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1257 W Adams Blvd
For Sale $2,975,000 ($477.53 per Sq Ft)
$2,975,000 ($477.53 per Sq Ft)
- 5 Units
- 6,230 Sq Ft
- 7,348 Sq Ft
- Unknown Cap Rate
Description
*This property is part of the Prime Student Housing Portfolio at USC. May be purchased separately or all together.* Turnkey 5-unit student housing investment located within USC's 24-hour patrol zone and Campus ride-share coverage area, just a short walk to campus and USC Village. The property offers 16 bedrooms across 6,230 sq. ft. with a strong 7.0% CAP rate and 10.4 GRM. Fully renovated front duplex includes a 4 Bed/4 Bath and 3 Bed/3 Bath, while the rear duplex (built in 2016) features two 4 Bed/3 Bath townhome-style units. A garage-converted studio ADU (built in 2022) adds additional income potential. Upgraded systems, modern landscaping, on-site parking, and high student demand make this a low-maintenance, high-performing asset. Bonus: driveway offers potential for additional ADU development.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,975,000 |
| Property Type | Multi-Family |
| Usable Sqft | 6,230 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1904 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5055015030 |
| MLS # | 25546579 |
| Property ID | 293043081 |
| Lot Sqft | 7,348 |
| Zoning | LARD1.5 |
| Total Units | 5 |
| Days on Market | 198 |
| Original List Price | $2,975,000 |
| Date Updated | December 15, 2025 |
| Date Created | June 02, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 3 | 3.00 | $5,145 | $5,145 |
| Unit #2 | 0 | 1.00 | $1,610 | $2,100 |
| Unit #3 | 4 | 3.00 | $5,560 | $5,800 |
| Gross Income (Yr) | $ 285,180 |
| Operating Expenses | $ 76,959 |
| Net Income (Yr) | $ 208,221 |
| Cap Rate | 7.00% |
Listing Provided By
Michael R. Fukushima an agent of Keller Williams Los Angeles. Lic #01380445
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Robert Crawford
REAL ESTATE AGENT