2104 Park Grove Ave, Los Angeles, CA 90007

2104 Park Grove Ave, Los Angeles, CA 90007

Los Angeles, CA
$1,350,000

Property Description

We are pleased to present 2104 Park Grove in the USC Patrol Zone, in a great pocket just north of campus. 2104 Park Grove Ave is a 6 unit value add opportunity, with a potential ADU development, and a robust student demographic offering a unique value-added opportunity. 1 two bedroom unit will be delivered vacant at the close of escrow. With student housing in the surrounding neighborhood, the subject property offers an investor the ability to capitalize on the student renter demographic creating significant upside potential. The property is within walking distance to the USC Campus and the USC Village, which includes a variety of shops, dining, an amenities, such as Starbucks, Trader Joes, Sunlife Organics, Corepower Yoga, Target, and many more offerings making the area amenity rich for tenants. Call Listing agents for an Offering Memorandum.

Property Features

  • Sale Price: $1,350,000
  • Area Size: 4,052 Sq Ft
  • Year Built: 1912
  • Listing Date: 03/25/2024
  • Units: 6
  • Current GRM: 11.73
  • Current Cap Rate: 5.33

Lyon Stahl Investment Real Estate

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