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1073 Exposition Boulevard

Los Angeles, CA 90007
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Bed 44

Bed

Bath 0

Bath

SqFt20,385

Sqft

SqFt9,403

Sqft(Lot)

Less than 650 Feet to USC Campus and only 300 Feet to Expo/Vermont Metro Station. We are pleased to present 1073 Exposition Blvd, a newly constructed (2021) 16-unit, 44-bed multifamily investment opportunity located less than one block from the University of Southern California (USC) and directly adjacent to the USC Viterbi School of Engineering within the USC Department of Public Safety (DPS) patrol zone. Positioned next to the Expo/Vermont Metro E Line Station, the property benefits from exceptional walkability, transit connectivity, and consistent rental demand from both students and conventional apartment renters. Unlike much of the newer student housing inventory surrounding USC, which is designed as dorm-style, by-the-bed housing, 1073 Exposition Blvd was built with apartment-grade c onstruction featuring conventional unit layouts, elevator service, and rooftop amenities. This design creates unique operational flexibility, allowing ownership to continue operating the asset as premium student housing or transition to traditional market-rate apartments serving renters seeking convenient access to Downtown Los Angeles, Mid-City, Culver City, and the Westside via the Metro system. The property consists of 16 fully furnished units across a diverse unit mix of nine three-bedroom units, six two-bedroom units, and one five-bedroom unit. Units feature open floor plans, wood-style flooring, quartz countertops, stainless steel appliances, central HVAC, in-unit laundry, and abundant natural light, providing a modern living experience that appeals to a broad tenant base. Offered at $7,950,000, the property represents an extremely low basis for an elevator-equipped / 2021 built asset at $390 per square foot and $180,682 per bed, significantly below replacement cost and below many competing assets in the USC submarket. The offering offers significant additional upside through rent growth as in-place rents are adjusted toward market levels during future leasing cycles. USC remains one of the strongest housing demand drivers in Southern California, with an enrollment exceeding 46,000 students and a substantial portion of the student population residing off campus. The university's continued focus on enrollment growth, academic expansion, and global recruitment supports long-term demand for quality housing within walking distance of campus. As a recently constructed asset, the property also offers potential tax advantages through cost segregation and accelerated depreciation strategies. Buyers are encouraged to consult with their tax advisors regarding eligibility and potential benefits. With a premier walk-to-campus location, immediate access to rail transit, modern construction, elevator service, strong in-place cash flow, and a compelling sub-$400 per square foot acquisition basis, 1073 Exposition Blvd presents a rare opportunity to acquire a turnkey asset in one of Los Angeles' most durable and supply-constrained rental markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,950,000

AD Id : 85765258

MLS Id : 26851213

Beds : 44

Lot Size : 9,403 Sqft

Living Area Size : 20,385

Year Built : 2021

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 44

    Bathroom Information

    Total Baths: 44
  • Interior Features

    Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2021
    Building Area Total: 20385
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x188 Main Square Feet: 9403 Lot Size Acres: 0.2159 Lot Size Square Feet: 9,403 Lot Description: Landscaped

  • Listing Price Information

    Listing Price: $7950000

  • Tax Information

    Parcel Number: 5040033009

  • Location Information

    Direction: Prime USC-adjacent location, less than a block from campus and directly next to the Expo/Vermont Metro Station, ideal for student housing demand or transit oriented housing Security Features: Fire Detection System,Fire Sprinkler System,Gated Community,Smoke Detector(s)
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Nearby Home Value

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1011 W 20th, Los Angeles, CA, 90007 $1,350,000 7 4 2,511 2,511 SqFt
2127 Portland Street, Los Angeles, CA, 90007 $1,600,000 11 11 3,715 3,715 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt
1276 W 22nd St, Los Angeles, CA, 90007 $1,290,000 -- -- --
1213 W 24th, Los Angeles, CA, 90007 $2,138,000 -- -- 3,167 3,167 SqFt
1236 W 24th, Los Angeles, CA, 90007 $899,000 7 4 1,850 1,850 SqFt
1237 W 25th Street, Los Angeles, CA, 90007 $2,950,000 19 -- 6,500 6,500 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 15:05

MLS: 26851213 LISTED BY: Benjamin Lee, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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