Active

2621 Juliet

Los Angeles, CA 90007
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Bed 7

Bed

Bath 4

Bath

SqFt2,088

Sqft

SqFt2,909

Sqft(Lot)

Positioned in the heart of the USC rental market and located within the USC Department of Public Safety (DPS) patrol zone, 2621 Juliet Street presents a rare opportunity to acquire a stabilized duplex with immediate upside and strong in-place fundamentals. The property currently operates at an estimated 6% cap rate with a projected gross scheduled income multiplier of 11.8 years, offering investors a compelling blend of cash flow, location, and future rental growth potential. The upper unit is a turnkey 4-bedroom, 2-bath residence that will be delivered vacant at the close of escrow, creating the opportunity for an owner-user, student housing operator, or investor to immediately achieve fair market rents. The unit has been thoughtfully maintained and features two separate access points, in -unit washer and dryer, individual window A/C units in each bedroom, installed blinds throughout, and dedicated driveway parking for up to three vehicles. The lower unit consists of a 3-bedroom, 2-bath floor plan occupied by long-term tenants currently paying $2,600 per month on a 2-year lease, providing stable income from day one. Beyond the income profile, ownership has invested significantly into the property’s infrastructure and major systems. Recent improvements include foundation and seismic retrofit work, upgraded pier and post systems, new girder beam support installation, roof repairs and maintenance, plumbing upgrades including dual 40-gallon water heaters, and a substantial electrical modernization that included a new 2-meter 200-amp main panel relocation with upgraded feeders and future generator connectivity. For investors seeking a well-positioned asset near one of Los Angeles’ most consistent housing demand drivers, 2621 Juliet Street offers the increasingly rare combination of strong current income, meaningful capital improvements, and immediate rental upside in a high-demand USC-adjacent location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $850,000

AD Id : 79434502

MLS Id : PW26114278

Beds : 7

Lot Size : 2,909 Sqft

Living Area Size : 2,088

Year Built : 1906

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Asphalt Interior Features: All Bedrooms Up Property Appliances: Gas Oven Fireplace: None Flooring: Laminate
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Forced Air Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1906 Building Area Total: 2,088 Roof: Asphalt
  • Foundation

    Pillar/Post/Pier
  • Accessibility Features

    None

    Pool Features

    None

    Laundry Features

    Inside,Stacked

    Fencing

    Wood

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0668
  • Lot Size Source: Assessor Lot Size Square Feet: 2909

  • Listing Price Information

    Original List Price: 850,000 Listing Contract Date: 2026-05-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5054030051

  • Garage and Parking

    Garage Description: Driveway

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: No GPS Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Duplex
  • Building and Construction

    Property Age: 120 Common Walls: No Common Walls Property Condition: Turnkey Structure Type: Duplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2104 Park Grove, Los Angeles, CA, 90007 $1,350,000 13 9 4,052 4,052 SqFt
2208 Toberman Street, Los Angeles, CA, 90007 $1,450,000 4 4 3,324 3,324 SqFt
2107 S Union Avenue, Los Angeles, CA, 90007 $775,000 9 5 2,683 2,683 SqFt
1256 W 22nd, Los Angeles, CA, 90007 $875,000 4 4 2,436 2,436 SqFt
2422 Juliet Street, Los Angeles, CA, 90007 $1,050,000 7 4 2,856 2,856 SqFt
1519 W 29th, Los Angeles, CA, 90007 $1,150,000 4 5 2,550 2,550 SqFt
3110 Raymond Ave, Los Angeles, CA, 90007 $980,000 5 4 4,168 4,168 SqFt

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ByOwner last updated this listing 06/20/2026 @ 03:43

MLS: PW26114278 LISTED BY: Maxwell Thurman, T.N.G. Real Estate Consultants 714-987-3310 SOURCE: CRMLS

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