2361 Scarff St. - Multi-Family FOR SALE


Los Angeles, CA 90007- West Adams
$1,800,000 USD
818-321-6490
2361 Scarff St., Los Angeles, CA for Sale
$1,800,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

2361 Scarff St.
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Student Housing Opportunity!
  • Great location!
  • Beautiful Victorian home with a large lot for ADU's!
  • Walking distance to Mount Saint Mary's!
  • Close proximity to USC Campus!
  • Great for Owner-User or Investors!

OVERVIEW

This historic 5-bedroom, 2-bath Victorian home sits on a large 8,735 SF lot in the University Park neighborhood, just minutes from USC Campus and Mount Saint Mary's Doheny. The property is also within the USC DPS Patrol zone and Rideshare program. Built in 1888, the 1,392 SF home retains its original charm and character, with a spacious basement that could be converted into an additional unit. In the rear of the property you will also find a large lot that offers plenty of space for additional ADUs or other structures (subject to city and HPOZ approval), making it a great opportunity for an owner-user or an investor looking to maximize the property by renting to students. The property may also qualify for Mills Act tax savings (buyer to verify). A rare chance to own a historic home with flexible options for living, expansion, or income in a prime LA location. Property is currently vacant.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$1,293 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,800,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Scarff Student Housing

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1888

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,732 SF

ZONING

[Q]RD2-1XL-O-HPOZ

APN/PARCEL ID

5124-011-004

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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