Active
3653 Halldale AVE
LOS ANGELES CA, 90018
$4,998,888
$515.35 per sqft
Active
25 Beds
9,700 sqft
Residential
Built in 2024
Divine Investment Group Inc Presents: A Prime Cash Flow Opportunity in Student Housing Discover an exceptional investment opportunity with Divine Investment Group Inc's latest development, strategically positioned to maximize returns. Located within walking distance of the prestigious University of California (USC), this property promises unparalleled convenience and income potential. Property Overview: 28 Bedrooms, 28 Bathrooms: Boasting 2 units plus an Accessory Dwelling Unit (ADU), this property offers a total of 28 bedrooms and 28 bathrooms, catering to the needs of students seeking modern, comfortable living spaces. Centrally Located: Situated in a prime location, this development provides easy access to USC and surrounding amenities, ensuring a desirable living experience for students. Rentable Sqft: Spanning approximately 9,700 sqft of rentable space, this property offers ample room for residents to study, socialize, and unwind. Unit Features: Front 3-Story Unit: Comprising 15 spacious bedrooms and 15 bathrooms, this unit features two large common areas and a well-appointed kitchen. Each floor is equipped with its own washer and dryer rooms, enhancing convenience for residents. Back 3-Story Unit: Offering 10 generously sized bedrooms and 10 bathrooms, this unit includes a large common area and a separate kitchen on a different floor. Washer and dryer rooms on each floor ensure seamless access to laundry facilities. Accessible ADU: Designed with inclusivity in mind, the ADU features wheelchair-accessible accommodations with 3 spacious bedrooms and 3 bathrooms, catering to diverse student needs. Cash Flow Opportunity: With its prime location and well-designed units, this development presents a lucrative cash flow opportunity for investors seeking stable returns in the student housing market. High Demand: Positioned near a renowned educational institution, this property is primed to attract a steady stream of tenants, ensuring high occupancy rates and consistent rental income. Upside Potential: With the option to capitalize on the thriving student housing market, investors have the opportunity to maximize their returns through rental appreciation and strategic property management. Don't miss out on this exceptional investment opportunity. Contact Divine Investment Group Inc to learn more about this student housing development and secure your stake in a lucrative cash flow venture. BROKERS OPEN MAY 1st 3pm-6pm
DW24076985MR
MLSⓇ ID
April 24, 2024
Listed
May 2, 2024
Updated
Map
3653 Halldale AVE
LOS ANGELES CA, 90018
Interior Features
Total Stories
2
Bedrooms
25
Laundry Description
Gas Or Electric Dryer Hookup, Inside, Washer Hookup
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Metropolitan
Days on Market
8
Garage
No
Parking Total
2
View
Yes
View Description
City Lights
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR2
Listed by Ernesto Ramos with Excellence RE Real Estate
Listing Contact: 562-755-9305
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Revel Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 5/2/2024