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Millman Team Real Estate

$4,750,000
22 Bed
22 Bath
9,003 Sqft
0.15 Acre Lot

3017 Kenwood Avenue, Los Angeles, California 90007

  • Residential Income Property Type
  • 9,003 Sqft Square Footage
  • 2026 Year Built
Property Description

Introducing 3017 Kenwood Ave, a premier newly constructed student housing investment located within the University of Southern California (USC) DPS Patrol Zone. Completed in 2026 and delivered fully occupied, this high-quality asset offers immediate, stabilized cash flow with approximately $38, 925 per month in gross income ($467, 100 annually) and a strong 7.65% cap rate, with tenants responsible for utilities. The property is currently configured as 14 income-producing rental suites across 22 oversized bedrooms, creating a highly efficient and desirable layout tailored to student housing demand. The design maximizes both privacy and rental income, allowing for strong performance and consistent occupancy. Spanning approximately 9, 003 square feet, the building features spacious layouts and high-end finishes throughout. The property also includes six on-site parking spaces, a valuable amenity for both tenants and operators in the USC market. The property is delivered fully furnished, providing a seamless, turnkey investment with minimal ongoing capital requirements. Its flexible suite-style configuration supports rent-by-the-room, private suite leasing, or co-living strategies, allowing investors to maximize income and adapt to evolving demand. Ownership is open to continuing management, offering a seamless transition and operational continuity for the next owner. Situated just minutes from USC and within the DPS Patrol Zone, the property benefits from one of the most desirable student housing locations in Los Angeles. It is also near the Expo/Vermont E Line Metro Station, offering convenient access to Downtown Los Angeles and surrounding amenities. With the 2028 Olympics approaching and continued demand driven by USC’s growing student population, 3017 Kenwood Ave represents a rare opportunity to acquire a newly built, fully stabilized, high-income asset in one of Los Angeles’ most resilient rental markets. *Buyer to verify current configuration and all permits. Layout is non-conforming.

Basic Details
Residential Income
For Sale
26859185
$4,750,000
22
22
9,003 Sqft
2026
0.15 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90007
Kenwood
3017
Avenue
W119° 42' 2''
N34° 1' 36''
3017 Kenwood Avenue, 90007
C16 - Mid Los Angeles
LAR3
Additional Information
$0
$0
$0
$0
$0
9003
: Three Or More
5
2026-07-15
4
Broker/Agent Information
Keller Williams Beverly Hills
Adam Shamooelian
Listing Information
CLW-C136898
CLW-X74054
Active
2026-09-25T02:02:49Z
CRMLS
: Standard
2026-07-15T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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