$2,557,500

Exciting opportunity to acquire a fully renovated AND 100% student-occupied ('26-'27), off-campus student housing 4plex. Located near the coveted University of Southern California's west side entrance on Downey Way, the property offers four spacious 3-bedroom, 3-bathroom units for a total of 12 bedrooms and 12 bathrooms, with each bedroom… Read More featuring its own private ensuite bath. This 3-bed/3-bath configuration is one of the most sought-after layouts in the student housing market as every resident gets a fully private bedroom and bathroom, eliminating the shared-bath friction. The moderate, four-unit scale strikes an ideal balance between privacy and community: small enough that residents aren't forced to share excessive common space or navigate conflict with a large roster of unfamiliar housemates. It's a layout that lets tenants control their own space while still having the option to connect with roommates, exactly the balance today's graduate and upper-undergrad student renters are actively seeking. Extensively renovated down to the studs in 2019, the building includes major upgrades to electrical, plumbing, drywall, flooring, kitchens, appliances, paint, lighting, and more delivering a modern, low-maintenance asset for the next owner. Interiors were thoughtfully designed for student living with generously sized bedrooms, built-in mirrored closets, large windows, modern vinyl-plank flooring, and functional shared living spaces that reinforce this privacy-meets-community appeal. Property amenities include fully gated premises, 24-hour exterior surveillance cameras, five assigned rear parking spaces with automatic gate access, a dedicated app-based laundry room for added income, and an owner/storage room for management supplies or potential tenant use. Upstairs units feature central heating and air conditioning, while downstairs units include mini-split systems in each bedroom and living area. All units are individually metered for gas and electricity, allowing future ownership flexibility to pass through utility costs or structure an attractive all-inclusive rent. The property has historically achieved 100% occupancy, supported by consistent demand for quality off-campus housing near USC and has been independently managed by the owners. New owners have the option to continue self-managing or contract one of many local student-housing management companies, and professionalize operations, optimize rents, and build on an already proven housing model. Additional upside includes approximately seven bedrooms that may function as doubles to help maximize rental income, plus potential by-right development of 2 to 3 additional units totaling an extra estimated 2,800 - 3,500 square feet. Minimal landscaping and low ongoing maintenance needs further support immediate cash-flow potential. Situated within the USC-DPS patrol zone, it is close enough for residents to walk, bike, or scooter to campus while remaining just outside the busiest corridors, this asset combines location, layout, renovations, and income upside in one of Los Angeles' most resilient student housing submarkets. Read Less

Courtesy of West Shores Realty, Inc. 310-541-8000

Listing Snapshot

Days Online

Last Updated

Oct 5, 2026

Property Type

Other

Beds

Square Ft.

3,653

Lot Size

0.13 Acres

Year Built

1906

MLS Number

26989449

Additional Details

Appliances & Equipment

Range, Refrigerator, Range/Oven, Microwave, Ice Maker, Water Line to Refrigerator

Building

3,653 sq ft, Built in 1906, Levels: Two Level, Attached

Cooling

Central, Multi/Zone

Disclosures

As Is, LA/Owner Related, Owner Has R.E. License

Exterior Features

Frame, Stucco

Fireplaces

None

Floors

Vinyl Plank

Garage

Auto Driveway Gate, Assigned, Side By Side, Parking Space, On street, Private, Gated

Heating

Central, Other

Interior Features

Furnished, Drywall Walls, Open Floor Plan, Turnkey

Kitchen

Island, Open to Family Room, Remodeled, Quartz Counters

Laundry

Room, Laundry Area, Community

Lot

LotAcreage: 0.126, LotSizeArea: 5,487, Front Yard, Back Yard, Automatic Gate, Fenced, Exterior Security Lights, Sidewalks

Miscellaneous

None

Parking

TotalParking: 5

Pool

None

Property

NumberOfUnits: 4, OtherStructures: None, Zoning: LARD1.5, High Ceilings (9 Feet+), Updated/Remodeled

Spa

None

Utilities

Tankless

Windows

Window Blinds

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