2343 Scarff St
Los Angeles, CA 90007
34 Beds
32 Baths
21,770 Sq Ft
55 Days on Market
For Sale $7,895,000
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Courtesy of Keller Williams Realty Downey

Listing Agent & Comments

Michael R. FukushimaKeller Williams Realty Downey
818-321-6490mfukushima@total-realtygroup.com License #01380445
Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well-maintained property features 31 units, comprising 18 one-bedroom apartments, 12 studio units, and a spacious four-bedroom, two-bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024-2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.

MLS# 24457811 • Data provided by CRMLS
Additional home details
Living Area21,770 Sq.Ft.
Lot Size8,782 Sq.Ft.
Total Rooms--
Bedrooms34
Bathrooms32
Stories3
Year Built1910
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$46,286
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$7,468,837
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage

2343 Scarff St., Los Angeles, CA 90007

Multifamily
34 Beds
32 Baths
21,770 Sq Ft
55 Days on Market

Listing Agent & Comments

Michael R. FukushimaKeller Williams Realty Downey
818-321-6490mfukushima@total-realtygroup.com License #01380445
Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well-maintained property features 31 units, comprising 18 one-bedroom apartments, 12 studio units, and a spacious four-bedroom, two-bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024-2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.

MLS# 24457811 • Data provided by CRMLS
Additional home details
Living Area21,770 Sq.Ft.
Lot Size8,782 Sq.Ft.
Total Rooms--
Bedrooms34
Bathrooms32
Stories3
Year Built1910
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$46,286
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $7,895,000
Request tour
Save
Courtesy of Keller Williams Realty Downey
2343 Scarff St
Los Angeles, CA 90007
34 Beds
32 Baths
21,770 Sq Ft
55 Days on Market

Listing Agent & Comments

Michael R. FukushimaKeller Williams Realty Downey
818-321-6490mfukushima@total-realtygroup.com License #01380445
Discover an exceptional investment opportunity with this prime building located just a short walk from the prestigious University of Southern California. This well-maintained property features 31 units, comprising 18 one-bedroom apartments, 12 studio units, and a spacious four-bedroom, two-bathroom additional dwelling unit, catering to a diverse range of tenant needs. Currently generating over $55,000 in monthly income, this property boasts an impressive 6.20% CAP rate and an 11.63 GRM, making it a lucrative addition to any portfolio. The property is professionally managed and is fully occupied for the 2024-2025 USC school year, ensuring a steady income stream. Additionally, the property holds a Mills Act designation, providing significant property tax savings that enhance its investment potential.

MLS# 24457811 • Data provided by CRMLS
Additional home details
Living Area21,770 Sq.Ft.
Lot Size8,782 Sq.Ft.
Total Rooms--
Bedrooms34
Bathrooms32
Stories3
Year Built1910
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$46,286
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$7,468,837
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $7,895,000
Request tour
Save
Courtesy of Keller Williams Realty Downey