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3017 Kenwood Ave - 2026 Construction+ High Yield Student Housing 5 Unit Apartment Building Offered at $6,675,175 CAD at a 7.65% Cap Rate Los Angeles, CA 90007
Investment Highlights
- $38,925 Monthly Gross Income ($467,100 Annually) – Strong in-place income with immediate cash flow from day one
- Configured as 14 Rental Suites Across 22 Bedrooms – High-yield layout designed to maximize rental income and tenant demand
- Located Within USC DPS Patrol Zone – Premier student housing location with consistent demand and strong tenant pool
- 7.65% Cap Rate | Tenants Pay Utilities – Efficient operations with reduced expense burden and strong net returns
- New Construction (2026) | Fully Stabilized & Furnished – Turnkey asset with minimal maintenance and capital expenditure needs
- Ownership Open to Continuing Management – Seamless transition with proven operational systems already in place
Executive Summary
Introducing 3017 Kenwood Ave, a premier newly constructed student housing investment located within the University of Southern California (USC) DPS Patrol Zone. Completed in 2026 and delivered fully occupied, this high-quality asset offers immediate, stabilized cash flow with approximately $38,925 per month in gross income ($467,100 annually) and a strong 7.65% cap rate, with tenants responsible for utilities.
The property is currently configured as 14 income-producing rental suites across 22 oversized bedrooms, creating a highly efficient and desirable layout tailored to student housing demand. The design maximizes both privacy and rental income, allowing for strong performance and consistent occupancy.
Spanning approximately 9,003 square feet, the building features spacious layouts and high-end finishes throughout. The property also includes six on-site parking spaces, a valuable amenity for both tenants and operators in the USC market. The property is delivered fully furnished, providing a seamless, turnkey investment with minimal ongoing capital requirements. Its flexible suite-style configuration supports rent-by-the-room, private suite leasing, or co-living strategies, allowing investors to maximize income and adapt to evolving demand. Ownership is open to continuing management, offering a seamless transition and operational continuity for the next owner.
Situated just minutes from USC and within the DPS Patrol Zone, the property benefits from one of the most desirable student housing locations in Los Angeles. It is also near the Expo/Vermont E Line Metro Station, offering convenient access to Downtown Los Angeles and surrounding amenities.
With the 2028 Olympics approaching and continued demand driven by USC’s growing student population, 3017 Kenwood Ave represents a rare opportunity to acquire a newly built, fully stabilized, high-income asset in one of Los Angeles’ most resilient rental markets.
*Buyer to verify current configuration and all permits. Layout is non-conforming.
The property is currently configured as 14 income-producing rental suites across 22 oversized bedrooms, creating a highly efficient and desirable layout tailored to student housing demand. The design maximizes both privacy and rental income, allowing for strong performance and consistent occupancy.
Spanning approximately 9,003 square feet, the building features spacious layouts and high-end finishes throughout. The property also includes six on-site parking spaces, a valuable amenity for both tenants and operators in the USC market. The property is delivered fully furnished, providing a seamless, turnkey investment with minimal ongoing capital requirements. Its flexible suite-style configuration supports rent-by-the-room, private suite leasing, or co-living strategies, allowing investors to maximize income and adapt to evolving demand. Ownership is open to continuing management, offering a seamless transition and operational continuity for the next owner.
Situated just minutes from USC and within the DPS Patrol Zone, the property benefits from one of the most desirable student housing locations in Los Angeles. It is also near the Expo/Vermont E Line Metro Station, offering convenient access to Downtown Los Angeles and surrounding amenities.
With the 2028 Olympics approaching and continued demand driven by USC’s growing student population, 3017 Kenwood Ave represents a rare opportunity to acquire a newly built, fully stabilized, high-income asset in one of Los Angeles’ most resilient rental markets.
*Buyer to verify current configuration and all permits. Layout is non-conforming.
Property Facts
| Price | $6,675,175 CAD | Property Type | Multifamily |
| Price Per Unit | $1,335,035 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 9,003 SF |
| Cap Rate | 7.65% | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.2 | No. Stories | 4 |
| No. Units | 5 | Year Built | 2026 |
| Zoning | LAR3 | ||
| Price | $6,675,175 CAD |
| Price Per Unit | $1,335,035 CAD |
| Sale Type | Investment |
| Cap Rate | 7.65% |
| Gross Rent Multiplier | 10.2 |
| No. Units | 5 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 9,003 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2026 |
| Zoning | LAR3 |
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5040-001-018 | Improvements Assessment | $305,686 CAD |
| Land Assessment | $705,434 CAD | Total Assessment | $1,011,120 CAD |
Property Taxes
Parcel Number
5040-001-018
Land Assessment
$705,434 CAD
Improvements Assessment
$305,686 CAD
Total Assessment
$1,011,120 CAD
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3017 Kenwood Ave - 2026 Construction+ High Yield Student Housing
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