Value-Add USC Student Housing Assemblage

11-18-2021
11-18-2021

3855 S Flower Dr, Los Angeles, CA 90037

Property Description

Young Lewin Advisors is pleased to present the rare opportunity to acquire the USC Flower Portfolio – nine contiguous multi-family properties within walking distance of the University of Southern California and Exposition Park in Los Angeles, CA and located in a federal Qualified Opportunity Zone.

The offering consists of 61 units in total - a 20-unit property, a 12-unit property, a 5 unit property, and six 4-unit properties on a total of 1.5 acres of land. The existing structures are historically protected from demolition.

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Student Housing
No. of Units
61
Cap Rate
2.05%
GRM / GIM
23.93
Year Built
1920
Building Size
46,226 Sq ft
Lot Size
63,052 Sq ft
No. of Stories
2
Opportunity Zone
Off
Price per unit
$ 0
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34.014232, -118.281888

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