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$7,950,000
44 Beds 44 Baths 26851213 MLS Active Status
Less than 650 Feet to USC Campus and only 300 Feet to Expo/Vermont Metro Station. We are pleased to present 1073 Exposition Blvd, a newly constructed (2021) 16-unit, 44-bed multifamily investment opportunity located less than one block from the University of Southern California (USC) and directly adjacent to the USC Viterbi School of Engineering within the USC Department of Public Safety (DPS) patrol zone. Positioned next to the Expo/Vermont Metro E Line Station, the property benefits from exceptional walkability, transit connectivity, and consistent rental demand from both students and conventional apartment renters. Unlike much of the newer student housing inventory surrounding USC, which is designed as dorm-style, by-the-bed housing, 1073 Exposition Blvd was built with apartment-grade construction featuring conventional unit layouts, elevator service, and rooftop amenities. This design creates unique operational flexibility, allowing ownership to continue operating the asset as premium student housing or transition to traditional market-rate apartments serving renters seeking convenient access to Downtown Los Angeles, Mid-City, Culver City, and the Westside via the Metro system. The property consists of 16 fully furnished units across a diverse unit mix of nine three-bedroom units, six two-bedroom units, and one five-bedroom unit. Units feature open floor plans, wood-style flooring, quartz countertops, stainless steel appliances, central HVAC, in-unit laundry, and abundant natural light, providing a modern living experience that appeals to a broad tenant base. Offered at $7,950,000, the property represents an extremely low basis for an elevator-equipped / 2021 built asset at $390 per square foot and $180,682 per bed, significantly below replacement cost and below many competing assets in the USC submarket. The offering offers significant additional upside through rent growth as in-place rents are adjusted toward market levels during future leasing cycles. USC remains one of the strongest housing demand drivers in Southern California, with an enrollment exceeding 46,000 students and a substantial portion of the student population residing off campus. The university's continued focus on enrollment growth, academic expansion, and global recruitment supports long-term demand for quality housing within walking distance of campus. As a recently constructed asset, the property also offers potential tax advantages through cost segregation and accelerated depreciation strategies. Buyers are encouraged to consult with their tax advisors regarding eligibility and potential benefits. With a premier walk-to-campus location, immediate access to rail transit, modern construction, elevator service, strong in-place cash flow, and a compelling sub-$400 per square foot acquisition basis, 1073 Exposition Blvd presents a rare opportunity to acquire a turnkey asset in one of Los Angeles' most durable and supply-constrained rental markets.

1073 Exposition Boulevard, Los Angeles

$1,132,999
4 Beds 3 Baths SR26042300 MLS Active Status
**Major Price Improvement – Priced to Sell Quickly!** Rare opportunity to own a fully rebuilt and expanded property in the rapidly appreciating Jefferson Park neighborhood—ideal for both homeowners and savvy investors seeking long-term value and strong upside potential. Originally built in 1924 and completely reconstructed with full city permits, this property has been expanded by over 560 sq ft and now offers 1,608 sq ft of modern, turnkey living. With major systems, structure, and finishes newly completed, buyers benefit from the reliability and efficiency of effectively new construction. This single-story home features 4 bedrooms and 3 full bathrooms with a highly desirable open-concept layout designed to maximize functionality and comfort. The upgraded kitchen showcases modern cabinetry, sleek finishes, and contemporary appliances, flowing seamlessly into the main living area—ideal for both owner-occupants and future rental appeal. The spacious primary suite and flexible bedroom layout support strong resale and rental demand. Positioned on a 5,326 sq ft lot with a detached garage, the property offers additional value-add potential, including future ADU opportunities (buyer to verify), which could significantly increase income potential and overall property value. Located just minutes from Downtown Los Angeles, USC, BMO Stadium, the Expo Line, and major employment hubs, this area continues to see strong buyer demand, rental demand, and long-term appreciation driven by location and ongoing development. Fully permitted rebuilt homes with expanded square footage and ADU potential in this location are extremely limited. This is a rare chance to secure a turnkey asset with immediate livability, strong resale appeal, and future upside. Serious buyers and investors should act quickly—properties of this quality and investment profile are in high demand. Submit your strongest offer

3416 11th, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.