1109 Exposition Boulevard, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 Allstars
1109 Exposition Boulevard,Los Angeles, CA 90007
$975,000
- 5 Beds
- 2 Baths
- 1,057 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills310-623-1300
MLS#:26697333
Source:CRMLS
Price summary
- Price:$975,000
- Price per sq. ft.:$922.42
About this home
We are pleased to present a rare opportunity to acquire a vacant, fully renovated, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom + 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667 square foot LARD2-zoned lot, making it ideally suited for student housing or co-living arrangements. The property has recently undergone extensive renovations, including a brand-new kitchen, updated bathrooms with modern tile work and glass shower enclosures, new vinyl plank flooring throughout, and fresh interior and exterior paint. A dedicated on-site laundry area is conveniently located outside of the property. Given its premier location just steps from campus and the USC Village, the property offers exceptional income potential. Each bedroom can achieve approximately $1,500 per month, resulting in a projected gross income of $7,500 per month. Additionally, tenants are responsible for all utilities, including water, trash, gas, and electricity, helping keep operating expenses low and maximizing net income for the owner. The investment is priced at a 7.5% cap rate, an excellent cash-flow opportunity. Beyond its proximity to USC, the property is within walking distance to the Metro Expo Line, providing easy access to Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major attractions such as the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the future George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, the area continues to experience strong growth and increasing demand. This is an excellent opportunity to acquire a turnkey, high-demand rental property in one of Los Angeles' most dynamic and rapidly evolving neighborhoods....
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Home facts
- Year built:1912
- Listing ID #:26697333
- Added:1 day(s) ago
- Updated:April 10, 2026 at 05:27 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Kitchen Description:Disposal
- Living area:1,057 sq. ft.
Structure and exterior
- Year built:1912
- Building area:1,057 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Craftsman
- Levels:1 Story
Finances and disclosures
- Price:$975,000
- Price per sq. ft.:$922.42
Features and amenities
- Appliances:Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:2
- Parking description:Gated, Private
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