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1277 W 23RD Street

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1277 W 23RD Street | Los Angeles, CA

$2,200,000

4,370 SQ.FT.

ACTUAL 5.6% CAP RATE! 16% UPSIDE IN RENTS! 30% DOWN PAYMENT! Recession-Proof USC Student Housing. Everything is NEW - Easy Management & Low Maintenance. Turn-Key Property with - All New Copper Plumbing & Drains - Upgraded Electrical System - All New Interiors with Laminate Hardwood Flooring & Recessed Lighting - All New Kitchens with Quartz Counters & Stainless Appliances - All New Bathrooms & Fixtures - All New Milgard Windows. All work completed with permits & approved architectural plans. 100% Occupied - Individual Unit Leases with Parent Guarantees. Located inside USC DPS Patrol Zone. 5 Minute Bike Ride to Campus.
Listing Provided by Peter Strauss, Iconic Investments

Based on information from California Regional Multiple Listing Service, Inc. as of November 12, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.