2119 S Union Avenue
Los Angeles, CA, 90007
$1,625,000
Beds
0 Baths
SqFt
0.16 Acres
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CASH COW! An exceptional opportunity to own a 6-unit private student housing property near the University of Southern California. Located within USC’s Department of Public Safety Patrol Zone and Campus Cruiser area, this asset offers immediate income with a 6.9% CAP Rate. The property includes a renovated 4-unit building built in 1912 with one fully remodeled unit featuring new plumbing, HVAC, electrical, kitchen, baths, flooring, lighting, doors, windows, and upgraded main water line and electric panel. In addition, there is a brand new 2-story ADU built in 2024 with two 3-bedroom, 3-bathroom townhome-style units designed for student living with modern finishes and efficient systems. The property offers potential for up to 30 beds with double occupancy layouts and is within walking distance to USC Campus, Metro Line, USC Village, and Exposition Park, property located within DPS patrol zone and ride share program. the property is surrounded by strong student rental demand! This investment combines strong existing income with major upside through student unit conversions.

Property Details

Price:
$1,625,000
MLS #:
25546793
Status:
Active
Baths:
0
Address:
2119 S Union Avenue
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 1, 2025
State:
CA
ZIP:
90007
Lot Size:
6,999 sqft / 0.16 acres (approx)
Year Built:
1912
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Interior

Appliances
Microwave, Gas Range
Cooling
Central Air
Flooring
Wood
Heating
Central
Laundry Features
Washer Included, Dryer Included

Exterior

Architectural Style
Craftsman
Parking Features
Driveway
Parking Spots
2.00
Security Features
Fire and Smoke Detection System, Carbon Monoxide Detector(s)

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Community

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Rover IDX
2119 S Union Avenue
Los Angeles, CA