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CDI Mgmt Student Housing Portfolio @ USC 5 Multifamily Properties Offered at $49,977,115 CAD in Los Angeles, CA

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INVESTMENT HIGHLIGHTS

  • Excellent USC Student Housing Investment!
  • 92 total units, 115 bedrooms, 230 beds (double occupancy)!
  • Currently occupied by all USC students!
  • All buildings within walking distance to USC and USC Village! In the USC Patrol Zone!
  • Occupancy potential of 400 beds!

EXECUTIVE SUMMARY

We're excited to present the CDI Management Student Housing Portfolio at USC! This portfolio features prime locations just minutes from campus, offering students a convenient, safe, and vibrant living experience within the USC Patrol Zone!
Property amenities include parking, laundry rooms, central air, dishwashers, hardwired security cameras and individually metered units for electricity! There is potential to build 14 ADUs at the prime Trojandale – 2623 Ellendale Pl location and at the Spot – 721 W 30th St. (Buyer to confirm). These properties have strong occupancy rates and a proven track record of success. CDI Management's 20+ years of leasing & maintenance experience is included in the sale!
The five-property portfolio offers a rare opportunity to invest in USC's thriving student housing market. Some units will be delivered vacant—creating immediate potential for rental growth. Renting to university students can be a smart strategy for property owners, particularly when trying to shield investments from the potential impacts of rent control. Every year the students lease from August 1st to July 31st during the school year and vacate as they graduate allowing the owner to increase rents to market. Each property may be sold separately.
Don't miss out on your opportunity to own this great student housing investment!

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD)
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual -
Operating Expenses (CAD)
Annual -
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

PROPERTY FACTS

Price $49,977,115 CAD
Price / SF $775.26 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 5.51%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 5
Total Building Size 64,465 SF
Total Land Area 1.33 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
The Mirage
947 W 30th St, Los Angeles, CA 90007
Multifamily 19,050 SF 1964 $11,702,630 CAD
Trojandale Apartments
2623 Ellendale Pl, Los Angeles, CA 90007
Multifamily 17,099 SF 1931 $15,144,580 CAD
The Spot on 30th Street
721 W 30th St, Los Angeles, CA 90007
Multifamily 12,928 SF 1963 $9,912,816 CAD
The Tower
1102 W 29th St, Los Angeles, CA 90007
Multifamily 8,966 SF 1958 $7,228,095 CAD
The Pointe
1150 W 29th St, Los Angeles, CA 90007
Multifamily 6,422 SF 1962 $5,988,993 CAD
Show More > < Show Less
  • Listing ID: 35004862

  • Date on Market: 2025-03-03

  • Last Updated:

  • Address: CDI Mgmt Student Housing Portfolio @ USC, Los Angeles, CA

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