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Listed by Ryan Gonzalez, DRE #01874815 • Lyon Stahl Investment Real Est
$ 1,888,000
Est. payment /mo
Active
1978 Estrella Los Angeles, CA 90007
0.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26097749
Year Built 1887
Lot Size 0.275 Acres
Source California Regional MLS
Property Description
1978 Estrella Ave is a well-located multifamily asset situated in the highly desirable West Adams submarket of Los Angeles, an area that has experienced sustained growth driven by proximity to major employment and educational hubs. The property benefits from its close adjacency to the University of Southern California, placing it within one of the most consistently in-demand rental corridors in South Los Angeles. Its position within USC's DPS patrol zone, combined with access to USC's free Lyft service and additional private security measures in the surrounding area, enhances tenant confidence and supports strong rental demand, particularly among students and affiliated renters. The property consists of (8) one-bedroom/one-bathroom units and (2) studio units, offering a functional and highly desirable unit mix that caters to the steady USC student housing market. Originally built in 1887 and comprehensively remodeled in 2019, the asset blends historic character with modernized interiors and systems, reducing near-term capital expenditure requirements. With approximately 4,731 square feet of improvements, the property presents an efficient layout that maximizes livable space while maintaining manageable operating characteristics for ownership. A key operational advantage of
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry Laundry Area
Exterior
Garage Spaces 10.0
Pool None
Building
Lot Description Corners Marked
Water District - Public
Others
Tax ID 5124033028
Special Listing Condition Not Applicable
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