1248 Adams Blvd Los Angeles, CA 90007

This exceptional 15-unit, 36-bedroom student housing complex, built in 2002, offers a prime investment opportunity near the University of Southern California (USC). The four-story building, boasting 24,771 square feet on an 11,677 square foot lot, features a controlled-access elevator and subterranean parking garage with 34 spaces (2.3 per unit). Each stylishly remodeled unit includes high ceilings, balconies, new hardwood flooring, updated appliances (refrigerator, range, microwave, dishwasher), new bathrooms, TVs in every room, A/C, and more. The unit mix comprises nine 2-bedroom, 2-bathroom flats; three 3-bedroom, 2-bathroom flats; and three 3-bedroom, 3-bathroom flats. Amenities include on-site laundry, bike racks, surveillance cameras, and a rooftop deck with breathtaking views of Downtown LA and Hollywood. Located near USC Village and L.A. Live/Crypto.com Arena, the property benefits from its proximity to numerous amenities and is within the USC Department of Public Safety (DPS) patrol area, ensuring 24/7 security. The property is zoned LAR4. This is a turnkey opportunity to capitalize on the strong and expanding Los Angeles student housing market. The property's location, modern amenities, and excellent security features make it an attractive option for students and a highly desirable investment.