Log In/Sign Up
Your email has been sent.
1175-1181 Leighton Ave
Los Angeles, CA 90037
Multifamily Property For Sale
·
10 Units
Investment Highlights
- No Rent Control!
- Fully leased 2026 construction 10-unit delivering a true 6.62% cap rate inclusive of a 4% management fee
- Highly rentable unit mix: 8x 3b/3b, 2x 1b/1b
- Located 0.5 miles from USC within the USC Lyft Zone near Exposition Park and the Metro E Line
- Gross monthly income: $36,030 | Annual income: $432,360 | Net Operating Income: $330,706
- 26 on-site parking spaces offering one space per rentable bedroom
Executive Summary
The 5+ Unit Specialists are pleased to present 1175 and 1181 Leighton Avenue, a fully leased, 2026-built 10-unit portfolio offering a combination rarely found near USC: two side-by-side five-unit properties, 26 rentable bedrooms, 26 parking spaces and a 6.62% cap rate (inclusive of a 4% management fee), all just 0.5 miles from USC campus. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 3-bedroom, 3-bathroom residences and two, highly rentable, 1-bedroom, 1-bathroom ADUs. Each bedroom in all residences has its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio generates $432,360 in annual gross income and is offered fully stabilized with established rental history. Units are separately metered for
ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. These are not typical student rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. The property is also equipped with EV charging and solar! Beyond USC, residents are moments from Exposition Park, BMO Stadium, the LA Memorial Coliseum, the Natural History Museum and the California Science Center. The portfolio is also located within the USC Lyft Zone and offers convenient access to the Metro E Line, Downtown Los Angeles, Culver City and Santa Monica. This central location supports a deep and diverse tenant pool while giving investors the stabilized income, modern construction, parking and operational simplicity that are increasingly difficult to find in a single acquisition
ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. These are not typical student rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. The property is also equipped with EV charging and solar! Beyond USC, residents are moments from Exposition Park, BMO Stadium, the LA Memorial Coliseum, the Natural History Museum and the California Science Center. The portfolio is also located within the USC Lyft Zone and offers convenient access to the Metro E Line, Downtown Los Angeles, Culver City and Santa Monica. This central location supports a deep and diverse tenant pool while giving investors the stabilized income, modern construction, parking and operational simplicity that are increasingly difficult to find in a single acquisition
Property Facts
| Price Per Unit | $499,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 6.62% | Building Size | 13,618 SF |
| Gross Rent Multiplier | 11.55 | No. Stories | 3 |
| No. Units | 10 | Year Built | 2026 |
| Property Type | Multifamily | Parking Ratio | 1.91/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $499,500 |
| Sale Type | Investment |
| Cap Rate | 6.62% |
| Gross Rent Multiplier | 11.55 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 13,618 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 1.91/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Site Amenities
- Laundry Facilities
- Tenant Controlled HVAC
- Gas Range
- Car Charging Station
- Public Transportation
- Private Bathroom
- Solar Panels
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 1 | $3,800 | 1,316 |
| 3+3 | 1 | $3,650 | 1,316 |
| 3+3 | 1 | $3,950 | 1,621 |
| 3+3 | 1 | $3,800 | 1,621 |
| 1+1 | 1 | $2,245 | 935 |
| 3+3 | 1 | $3,895 | 1,316 |
| 3+3 | 1 | $3,895 | 1,316 |
| 3+3 | 1 | $4,200 | 1,621 |
| 3+3 | 1 | $4,200 | 1,621 |
| 1+1 | 1 | $2,395 | 935 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,801,116 | |
| Land Assessment | $1,695,533 | Total Assessment | $3,496,649 |
Property Taxes
Parcel Numbers
Land Assessment
$1,695,533
Improvements Assessment
$1,801,116
Total Assessment
$3,496,649
1 of 64
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
