For Sale
$4,225,000
2666 Orchard Ave Los Angeles, CA 90007
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Seven-unit, 16-bedroom student housing complex near USC.
- Completely remodeled in 2022 with new hardwood floors, stainless steel appliances, and high-end finishes.
- 4,520 rentable square feet on a 6,241 square foot lot; unit mix includes four 3-bed/2-bath, two 1-bed/1-bath, and one 2-bed/1-bath units.
- 100% occupied with USC students, generating $23,235/month in gross income and fully leased for 2024-2025.
- Potential for rent increases to approximately $27,000/month and further expansion with an ADU, potentially adding $4,500/month in income.
Property Details for 2666 Orchard Ave
- Property type
- Dormitories, Student housing
- Square Feet
- 4,540 SF
- Year Built/Renovated
- 1928/2022
- Buildings
- 2
- Stories
- 2
- Units
- 7
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0308542
- Longitude
- -118.2872178
Nearby Similar for Sale
FAQs
- Where is the dormitory located?
- The property is located at 2666 Orchard Ave Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $4,225,000.
- What are key features of this property?
- This property features: Seven-unit, 16-bedroom student housing complex near USC.; Completely remodeled in 2022 with new hardwood floors, stainless steel appliances, and high-end finishes.; 4,520 rentable square feet on a 6,241 square foot lot; unit mix includes four 3-bed/2-bath, two 1-bed/1-bath, and one 2-bed/1-bath units.
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