Don't miss this value-add USC student housing opportunity just a few blocks from campus and located within the DPS Patrol Zone. The property is currently leased for $2,400 and occupied by USC students, providing immediate income. Approved plans allow for the existing single-family home to be reconfigured from a 2-bedroom, 1-bath layout into a 3-bedroom, 2-bath unit, along with the conversion of the existing garage into a 4-bedroom, 4-bathroom ADU. This setup increases the overall bedroom count and offers strong upside in a high-demand student rental area. Zoning on the property is LARD2.
Located within the USC Patrol Zone, this 3BR/1BA fixer not subject to RSO is full of potential—ideal for buyers using conventional/rehab financing and investors seeking upside. Highlights include a great interior layout, covered front porch, a long side driveway with ample off-street parking, and a private rear patio/yard that feels like your own oasis in the heart of L.A. Enjoy being minutes from USC, Exposition Park, the Coliseum, BMO Stadium, the Galen Center, Shrine Auditorium, the California Science Center, and the Natural History Museum. The neighborhood is also positioned near major public investment, including $351.5M in state funding tied to Exposition Park improvements and the Star Wars museum, a major new cultural destination planned for Exposition Park.
***FRACTIONAL INTEREST SALE PROBATE SALE***Only 50% ownership interest in the property is being sold. Property is sold AS IS, with no representations or warranties made by Seller. Seller has no knowledge of the property and limited financial information is available. Buyer to conduct all investigations and due diligence. Court confirmation may be required.
This historic 5-bedroom, 2-bath Victorian home sits on a large 8,735 SF lot in the University Park neighborhood, just minutes from USC Campus and Mount Saint Mary's Doheny. The property is also within the USC DPS Patrol zone and Rideshare program. Built in 1888, the 1,392 SF home retains its original charm and character, with a spacious basement that could be converted into an additional unit. In the rear of the property you will also find a large lot that offers plenty of space for additional ADUs or other structures (subject to city and HPOZ approval), making it a great opportunity for an owner-user or an investor looking to maximize the property by renting to students. The property may also qualify for Mills Act tax savings (buyer to verify). A rare chance to own a historic home with flexible options for living, expansion, or income in a prime LA location.
Welcome to 2647 Raymond Ave, a beautifully updated 4-bedroom, 2-bathroom home offering an impressive 2,639 sq. ft. of living space in the heart of the USC Patrol Zone! Perfectly located just minutes from campus, this property delivers incredible versatility; ideal for student housing, USC faculty or staff, or program-based housing such as affordable or transitional use. The home has been thoughtfully updated over the years, featuring a stylish kitchen with stainless steel appliances, newer cabinetry, hardwood flooring throughout, and remodeled bathrooms with modern finishes. The spacious layout provides excellent functionality for shared living or comfortable owner occupancy. Located within an HPOZ and enrolled in the Mills Act, the property also benefits from significant property tax savings while preserving its historic charm. Sitting on a large lot with outstanding ADU potential, the property offers the flexibility to expand, add additional units, or create a separate income-producing space (buyer to verify). The home will be delivered vacant, giving any buyer the opportunity to immediately occupy or maximize rental income by tailoring the layout to fit student housing demand. Located within walking distance to USC, the Village, Exposition Park, the Coliseum, Trader Joe's, and countless local amenities, this property stands at the intersection of convenience, community, and long-term value. Whether you're an investor seeking a strong income-producing asset or an owner-user looking for a spacious, move-in-ready home near USC, 2647 Raymond Ave is a rare find in one of LA's fastest-growing neighborhoods.
READY TO MOVE IN!!! Welcome to 2109 Toberman St, in desirable DPS-Patrolled neighborhood Blocks away from USC-it Offers easy access to restaurants, Cafes and Transit, Perfect for Students, Professionals or Families. This Craftsman blends timeless character, 5 bedrooms, 3Bathrooms, inside access to finish Basement, formal dining room, 2 balconies on the 2nd floor. This Home truly has it all and is a must-see, must have opportunity! (Strong rental returns in USC's dynamic community.)
