$3,795,000

1220 W 27th Street, Los Angeles, CA 90007

  • 16 beds
  • 5,108 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $743/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are pleased to present a premier student housing investment opportunity at 1220 W. 27th Street, located just steps from the University of Southern California (USC).Positioned north of campus in the highly desirable DPS Patrol Zone, this asset offers unmatched security, convenience, and demand from USC's growing student population.The property consists of a two-story wood-frame and stucco building on a raised foundation, with 5,108 SF of living space on a 6,346 SF lot. Extensively updated and remodeled in 2024, the building showcases brand-new hardwood floors, quartz countertops, stainless steel kitchen appliances, in-unit washer/dryers, double-pane windows, copper plumbing, and an upgraded electrical panel. The roof is in excellent condition, providing long-term stability and minimal deferred maintenance for new ownership.Currently configured as 16 bedrooms, the property is fully leased to USC students and generates a strong gross income of $23,333/month. There is currently one (1) vacant bedroom, that can be rented for an additional $1,500/month, which would bring the total scheduled income to $24,933/Month. Each unit is individually metered for gas and electricity, reducing operating expenses and maximizing efficiency.A major value-add component exists through the property's

Listing Status:
Active
Date Added:
October 1, 2025 at 05:00AM
Listing Office:
Keller Williams Hollywood Hills : 310-623-1300
Listing Agent:
Davis Saadian : 310-402-8958
MLS ID:
CL25600061
  • Laundry: DryerWasherOther
  • A/C: Other
  • Parking: Private
  • County: Los Angeles
  • Zoning: LARD5055027008

This listing courtesy of Davis Saadian, Keller Williams Hollywood Hills

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vermont Avenue Elementary

1435 W 27th St, Los Angeles, CA, 90007

Grades KG-5

0.34 miles away

T

Thirty-Second Street Usc Performing Arts

822 W 32nd St, Los Angeles, CA, 90007

Grades KG-12

0.46 miles away

T

Thirty-Second Street Usc Performing Arts

822 W 32nd St, Los Angeles, CA, 90007

Grades KG-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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