$ 7,895,000
2343 Scarff ST Los Angeles, CA 90007
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 7,895,000
Est. payment /mo
New
2343 Scarff ST Los Angeles, CA 90007
34 Beds
32 Baths
21,770 SqFt
UPDATED:
10/29/2024 11:22 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 21,770 sqft
Price per Sqft $362
MLS Listing ID 24457811
Bedrooms 34
HOA Y/N No
Year Built 1910
Lot Size 8,781 Sqft
Property Description
EXCELLENT INVESTMENT OPPORTUNITY for USC STUDENT HOUSING! 30 unit property plus one 4 Bedroom ADU! Property generates over $55,000 in rental income per month! 6.20% CAP Rate and 11.63 GRM on existing Income! Property has a mix of 18-1 Bedroom units, 12-Studio Units and one new 4 Bedroom+2 Bathroom ADU. Property is 3 stories also including a basement and a rooftop deck. Property is professionally managed and occupied for the 2024-2025 USC school year. Property has a Mills Act designation and has property tax savings! DRIVE BY ONLY! DO NOT DISTURB TENANTS!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Garage None
Parking Type None
Building
Story 3
Entry Level Three Or More,Multi/Split
Level or Stories Three Or More, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5124012021
Special Listing Condition Standard
Listed by Michael R. Fukushima • Keller Williams Realty Downey