Excellent opportunity to renovate into student housing located Blocks from USC campus. Property has 3,034 SF and consists of 5 Bdrms/ 3 Baths. The Property has been owned in the same family for 50+ years. Property amenities include spacious front porch and yard with garden area, rear yard with patio area & a garage/Storage area. Property offers an investor with strong rental potential in an area with high demand for off campus student housing, Good upside potential in upcoming school year. Located in prime USC Student Housing area, walk or bicycle to campus. DPS patrols the area surrounding USC's University Park Campus 24 hours per day, 7 days a week.Only a short distance to USC Village which is a massive $700 million, mixed-use retail and residential space. The USC Village will house 2,700 USC students and accompany 134,000 feet of retail shops such as Target, Starbucks, Trader Joe's, Greenleaf Gourmet Chop Shop and Bank of America.Property to be sold as is. This is a Standard Sale and to be Sold as is no warranties/guarantees made. Seller and/or seller's agent makes no representation as to room count, square footage, lot size, etc. Buyer to verify with appropriate entities and satisfy self. Currently the property has long term tenants that are long term but have no lease in place.
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Data Provided by:
California Regional Multiple Listing Service