ratio situated minutes from the University of Southern California (USC), Downtown LA, and major transit corridors. Unlike standard modern speculative builds, the asset provides a durable foundation tailored for high-occupancy rental use: "¢ Front Building (Historic Integrity): Verified as built in 1904 by master builder Frederick Rufus Black as his personal residence. This structure contains two massive 4-Bedroom units (one 4-bed/1-bath and one 4-bed/2-bath), featuring the expansive spatial layouts and structural character typical of the era. "¢ Back Building (Modern Turnkey): Comprises two 3-Bedroom, 1-Bathroom units, which were completely remodeled from the studs up in 2022. The property delivers immediate, stable cash flow with highly predictable operational overhead: "¢ Front Units (Two 4-Bed Layouts): Currently generating a combined $4,000/month. (much lower than the market rate). "¢ Back Units (Two 3-Bed Layouts): Rented at $2,600/month each ($5,200/month combined). "¢ Total Current Gross Income: $9,200/month ($110,400/annually). Operational expenses are minimized through separate utility metering, with 4 separate electric meters and 4 separate gas meters allowing tenants to handle their own usage overhead directly. The expansive parcel also accommodates up to 8 secure parking spaces, a premium asset in the DTLA-adjacent rental market. While the property provides immediate yield, current rental structures present the next owner with clear pro-forma upside as units naturally cycle in a high-demand rental corridor.
Property Type(s):
Single Family
| Last Updated | 7/21/2026 | Year Built | 1904 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Gas Oven, Gas Range |
| AREA | C42 - Downtown L.A. |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s), Laminate Counters |
| LOT | 6743 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS | 6743 |
| PARKING | Concrete |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | Split/Multi Level |
| UTILITIES | Electricity Connected, Natural Gas Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Jennings Realty
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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