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



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!
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 | Status | Active |
| Price / SF | $775.26 CAD / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 5 |
| Cap Rate | 5.51% | Total Building Size | 64,465 SF |
| Sale Type | Investment | Total Land Area | 1.33 AC |
| 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 |
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CDI Mgmt Student Housing Portfolio @ USC
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