High-Revenue Student Housing Opportunity at USC Reduced to Sell. Gorgeous Victorian-style student housing complex 1 block from USC Gate 5, McDonald's Olympic Swim Center and University Village. Units are furnished with upgraded interiors. Property has all copper plumbing, new electrical service, and laundry facilities. Rear building is two 3-bedroom units built in 2007 with garage parking off-alley. Students pay all utilities (except water). In-place leasing manager keeps vacancy at zero and caters to foreign graduate students with 12 month leases. Already 75% leased for next year beginning August, 2013. Steady stream of incoming tenants via leasing manager's company and website. This property is part of a portfolio but can be purchased separately.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 1116 30TH Street, Los Angeles (City), CA 90007 is currently for sale.
1116 30TH Street is listed for $2,350,000.
This property has approximately 6,302 square feet.
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