2621 Juliet, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 Coastal Properties
2621 Juliet,Los Angeles, CA 90007
$850,000
- - Beds
- - Baths
- 2,088 sq. ft.
- Multi-family
- Active
Listed by: maxwell thurman
Office: t.n.g. real estate consultants714-987-3310
MLS#:PW26114278
Source:CRMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$407.09
About this home
Positioned in the heart of the USC rental market and located within the USC Department of Public Safety (DPS) patrol zone, 2621 Juliet Street presents a rare opportunity to acquire a stabilized duplex with immediate upside and strong in-place fundamentals. The property currently operates at an estimated 6% cap rate with a projected gross scheduled income multiplier of 11.8 years, offering investors a compelling blend of cash flow, location, and future rental growth potential. The upper unit is a turnkey 4-bedroom, 2-bath residence that will be delivered vacant at the close of escrow, creating the opportunity for an owner-user, student housing operator, or investor to immediately achieve fair market rents. The unit has been thoughtfully maintained and features two separate access points, in-unit washer and dryer, individual window A/C units in each bedroom, installed blinds throughout, and dedicated driveway parking for up to three vehicles. The lower unit consists of a 3-bedroom, 2-bath floor plan occupied by long-term tenants currently paying $2,600 per month on a 2-year lease, providing stable income from day one. Beyond the income profile, ownership has invested significantly into the property’s infrastructure and major systems. Recent improvements include foundation and seismic retrofit work, upgraded pier and post systems, new girder beam support installation, roof repairs and maintenance, plumbing upgrades including dual 40-gallon water heaters, and a substantial electrical modernization that included a new 2-meter 200-amp main panel relocation with upgraded feeders and future generator connectivity.
For investors seeking a well-positioned asset near one of Los Angeles’ most consistent housing demand drivers, 2621 Juliet Street offers the increasingly rare combination of strong current income, meaningful capital improvements, and immediate rental upside in a high-demand USC-adjacent location....
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Home facts
- Year built:1906
- Listing ID #:PW26114278
- Added:64 day(s) ago
- Updated:August 01, 2026 at 11:04 AM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Gas Oven
- Living area:2,088 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1906
- Building area:2,088 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Craftsman
- Foundation Description:Pillar Post Pier
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$407.09
Features and amenities
- Laundry features:Inside, Stacked
- Amenities:All Bedrooms Up
Parking
- Total parking spaces:3
- Parking description:Driveway
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