Skip To Content

1219 W 25TH Street

Los Angeles (City), CA 90007
  • $3,100,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 22145339
UPDATED: 33 min ago
$3,100,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

Listing Agent(s): Adam Shamooelian of Keller Williams Beverly Hills (310-432-6400)


Description

We are pleased to offer the opportunity to acquire this High Yield 6.15% Cap turnkey fully furnished four (4) unit, twelve (12) bedroom + ten (10) bathroom Student Housing investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property is approximately 4,246 rentable square feet and is comprised of two (2) separate structures. The front structure was completely remodeled in 2022, and features brand new hardwood floors, updated copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers, and new in-unit washer & dryers. The front duplex's scope of work included a complete to-the-studs renovation, with brand new framing, copper plumbing, foundation and roofing, essentially delivering a brand new low maintenance structure to any prospective buyer. The two brand new fully permitted units in the rear are slated to be completed by the end of April, featuring the same high-end finishes as the front structure as well as a magnificent rooftop deck. Please email for Offering Memorandum.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T21:34:21.913. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127600828
Print Image

1219 W 25TH Street Los Angeles (City), CA 90007

  • Price: $3,100,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 33 min ago
  • ID#: 22145339
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1895
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
We are pleased to offer the opportunity to acquire this High Yield 6.15% Cap turnkey fully furnished four (4) unit, twelve (12) bedroom + ten (10) bathroom Student Housing investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The property is approximately 4,246 rentable square feet and is comprised of two (2) separate structures. The front structure was completely remodeled in 2022, and features brand new hardwood floors, updated copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers, and new in-unit washer & dryers. The front duplex's scope of work included a complete to-the-studs renovation, with brand new framing, copper plumbing, foundation and roofing, essentially delivering a brand new low maintenance structure to any prospective buyer. The two brand new fully permitted units in the rear are slated to be completed by the end of April, featuring the same high-end finishes as the front structure as well as a magnificent rooftop deck. Please email for Offering Memorandum.
Exterior Features

Parking Total 2

Interior Features

Cooling Central Air Cooling YN Yes

Property Features

Association Fee 0 Gross Income 230400 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 190700 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T21:34:21.913. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_368499783-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_368499783-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_368499783-1.jpg
Logo
Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Adam Shamooelian of Keller Williams Beverly Hills (310-432-6400)