$2,565,000
$2,950,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
19 Beds
16 Baths
6,500 SqFt
SOLD DATE : 08/12/2026
Key Details
Sold Price $2,565,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $394
MLS Listing ID 26830505
Sold Date 08/12/26
Bedrooms 19
HOA Y/N No
Year Built 2023
Lot Size 5,871 Sqft
Property Description
We are pleased to present 1237 W 25th Street, a 19-bed student housing investment opportunity located immediately north of the USC campus, within the USC Department of Public Safety (DPS) 24-hour patrol zone. The property totals approximately 6,500 rentable square feet across two separate structures, offering a diverse unit mix designed to accommodate both individual students leasing by the bed and larger groups seeking shared living arrangements. The property consists of four units across two structures: a 4-bedroom/3-bath and a studio in the front building, and two 7-bedroom/6-bath townhouse-style residences in the rear. Unit sizes range from a self-contained studio to expansive 7-bedroom layouts, accommodating a broad spectrum of student housing needs from individual renters seeking affordability to large groups looking for shared community living. Each unit is fully furnished with in-unit laundry, large kitchens, and oversized common spaces, creating strong, consistent tenant appeal across the entire property.Offered at a 6.14% cap rate and a 10.01 GIM, this asset provides a stronger yield compared to many conventional multifamily properties currently trading at lower cap rates. The property is less than a mile from USC Village and just north of the Expo/Vermont Metro Station, providing direct access to Downtown Los Angeles, Mid-City, and the Westside.Remodeled in 2023, the front structure underwent a full to-the-studs reconstruction with a brand-new foundation, framing, and roofing system. Interiors feature modern finishes including quartz countertops, stainless steel appliances, tiled showers with glass enclosures, new flooring, and in-unit washers and dryers. The rear structure is a ground-up new construction, also completed in 2023, mirroring these high-end finishes throughout creating a cohesive, low-maintenance asset with strong tenant appeal. USC enrolls over 46,000 students, with approximately 65% living off campus, creating a deep pool of rental demand. The university continues to climb in national rankings and received a record 83,488 freshman applications for Fall 2025. Student housing near USC benefits from structurally resilient demand supported by consistent enrollment, predictable lease cycles, and a tenant base less correlated with traditional economic drivers. Beyond its strong in-place cash flow, the property provides investors with compelling tax advantages. Under the One Big Beautiful Bill Act, multifamily assets may qualify for 100% bonus depreciation, offering the potential to materially shelter income in the early years of ownership.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Cooktop, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Pool None
Community Features Gated
View Y/N No
View None
Porch None
Total Parking Spaces 3
Private Pool No
Building
Faces South
Story 2
Entry Level Two
Architectural Style See Remarks
Level or Stories Two
New Construction Yes
Others
Senior Community No
Tax ID 5055016006
Security Features Gated Community
Financing Cash
Special Listing Condition Standard
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Bought with WENDY ZHEN Stanfles Realty
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