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$3,800,000

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2620 Magnolia Ave Los Angeles, CA, United States 90007

This beautifully restored Victorian 4-plex is located in the heart of North University Park and is in a prime area for USC student housing. Nestled on a picturesque, tree-lined street blocks from the University of Southern California, the property offers the perfect blend of classic charm and modern updates. Recently remodeled inside and out, each of the four spacious units features a contemporary kitchen with new stainless steel appliances, updated bathrooms, an in-unit washer and dryer, and central air and heat. The property is fully tenant-occupied, with leases in place through the 2025-2026 academic year, providing immediate and consistent rental income. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. There are apx 49,000 students enrolled at USC, including nearly 21,000 undergraduates, the need for quality housing close to campus remains steady year after year. The location is just minutes away from DTLA and all the restaurants and shops of West Adams. This is a rare investment opportunity to own a fully leased, high-yield property steps from USC, surrounded by beautiful historic homes and vibrant city living.

Amenities

  • Bedrooms: 13
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Other
  • Year Built: 1914
  • Built in 1914
  • Home size: 4,185 ft2 / 388.80 m2
  • MLS: 25522079
  • Status: Active
Copyright ? 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Nourmand & Associates Realtors

(310) 274-4000

Presented by Christopher Furstenberg

  • (323) 462-6262
  • (323) 462-6262 (Office Phone)

Contact Christopher Furstenberg

Contact Agent

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