CA > Los Angeles
Los Angeles, CA 90007,1192 Exposition Blvd
Los Angeles, CA 90007,1192 Exposition Blvd
Los Angeles, CA 90007,1192 Exposition Blvd
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Melissa Seanez

Melissa Seanez

+1(626) 723-6030
$1,949,000
Est. payment /mo
7 Beds
7 Baths
2,220 SqFt
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UPDATED:

11/22/2024 02:51 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,220 sqft

Price per Sqft $877

MLS Listing ID 24-465909

Bedrooms 7

Year Built 1931

Lot Size 6,660 Sqft

Acres 0.1529

Property Description

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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Air Conditioning

Equipment Dishwasher, Dryer, Washer, Garbage Disposal, Microwave, Refrigerator, Range/Oven

Exterior

Garage Detached, Garage - 4+ Car

Garage Spaces 7.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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Listed by Keller Williams Downtown LA

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Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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