Residential Income Details
We are pleased to offer for sale seven (7) contiguous non-rent control apartment buildings, one block from the Exposition/ Vermont Metro Station, & the internationally renowned University of Southern California (USC). This is the largest contiguous, development parcel left in the USC student housing submarket, and there are a total of seventy-six non-rent control (76) bedrooms. These two-story buildings were constructed of wood frame and stucco on a raised foundation built in the years of 1983-2002 with a square footage of 39,881 on a 43,000-square foot lot. The investment is not subject to rent control ordinance.
|Number of Units||23|
|Listing Brokerage||BRC Advisors|
|Listing Agent||Davis Saadian|
|Listing Agent BRE #||01921748|
Based on information from California Regional Multiple Listing Service, Inc. as of Friday, June 1, 2018.
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