$1,625,000
15 Bed
11 Bath
6,671
0.16 Acre Lot

2119 S Union Avenue, Los Angeles, California 90007

  • Residential Income Property Type
  • 6,671 Square Footage
  • Driveway Cars Garage
  • 1912 Year Built
Property Description

CASH COW! An exceptional opportunity to own a 6-unit private student housing property near the University of Southern California. Located within USC’s Department of Public Safety Patrol Zone and Campus Cruiser area, this asset offers immediate income with a 6.9% CAP Rate. The property includes a renovated 4-unit building built in 1912 with one fully remodeled unit featuring new plumbing, HVAC, electrical, kitchen, baths, flooring, lighting, doors, windows, and upgraded main water line and electric panel. In addition, there is a brand new 2-story ADU built in 2024 with two 3-bedroom, 3-bathroom townhome-style units designed for student living with modern finishes and efficient systems. The property offers potential for up to 30 beds with double occupancy layouts and is within walking distance to USC Campus, Metro Line, USC Village, and Exposition Park, property located within DPS patrol zone and ride share program. the property is surrounded by strong student rental demand! This investment combines strong existing income with major upside through student unit conversions.

Basic Details
Residential Income
For Sale
25546793
$1,625,000
None
15
11
6,671
1912
0.16 Acre
Active
Features
: Central
: Central Air
: Driveway
: Craftsman
: Wood
$0
Appliances
: Gas Range, Microwave, Dryer, Washer
Address Map
CA
Los Angeles
Los Angeles
90007
Union
2119
Avenue
Take the 10 Freeway and exit at Hoover Street. Go south on Hoover, then turn left on 23rd Street. Turn right on Union Avenue. The property is on the right side between 21st and 22nd Street at 2119 S Union Ave.
C42 - Downtown L.A.
S
LARD2
Additional Information
$0
$0
$0
$0
$0
6671
: Two
6
2025-06-01
2
2
Broker/Agent Information
Keller Williams Los Angeles
Michael R. Fukushima
Listing Information
Stephen F. Watson
CLW-X62757
CLW-X81596
Keller Williams Los Angeles
CLW-X88678
CLW-X81596
Active
2025-06-09T12:19:15Z
CRMLS
: Standard
2025-06-01T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069