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.
AGENT: Michael R. Fukushima LISTING BROKERAGE: Keller Williams Los Angeles
Courtesy of Keller Williams Los Angeles. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2119 S Union AV
Los Angeles, CA
Property Details
Price:
$1,525,000
MLS #:
25546793
Status:
Active
Beds:
15
Baths:
11
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Jun 2, 2025
Finished Sq Ft:
6,671
Total Sq Ft:
6,671
Lot Size:
6,999 sqft / 0.16 acres (approx)
Year Built:
1912
CraftsmanC42 – Downtown L.a.C42downtownlaNone
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Schools
Interior
Appliances
MW, GR
Cooling
CA
Flooring
WOOD
Heating
CF
Laundry Features
DINC, WINC
Levels
U
Exterior
Architectural Style
CRF
Common Walls
_1CW
Parking Spots
2
Parking Total
2
Security Features
COD, FSDS
View
NO
Financial
Gross Operating Income
$159,264
Net Operating Income
$112,395
Map
Community
- Address2119 S Union AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
