855.375.4001
Listed by Aram Gaboudian - Keller Williams Realty Downey
$1,949,000 affordable loan icon Calculate Payment

1192 Exposition Boulevard Los Angeles, CA 90007

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Cluster Residence
7 Beds
7 Baths
... Bed/Bath
2,275 Sq. Ft.

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Last updated on 1/8/2025 11:49 PM
3 of 4 units are vacant at the completely remodeled Bungalows on Exposition ready to get market student housing rates. Many buildings in the area get $1500/mo rent per bedroom making the total projected rents $10,900/mo. 3 of the units are en-suite 2 beds 2 baths with projected rents at $9,000/mo. ...One unit is 1 bed 1 bath with a projected rent of $1900/mo. The very large garage in the back is a 3 bedroom ADU potential. The building is 2 short blocks from USC, the Expo/Vermont Metro Station, and the all new Lucas Museum of Narrative Art at Exposition Park opening in 2025. The museum is on 11 acres with 100,000 SF of restaurants, retail, and two state-of-the-art theaters. Look it up! These are 3 exceptional points of attraction for an investor. The building is bungalow style completely remodel in 2019 with new kitchens, bathrooms, flooring, central air & heat, security systems, concrete, and more. Washer/Dryer inside each unit. Designed for USC students looking for a quiet smaller building where security & cleanliness is important. Plenty of parking. Many buildings in the area charge for parking spots. Front patio for hanging out or grilling. Environmentally conscious materials & low maintenance landscaping. There's a security gate in the front & the perimeter is fenced. The complex is well lighted for safety. Students typically have guarantors, stipends from student loans, and the rental agreements are for one full calendar year. Continue reading
MLS#
24465909
Property Type
Cluster
Bedrooms
7
Bathrooms
Year Built
1931
Square Feet
2,275 sq. ft
Lot Size
0.15
Stories
1.0

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Listed by Aram Gaboudian - Keller Williams Realty Downey
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 1/8/2025 11:49 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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