$4,995,000
For Sale by Owner
Listed 1 month ago

26BR Multi-Family for Sale in Los Angeles, CA

1175 Leighton Ave, Los Angeles, CA 90037
26 Beds
26 Bath
Built 2026
PropSlick Verified Data Key facts & insights for this exact address
2026
Year Built
$11,834
Property Tax / yr
13,504 sf
Lot Size
16
Garage Spaces
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built2026
Lot Size13,504 sq ft
Garage Spaces16
Annual Property Tax$11,834

Property Description

1175-1181 Leighton Avenue is a fully leased, newly built 10-unit portfolio offering a combination rarely found near USC: two side-by-side five-unit properties, 26 rentable bedrooms, 26 parking spaces and a 6.62% cap rate (inclusive of a 4% management fee), all just 0.5 miles from USC campus. Situated on two contiguous lots with separate APNs, the portfolio consists of eight expansive 3-bedroom, 3-bathroom residences and two, highly rentable, 1-bedroom, 1-bathroom ADUs. Each bedroom in all residences has its own en-suite bathroom, creating a flexible and highly rentable unit mix that appeals to students, young professionals, families and traditional tenants. The portfolio generates $432,360 in annual gross income and is offered fully stabilized with established rental history. Units are separately metered for ALL utilities, eliminating any owner utility expenses, while the side-by-side configuration and separate APNs also provide investors with the flexibility to pursue residential or commercial financing. These are not typical student rentals. Each townhome-style residence delivers high-end finishes, open-concept living spaces, oversized kitchen islands, sleek cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry, generous closets, spa-inspired bathrooms and oversized windows that fill the interiors with natural light. The propery is also equipped with EV charhing and solar! Beyond USC, residents are moments from Exposition Park, BMO Stadium, the LA Memorial Coliseum, the Natural History Museum and the California Science Center. The portfolio is also located within the USC Lyft Zone and offers convenient access to the Metro E Line, Downtown Los Angeles, Culver City and Santa Monica. This central location supports a deep and diverse tenant pool while giving investors the stabilized income, modern construction, parking and operational simplicity that are increasingly difficult to find in a single acquisition.

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Amenities and Features

Washer/Dryer
Swimming Pool

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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