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Divine Investment Group Inc Presents: A Prime Cash Flow Opportunity in Student HousingDiscover an exceptional investment opportunity with Divine Investment Group Inc's latest development, strategically positioned to maximize returns. Located within walking distance of the prestigious University of California (USC), this property promises unparalleled convenience and income potential.Property Overview:28 Bedrooms, 28 Bathrooms: Boasting 2 units plus an Accessory Dwelling Unit (ADU), this property offers a total of 28 bedrooms and 28 bathrooms, catering to the needs of students seeking modern, comfortable living spaces.Centrally Located: Situated in a prime location, this development provides easy access to USC and surrounding amenities, ensuring a desirable living experience for students.Rentable Sqft: Spanning approximately 9,700 sqft of rentable space, this property offers ample room for residents to study, socialize, and unwind.Unit Features:Front 3-Story Unit: Comprising 15 spacious bedrooms and 15 bathrooms, this unit features two large common areas and a well-appointed kitchen. Each floor is equipped with its own washer and dryer rooms, enhancing convenience for residents.Back 3-Story Unit: Offering 10 generously sized bedrooms and 10 bathrooms, this unit includes a large common area and a separate kitchen on a different floor. Washer and dryer rooms on each floor ensure seamless access to laundry facilities.Accessible ADU: Designed with inclusivity in mind, the ADU features wheelchair-accessible accommodations with 3 spacious bedrooms and 3 bathrooms, catering to diverse student needs.Cash Flow Opportunity: With its prime location and well-designed units, this development presents a lucrative cash flow opportunity for investors seeking stable returns in the student housing market.High Demand: Positioned near a renowned educational institution, this property is primed to attract a steady stream of tenants, ensuring high occupancy rates and consistent rental income.Upside Potential: With the option to capitalize on the thriving student housing market, investors have the opportunity to maximize their returns through rental appreciation and strategic property management.Don't miss out on this exceptional investment opportunity. Contact Divine Investment Group Inc to learn more about this student housing development and secure your stake in a lucrative cash flow venture.BROKERS OPEN MAY 1st 3pm-6pm

DAYS ON MARKET 11 LAST UPDATED 4/24/2024
YEAR BUILT 2024 COMMUNITY Metropolitan
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA Metropolitan
BUYER'S BROKERAGE COMPENSATION 2.000 %
HEAT Central
HOA DUES 0
INTERIOR Balcony
LOT 6192 sq ft
LOT DESCRIPTION 2-5 Units/Acre, Corner Lot, Front Yard, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
VIEW Yes
VIEW DESCRIPTION City Lights
WATER Public
ZONING LAR2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Excellence RE Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of 5/4/24 3:38 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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