
Los Angeles, California 90007
This 8-bedroom residence represents a High-Potential Investment Opportunity, currently listed at $1,280,000. While priced above the $1,101,974 Fair Market Value, the property serves as a specialized Buy-and-Hold Investor asset due to its strategic location within the USC DPS patrol zone. With a Fair Condition Rating and a 2002 build date, the layout is optimized for high-density student housing. This is an ideal acquisition for income-focused investors seeking to capitalize on the consistent rental demand near USC and Exposition Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3672 S Normandie Subject | $1,180,000* List Price | 8 | 7 | 2,679 | $411 | - |
A 2712 Kenwood Avenue Sold | $1,010,778 | 6 | 2 | 2,866 | $353 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is approximately 22-24 years old, placing it in the 'Fair' category (>20y). While the structure is functional and features central HVAC, the kitchen and bathrooms appear original to the build date and are aesthetically dated. As a high-occupancy student rental, it shows standard wear and would require minor cosmetic updates to reach modern market standards.
With an 8-bedroom and 7-bathroom configuration, this property is purpose-built for high-density student housing, offering exceptional rental yield potential in a high-demand area.
Situated within the USC Department of Public Safety (DPS) patrol zone and in close proximity to the university, the property provides a significant safety and convenience premium for student tenants.
Built in 2002, the residence is significantly newer than the majority of the surrounding housing stock, likely resulting in lower maintenance costs and better adherence to modern building codes.
Fitting 8 bedrooms into 2,679 square feet suggests very limited common areas and small individual rooms, which may detract from the living experience and limit the tenant pool to students only.
The highly specialized layout is optimized for co-living/student rentals, which may make the property less attractive to traditional single-family buyers and could complicate future resale or financing.
Excellent investment opportunity near USC! This spacious two-story single-family residence offers 8 bedrooms and 7 bathrooms with approximately 2,679 square feet of living space on an approximately 5,099 square foot lot. Built in 2002, the property has been operated as student housing and offers a functional multi-bedroom layout well suited for rental and income-producing use. Conveniently located near the University of Southern California and within the USC Department of Public Safety (DPS) patrol area, the property benefits from its proximity to campus and the strong housing demand surrounding USC. The eight-bedroom configuration provides excellent flexibility for student housing, co-living, or other rental strategies, subject to applicable laws and regulations. With its newer construction compared with many properties in the surrounding neighborhood, generous bedroom count, multiple bathrooms, and established history as a student rental, this property presents an attractive opportunity for investors seeking an income-producing asset in the USC area. Convenient access to USC, Exposition Park, Downtown Los Angeles, public transportation, shopping, dining, and major freeways. A rare opportunity to acquire a large 8-bedroom property near USC with strong rental potential and long-term investment appeal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 7.0 | 2.0 |
| Square foot | 2,679 | 1,664.159 |
| Lot Size | 5,099 | 6,066.556 |
| Price | $1.18M | $1.35M |
| Price per sq ft | $440 | $806 |
| Built year | 2002 | 1939 |
| HOA | $0 | $278 |
| Days on market | 28 | 55 |
Sep 2, 2026
$1,180,000
$1,280,000
-8% Price Drop
Initial Listing
Aug 12, 2026
$1,280,000
Initial Listing
Apr 3, 2012
$266,000
Public Record