2343 Scarff St
Los Angeles, CA 90007
34 Beds32 Baths21,770 Sq Ft55 Days on Market
For Sale $7,895,000
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Courtesy of Keller Williams Realty Downey
Listing Agent & Comments
Michael R. Fukushima • Keller Williams Realty Downey
818-321-6490 • mfukushima@total-realtygroup.com License #01380445Discover 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
Living Area | 21,770 Sq.Ft. |
---|---|
Lot Size | 8,782 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 34 |
Bathrooms | 32 |
Stories | 3 |
Year Built | 1910 |
Property Type | Multifamily |
Zoning | LARD1.5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $46,286 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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
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HouseCanary, Inc. Brokerage
2343 Scarff St., Los Angeles, CA 90007
Multifamily34 Beds32 Baths21,770 Sq Ft55 Days on Market
Listing Agent & Comments
Michael R. Fukushima • Keller Williams Realty Downey
818-321-6490 • mfukushima@total-realtygroup.com License #01380445Discover 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
Living Area | 21,770 Sq.Ft. |
---|---|
Lot Size | 8,782 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 34 |
Bathrooms | 32 |
Stories | 3 |
Year Built | 1910 |
Property Type | Multifamily |
Zoning | LARD1.5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $46,286 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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
For Sale $7,895,000
Request tour
Save
Courtesy of Keller Williams Realty Downey
2343 Scarff St
Los Angeles, CA 90007
34 Beds32 Baths21,770 Sq Ft55 Days on Market
Listing Agent & Comments
Michael R. Fukushima • Keller Williams Realty Downey
818-321-6490 • mfukushima@total-realtygroup.com License #01380445Discover 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
Living Area | 21,770 Sq.Ft. |
---|---|
Lot Size | 8,782 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 34 |
Bathrooms | 32 |
Stories | 3 |
Year Built | 1910 |
Property Type | Multifamily |
Zoning | LARD1.5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $46,286 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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
For Sale $7,895,000
Request tour
Save
Courtesy of Keller Williams Realty Downey