1109 Exposition Blvd - Apartments FOR SALE


Los Angeles, CA 90007- South Central LA
$749,000 USD
310-402-8958
1109 Exposition Blvd, Los Angeles, CA for Sale
$749,000 USD
Apartments - FOR SALE
1/19
null | 8% Cap Rate

1109 Exposition Blvd
Los Angeles, CA 90007
South Central LA


OVERVIEW

The Davis Saadian Group is pleased to present a rare opportunity to acquire a vacant, rent-ready student housing single-family residence located just one block from the University of Southern California (USC) in the highly sought-after DPS Patrol Zone. This 5-bedroom, 2-bathroom home offers approximately 1,057 square feet of rentable space on a 2,667 square foot lot zoned LARD2, making it ideal for student housing or co-living arrangements. Given its proximity to USC and the USC Village, this property presents significant income potential, with market rents projected at approximately $1,200 per bedroom. The investment is attractively priced at an 8% cap rate, offering strong returns with minimal operating expenses, as tenants are responsible for covering all utilities including water, trash, gas, and electricity. In addition to its premium location near campus, the property is just a short walk from the Metro Expo Line, providing convenient access to both Downtown Los Angeles and the Westside. It is also located near Exposition Park, home to major cultural and sports destinations including the LA Memorial Coliseum, BMO Stadium (home of LAFC), and the upcoming George Lucas Museum of Narrative Art. With Exposition Park set to host key events for the 2028 Los Angeles Olympics, this area continues to grow in both prominence and investment appeal. This is a excellent opportunity to own a well-positioned, high-demand rental property in one of Los Angeles’ most dynamic and rapidly developing neighborhoods. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS. 2) Submit Offer on a CAR Residential-Income Purchase Agreement. 3) Interior Inspection/Books & Records Granted with an Accepted Offer. 4) Submit Proof of Funds & Pre-Qualification Letter with Offer. 5) Seller Selects all Services. Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representation or warranties, expressed or implied, as to the accuracy of the information provided, including square footage, lot size, permitted or un-permitted spaces, and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspections and/or with appropriate professionals. Buyer bears all risk for any inaccuracies.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$709 USD /SF

# OF UNITS

1

PRICE/UNIT

$749,000

CAP RATE

8%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1 Block to USC | 8% Cap Rate | Vacant SFR

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1912

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

LARD2

APN/PARCEL ID

5040-013-029

ASK ABOUT THIS PROPERTY

Davis SaadianDavis Saadian GroupMore Info
310-402-8958

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Davis SaadianDavis Saadian GroupMore Info
310-402-8958

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.