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Just Listed – 4 Units Near USC in Los Angeles

Just Listed – 4 Units Near USC in Los Angeles

Stephen Takahashi and Kyle Woods are pleased to present 1400 Exposition Blvd, a large 4-unit building in Los Angeles!

This large 4-unit building is situated in a great location of Los Angeles just minutes away from USC and less than a five-minute walk from the Western / Expo line which runs to the Westside and Downtown. Each unit is roughly 1,000 sq ft and contains all 3 bedroom / 1 bath units. Each unit comes with one covered carport space which is located in the rear of the building.

1400 Exposition Blvd is a 3,996 sq ft building sitting on a 6,002 sq ft lot. Given the property’s exceptional location and high cash flow, this 4-unit property is a fantastic opportunity.


Investment Highlights:
● Very large 3 bedroom units, roughly 1,000 square feet a unit
● Steps away from the Expo / Western Station
● Close proximity to USC and Downtown
● Operating at above a 6% cap rate and 11 GRM


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Area Overview:

Los Angeles is the largest city in the state of California and the second largest in the United States. Often abbreviated as L.A.
and nicknamed The City of Angels, Los Angeles has an estimated population of 3.8 million and spans over 498.3 square miles in Southern California. Additionally, the Los Angeles metropolitan area is home to nearly 12.9 million residents. Los Angeles is the seat of Los Angeles County, the most populated and one of the most diverse counties in the United States.

Los Angeles is the nation’s largest manufacturing area, home to one of its busiest ports, the distribution hub of the west coast and a gateway to Asia. Los Angeles is also the entertainment capital of the world, with most of the country’s major motion picture, television and recorded music operations based there. The city’s expansive metropolitan area is the second-largest in the country, with over 14,000,000 people spread over a land area the size of Maine. Thirty of LA’s suburbs have populations of 80,000 or more. Los Angeles is very diverse, with people from over 140 countries and the largest Latin-American and Asian- American populations of any US city. 

 

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