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Glen Henderson

[email protected] +1(619) 889-7646

$1,888,000

Est. payment - /mo

1 Bed

2 Baths

0.27 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26097749

Bedrooms 1

Lot Size 0.275 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange

Property Type Res Income 2-4 Units

Property Description

1978 Estrella Ave is a well-located multifamily asset situated in the highly desirable West Adams submarket of Los Angeles, an area that has experienced sustained growth driven by proximity to major employment and educational hubs. The property benefits from its close adjacency to the University of Southern California, placing it within one of the most consistently in-demand rental corridors in South Los Angeles. Its position within USCs DPS patrol zone, combined with access to USCs free Lyft service and additional private security measures in the surrounding area, enhances tenant confidence and supports strong rental demand, particularly among students and affiliated renters. The property consists of (8) one-bedroom/one-bathroom units and (2) studio units, offering a functional and highly desirable unit mix that caters to the steady USC student housing market. Originally built in 1887 and comprehensively remodeled in 2019, the asset blends historic character with modernized interiors and systems, reducing near-term capital expenditure requirements. With approximately 4,731 square feet of improvements, the property presents an efficient layout that maximizes livable space while maintaining manageable operating characteristics for ownership. A key operational advantage of the property is its ample on-site parking, a valuable amenity in this infill location that further strengthens its appeal to tenants. The sites configuration may also present future development or value-add potential, subject to local zoning and planning considerations, allowing investors optionality to exp

Location

State CA

County Los Angeles

Zoning Public Rec

Direction West of Figueroa & South of Washington

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5124033028

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Ryan Gonzalez, DRE#01874815 Lyon Stahl Investment Real Est

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1978 Estrella Los Angeles, CA 90007

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information