"TURNKEY 5-Units" Prime USC Student Housing Investment High Cash Flow Potential!Seize this rare opportunity to own a high-yield, fully remodeled student housing property just minutes from USC and Downtown Los Angeles. Strategically located with easy access to the 10 Freeway, this TURNKEY 5-Units is designed for strong rental demand and maximum returns.The property features a 4-unit main house with (2) 3-bedroom units on the first floor and (2) 2-bedroom units on the second floor, totaling 10 bedrooms and 10 bathrooms. Additionally, a brand-new 5-unit ADU offers 5 more bedrooms and bathrooms, increasing rental income potential. Each unit comes fully furnished with modern appliances, in-unit washers and dryers, sleek kitchens, hardwood floors, and premium finishes throughout all designed for hassle-free management and top-tier tenant appeal.With strong rental upside, a prime location near one of the nation’s top universities, and a completely updated interior, this investment is built for success. Don’t miss out on this exceptional income-producing opportunity!
Property Details
Price:
$3,150,000
MLS #:
25523587
Status:
Active
Baths:
0
Address:
1016 W 21st Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Apr 10, 2025
State:
CA
ZIP:
90007
Lot Size:
6,505 sqft / 0.15 acres (approx)
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator, Oven
Cooling
Central Air
Fireplace Features
Kitchen
Heating
Central
Exterior
Parking Features
Driveway, Garage – Two Door, Gated
Parking Spots
5.00
Pool Features
None
Spa Features
None
Stories Total
2
View
Trees/ Woods
Financial
Map
Community
- Address1016 W 21st Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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1016 W 21st Street
Los Angeles, CA
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