🏠 5-Unit Historic Property Near USC | Income-Producing | Zoned R3 | $1,295,000 (Los Angeles - University Park)
- Guest
- Apr 19
- 1 min read
Looking for a solid investment property in a rapidly growing area of Los Angeles?This 5-unit multifamily building near USC and Exposition Park is packed with upside potential and ready for its next chapter.
✨ KEY FEATURES– 4 units + converted garage studio– Located in the University Park Historic Preservation Zone (HPOZ)– Reliable tenants including Section 8 renters– Zoned R3 for possible future development– Longstanding rental history– Minutes from Downtown LA, USC, the Coliseum, and the Expo Line
💡 Excellent for:
Buy-and-hold investors
1031 exchange buyers
House hackers
Developers looking to landbank
📍 Address: 2952 S Western Ave, Los Angeles, CA 90018Asking: $1,295,000
Cap Rate: Strong with current rents | Upside potential with cosmetic updates
🔗 Full info + photos: www.lovelyfithomes.com/western
Tiffany Barlow
Agent
CA DRE# 02085486
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