$4,998,888

3653 Halldale Avenue, Los Angeles 90018

25

Beds

25

Baths

6,192

Lot Size

3

# Of Units

Listing Agent
Ernesto Ramos - Excellence RE Real Estate

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

Facts & Features

MLS® # DW24076985
Price $4,998,888
Bedrooms 25
Bathrooms 25.00
Lot Size 6,192
Year Built 2024
Type Residential Income
Sub-Type Duplex
Status Active
# Of Units 3

Community Information

Address 3653 Halldale Avenue
Area C23 - Metropolitan
City Los Angeles
County Los Angeles
Zip Code 90018

Amenities

Parking Spaces 2
View City Lights
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Features Balcony
Heating Central
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Three Or More

Exterior

Lot Description 2-5 Units/Acre, Corner Lot, Front Yard, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinkler System, Sprinklers On Side

Additional Information

Date Listed April 24th, 2024
Days on Market 32
Zoning LAR2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentErnesto Ramos
OfficeExcellence RE Real Estate

Listing Map

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