Price Reduced $175K! Welcome to 1492 W. 28th St, a premier investment & development opportunity located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This property is being offered with RTI (Ready-To-Issue) permits to build a brand-new 11-bedroom / 11-bathroom duplex in the rear, creating a rare opportunity to purchase and develop a prime student housing asset while generating rental income during construction(Projected 9.02% Cap Rate Post Completion). The existing 5-bedroom / 3-bathroom front house has been completely renovated with modern finishes and updated systems, and is currently leased at $6,000/month. Upon completion of the rear development, the property will total 16 bedrooms and 14 bathrooms, perfectly suited for student housing, co-living, or traditional rentals in one of LA's strongest rental markets. The approved plans feature large, well-designed bedrooms, each with its own ensuite bathroom, making the units significantly easier to lease and ideal for maximizing rent potential. With RTI permits already secured, investors and developers can bypass the time-consuming entitlement process and break ground immediately. Located within close proximity to USC, Exposition Park, Downtown LA, and Metro lines, the property benefits from constant demand and excellent rental comps. This is a rare opportunity to acquire a turnkey property with substantial cash flow and long-term value-add potential. Nearby attractions include USC Village, Trader Joe's, City Target, and a wide variety of popular restaurants and local amenities that make this location highly desirable for tenants. Contact listing agent for more details! *Projections are based on an estimated construction cost of $225 per square foot, providing a realistic outlook for future development potential.
Location, Location, attention all interested builders, this single-family home located just a short walk to USC (University of Southern California) with a high demand for USC student housing. Walk-to-USC, transit-rich Expo Park corridor! Minutes to USC Village, the Expo/Vermont E-Line, Natural History Museum, California Science Center, LA Memorial Coliseum, BMO Stadium, and DTLA. This single-family is a prime value-add, remodel, expand, or explore redevelopment in a high-demand rental location (buyer to verify zoning and city requirements). Strong area rent demand, and unbeatable amenities make this an ideal investor/builder opportunity. Sold as-is. Drive-by only; submit offers subject to interior inspection. Property to be delivered vacant three (3) days after close of escrow. Please do not disturb occupants.
***House is now vacant, cleaned, and ready for sale!*** Welcome to "Terrace House," an incredible opportunity to own a fully renovated, move-in-ready, corner lot, single-family house located less than a mile from USC and located within the USC Department of Public Safety Patrol Zone. This house is a thoughtfully upgraded 3-bedroom, 3-bathroom residence that blends modern finishes with practical design and comfort. The first floor opens to a spacious wrap-around patio, ideal for entertaining or relaxing, while the second floor features a private terrace finished with turf, perfect for enjoying the LA sunshine. Inside, the open-concept living space centers around a sleek modern fireplace and flows seamlessly into a brand-new kitchen equipped with stainless steel appliances. Each bedroom is generously sized, and all three bathrooms have been stylishly remodeled. Additional highlights include in-unit laundry and parking for up to three cars a rare convenience in this highly sought-after neighborhood. Whether you're purchasing for personal use or as an investment near USC, this turnkey home offers outstanding value and long-term upside.
A Rare Canvas for Visionaries in the Heart of Los Angeles in West Adams area! Discover the limitless potential of 1470 W. Adams Blvd—a grand historic estate and prime development site just steps from USC and the vibrant pulse of Los Angeles. This stately 12-bedroom residence, sprawling across 4,313 square feet, sits on an impressive 12,765 sq ft lot, offering both the charm of yesteryear and the promise of tomorrow. Perfectly positioned within the Adams-Normandie Historic Preservation Overlay Zone, this property is a treasure trove for investors, developers, and creative minds. With LAC2 zoning and Tier 3 TOC incentives which includes a density bonus of up to 70% above the existing zoning, a floor area ratio (FAR) increase of up to 50%, and reduced parking requirements.the possibilities are as expansive as the lot itself. Imagine transforming the existing structure into stylish multi-unit living, or envision a new multi-story development in the generous rear yard—potentially accommodating 31 units by right and up to 51 units with TOC (buyer to verify). The site’s historic status also opens doors to unique tax credits and preservation programs, further enhancing long-term value. Location is everything, and this property is in close proximity to USC, enjoys effortless access to the Metro Expo Line, and world-class destinations like Exposition Park, the LA Coliseum, the upcoming George Lucas Museum. Downtown LA and major freeways. This property is perfectly situated for strong rental demand and future appreciation. Whether you’re seeking to create modern student housing, capitalize on affordable housing incentives, or craft a legacy project in one of LA’s most dynamic corridors, 1470 W. Adams Blvd is your blank slate. The property will be delivered vacant—ready for your vision to take shape. Opportunities like this are exceedingly rare. Schedule your private tour today and unlock the next chapter of this historic LA gem!
