$749,000
For Sale

1109 Exposition Boulevard

Los Angeles, CA 90007
1057 sqft | 5 beds | 2 baths | 0.06 acres | #25549149
Listing OfficeKeller Williams Hollywood Hills
Browse 19 photos
Type:Purchase
Structure:House
Zone:Residential

Description

We are pleased to present a rare opportunity to acquire a vacant, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom, 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667 square foot lot zoned LARD2, making it ideal for student housing or co-living arrangements.Given its proximity to USC and the USC Village, this property presents significant income potential, with market rents projected at approximately $1,200 per bedroom. The investment is attractively priced at an 8% cap rate, offering strong returns with minimal operating expenses, as tenants are responsible for covering all utilities including water, trash, gas, and electricity.In addition to its premium location near campus, the property is just a short walk from the Metro Expo Line, providing convenient access to both Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major cultural and sports destinations including the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the upcoming George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, this area continues to grow in both prominence and investment appeal.This is a excellent opportunity to own a well-positioned, high-demand rental property in one of Los Angeles' most dynamic and rapidly developing neighborhoods.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • CountyLos Angeles
      • Property TypePurchase
      • Original List Price$749,000
      • MLS #25549149
      • MLS #25549149
      • Acres0.0612
      • Cost749000
      • Square Feet1057
      • Year Built1912
      • Bedrooms5
      • Bathrooms2
      • Full Baths2
      • Stories1

Location

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