CLOSE TO 5% CURRENT CAP RATE, ALL RENOVATED 6 UNIT APARTMENT IN USC DPS PATROL ZONE WITH GREAT UPSIDE POTENTIAL. 1978 Bonsallo is a charming 6-unit apartment perfect for Student Housing, Cape Cod Style architecture originally constructed in 1923 which is comprised of two structures, consisting of a unit mix of one (1) large detached 3 bed 2 bath house, three (3) great sized 2 bed 1 bath and two (2) large Studios. Every unit features efficient floor plans, a brand new kitchen, a designer-done bathroom, new hardwood-style flooring, and a fresh coat of paint. Boasting almost 3,456 SF of living space, sitting on high demand and desired location for residents with a tranquil tree-lined street, within a couple of blocks to Mt St Mary University and less than a mile distance to the University of Southern California, this is an incomparable acquisition chance for a stabilized asset with even higher upside potential. Also Just a few steps to Crypto Arena, The Memorial Coiseum, LA Live in DTLA, a short bike to the USC Village, walking distance to the Expo line, and centrally located with easy access to the 10 and 110 freeways. Separately Metered, in a Historic preservation neighborhood. (HPOZ).
Courtesy of Vinnie Park, Coldwell Banker Realty
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Data last updated 10/2/22