Welcome to your ideal investment or personal residence in the heart of one of LA's most sought-after neighborhoods! Just a mile from the University of Southern California (USC) and USC Village, This charming 2-bedroom, 1-bathroom. Offering an ideal blend of residential comfort and strong investment potential. Inside, you'll find an inviting layout featuring original hardwood floors, a spacious living room, formal dining area, and a well-appointed kitchen equipped with appliances and an in-unit washer and dryer. The bathroom has been updated with tasteful tile and a glass-enclosed shower, adding to the home's appeal. Situated in the Adams-Normandie Historic Preservation Overlay Zone (HPOZ), this home places you in close proximity to Downtown LA, L.A. Live, the Coliseum, BMO Stadium, Expo Park, Trader Joe's, and the future Lucas Museum of Narrative Art. Commuters will appreciate the quick access to the 10 and 110 freeways, making it easy to navigate the city. Adding to the value, the property comes with RTI (Ready-To-Issue) plans to build a 2-bedroom, 1-bathroom ADU (Accessory Dwelling Unit) with a private entrance and separate address. These plans also include a second bathroom addition to the main house, offering even more functionality. Once completed, the ADU is estimated to generate approximately $3,000 per month in rental income. The main home has previously rented for $3,200 per month, making the total potential income over $6,200 per month. Attractive financing options are also available. Loan programs available; please call to inquire. These programs are available to both first-time and repeat buyers.
Investor Special Near USC! Welcome to 2920 Van Buren Pl — a large 2-story, 4 bed, 2 bath home with tons of potential. Located on a prime street just minutes from USC, Exposition Park, and Downtown LA, this property sits on a spacious lot with a detached 2-car garage—perfect for ADU conversion. The home needs some TLC, making it an ideal project for investors, flippers, or anyone looking to create value. With strong rental demand in the area and huge upside potential, this is a rare opportunity you don’t want to miss! It is contingent on seller closing concurrently with their replacement property.
We are pleased to offer the opportunity to acquire this student housing Single Family Residence, located in the highly desirable DPS Patrol Zone, and about 1 block to the University of Southern California (USC). This 3-bedroom + 2-bathroom house has been updated & remodeled - featuring hardwood floors, newer kitchen appliances, granite counter tops, AC mini-splits, double pane windows, tiled showers with glass enclosures, & an in-unit washer & dryer. The 2,981 SF lot is zoned LAR2, and has the space to construct a junior ADU (Buyer to verify). In addition to its proximity to USC, the property benefits from being walking distance to a Metro Expo Line station offering a short commute to Downtown Los Angeles and the Westside. The property is also nearby to Exposition Park, home of the world-famous LA Coliseum, the new LAFC Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics.
This Charming Victorian Home is located in the Historical West Adams District. The gated 5 Bedroom 3 Bath 2766 Square foot home has been totally renovated throughout with all new windows, flooring, stainless steel appliances, washer/dryer, HVAC, ,electrical, plumbing and solar panels that are owned not leased. As you enter the foyer the original seating is still intact as well as the beautiful beams overhead. When you walk into the Great Room with lots of natural light notice the pocket doors that lead into the large Dining Area with the original Fireplace. As you continue to the Kitchen with its quartz counters and all white custom cabinets with all new appliances that leads to a service porch with more storage and also houses the washer/dryer and refrigerator that leads to the huge backyard. All Bedrooms are upstairs with an additional 2 full Bathrooms with ample storage. Look no further because this home has everything you need for whatever projects you wish to pursue. You can move in and enjoy all it has to offer or perhaps rent to USC students. The backyard can be used to build an additional ADU as it is zoned LAR2 so your options are wide open. You are close to all the restaurants and museums as well.
Great investment property with 3 large units and gated parking for tenants. Units are near USC campus on a large corner lot with excellent curb appeal. Very well kept property and maintained by management.
PRICE TO SALE MOTIVATED SELLER ......Excellent fixer-upper property just steps from USC! This three-bedroom, one-bath home sits on a 3,334 sq. ft. corner lot, offering incredible potential for redevelopment and maximizing its use.
Attention investors or families looking for a Real Estate opportunity! 2921 Kenwood Ave is ready to be purchased. This single family home is located minutes from USC (property is in the DPS Patrol Zone). Great for a big family or investor looking for a rental. Property can possibly be converted into a Student Housing Development area (buyer to verify). This is a probate sale that will not require court confirmation. Property can be sold together with 2917/2919 Kenwood Ave, Los Angeles, CA 90007.
Los Angeles is located in California. Los Angeles, California 90007has a population of 3,902,440. Los Angeles 90007 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90007 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90007 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
