Active

1073 Exposition Boulevard

Los Angeles, CA 90007
Mark as Favorite
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 : Residential Income

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

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 44

    Bathroom Information

    Total Baths: 44 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Gas Range,Microwave,Refrigerator,Dryer,Washer Fireplace: None
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 2021 Building Area Total: 20,385
  • Security Features

    Fire Detection System,Fire Sprinkler System,Gated Community,Smoke Detector(s)

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2159 Lot Size Dimensions: 50x188
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 9403

  • Listing Price Information

    Original List Price: 7,950,000 Listing Contract Date: 2026-06-23
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5040033009

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 4241 Directions: 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 Zoning: RETAIL+RESIDEN Source Property Type: Residential Income Area: C34 - Los Angeles Southwest
  • Building and Construction

    Property Age: 5 Year Built Source: Builder Total Square Feet Living: 20385 Entry Location: Elevator Levels or Stories: Three Or More
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- -- 8,540 8,540 SqFt
1938 Bonsallo Avenue, Los Angeles, CA, 90007 $1,129,000 -- -- 5,964 5,964 SqFt
1978 Bonsallo Avenue, Los Angeles, CA, 90007 $1,599,800 7 -- 3,456 3,456 SqFt
2119 S Union Avenue, Los Angeles, CA, 90007 $1,525,000 15 -- 6,671 6,671 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
1016 W 24th, Los Angeles, CA, 90007 $1,800,000 -- -- 8,563 8,563 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt
716 W 30th Street, Los Angeles, CA, 90007 $2,608,888 15 -- 5,615 5,615 SqFt
1236 W 24th, Los Angeles, CA, 90007 $899,000 7 4 1,850 1,850 SqFt
1188 W 28th, Los Angeles, CA, 90007 $2,450,000 13 8 3,572 3,572 SqFt

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ByOwner last updated this listing 06/24/2026 @ 21:40

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

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