CA > Los Angeles
Los Angeles, CA 90007,2119 S Union AVE
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Los Angeles, CA 90007,2119 S Union AVE
Los Angeles, CA 90007,2119 S Union AVE
Los Angeles, CA 90007,2119 S Union AVE
Los Angeles, CA 90007,2119 S Union AVE
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Nick Anselmo

Nick Anselmo

Abundance Real Estate

+1(951) 816-0339
$ 1,625,000
Est. payment /mo
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2119 S Union AVE Los Angeles, CA 90007

15 Beds

11 Baths

6,671 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,671 sqft

Price per Sqft $243

MLS Listing ID 25546793

Bedrooms 15

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1912

Lot Size 7,000 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplace No

Appliance Gas Range, Microwave, Dryer, Washer

Exterior

Parking Features Driveway

View Y/N No

View None

Total Parking Spaces 2

Building

Story 2

Entry Level Two

Architectural Style Craftsman

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5124002010

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Michael R. Fukushima • Keller Williams Los Angeles
agent

Nick Anselmo

Co-Founder / Realtor | License ID: 02097746

+1(951) 816-0339

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2119 S Union AVE

ABUNDANCE REAL ESTATE
#02097746, #01885684
 
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