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2104 Park Grove Ave
Los Angeles, CA 90007
USC 6 Unit Apartment Building · Multifamily Property For Sale
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6 Units
Investment Highlights
- Great location north of the USC Campus making this a potential student housing opportunity and creating huge upside potential for an investor
- Features an excellent unit mix with (1) 1 Bed / 1 Bath, (2) 3 Bed / 1 Bath, (1) 3 Bed / 2 Bath, (1) 2 Bed / 1 Bath, and a Single / (1) Bath
- The location benefits from a Very Walkable score of 86, an excellent transit score of 84, and very bikeable score of 82 making this an ideal location
- Rents are approximately 46% below market, delivered with 1 vacant unit and potential to build ADU in the rear of the lot
- Walking Distance to USC Village, which features Trader Joes, Sunlife Organics, Corepower Yoga, Target, Cava and many other shops and restaurants
Property Facts
| No. Units | 6 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.16 AC | Year Built | 1895 |
| Building Size | 4,052 SF | ||
| Zoning | LARD1.5 - Multi-Family | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 4,052 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1895 |
| Zoning | LARD1.5 - Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,750 | - |
| 3+1 | 2 | $2,650 | - |
| 3+2 | 1 | $3,200 | - |
| 2+1 | 1 | $2,350 | - |
| Studios | 1 | $1,450 | - |
Property Taxes
| Parcel Number | 5124-031-002 | Improvements Assessment | $167,615 |
| Land Assessment | $384,729 | Total Assessment | $552,344 |
Property Taxes
Parcel Number
5124-031-002
Land Assessment
$384,729
Improvements Assessment
$167,615
Total Assessment
$552,344
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