Marketing Package

Looking for a well performing turn-key property within the USC DPS Zone? This well-maintained quadruplex, located just a mile from USC Village, offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation.

Currently generating $145,844 in rental income with low expenses, this property boasts a solid 5.59% cap rate. As we approach the peak student rental season, current vacancies are expected to be filled, potentially increasing the annual rental income by up to $52,800.

The building consists of four remodeled and updated units, each approximately 1,100 square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms. Modern amenities include tankless water heaters, central AC and heat, laundry machines, fully equipped kitchens, and furnished common spaces. Each unit is separately metered for gas and electricity. Bedrooms are currently rented to students and are equipped with a bed, desk, and mini-fridge. Don't miss our first open house, Tues. July 9th from 12 - 2 pm.

$419,000

1 bed/1 bath

MLS#: 24-410081

Perfectly located just off of 6th and Hope, the Library Court is arguably one of the best places to live in Downtown L.A. Just steps to the Metro station on 7th, and walkability to restaurants and shops, convenience is at your doorstep. Step inside the lobby and you'll be greeted by friendly security staff, pick up your mail and relax into the tranquil open-air, zen-like courtyard or glide up the elevator to your home on the 4th floor. Inside the unit, elegant and modern finishes punctuate the space. Triple-pane windows start at the floor and look out into the courtyard for a tree-top feel. The open living space includes an eat-in counter top and well appointed kitchen with stainless steel stove, refrigerator, microwave and dishwasher. Laundry closet holds a stack washer/dryer. Bedroom space has a mirrored closet doors and bathroom includes a tub and shower as well as ample storage space. Unit has laminate flooring throughout, central AC and heat and is assigned one garage parking space.