USC ADJACENT QUADRAPLEX WITH 78% RENTAL UPSIDE
1438 Rolland Curtis Place
Los Angeles, CA 90062
Located on Rolland Curtis Place within walking distance to the prestigious University of Southern California, this four-unit investment opportunity offers huge rental upside of ±78% and the opportunity to utilize the Qualified Opportunity Zone designation. The asset has large units offering a total of ±3,024 SF on a ±3,537 SF lot and a unit mix of (3) –2 bed / 1 bath and (1) – 1 bed / 1 bath units.
The units are well appointed with laminate flooring, two separate entrances, wall heaters, individual a/c, and permitted window installations of six panels. Furthermore, the central water heater was replaced in September of 2019.
Known as the Rolland Curtis Four, the investment opportunity is centrally located near one of the fastest growing sub-markets in Los Angeles with access for students at the University of Southern California, Coliseum, and central access to Downtown Los Angeles and the Staples Center. Furthermore, the asset is within walking distance to the Expo/Western Station which is serviced by the Metro E Line which ends in Downtown Santa Monica.
Great unit mix of (3) - 2 bed / 1 bath and (1) - 1 bed / 1 bath units with rental upside of 78%
The asset sits in a Qualified Opportunity Zone offering potential for huge tax savings upon the proper utilization of the program
The property does not offer parking spaces to tenants
Two story building with separate entrances for each unit
Water heater was replaced in September 2019
Walking distance to USC, The Coliseum, and Expo / Western Station which leads to Downtown Santa Monica
Six window replacements in 2017