2131 OAK Street

Extremely profitable Student housing operation in a prime location. Walk to USC campus, Expo line 23rd St. Station, & Mt. St. Mary's College. Units have upgraded interiors, furnished with student desks, beds, tables and chairs. Property has all copper plumbing and new electrical service. Students pay all utilities (except water). In-place leasing manager has kept vacancy extremely low and caters to foreign graduate students. All tenants on 12 month leases, zero vacancy during the current school year, 75% leased for the 2013-2014 school year. Steady stream of tenants via leasing manager's company and website. This property is part of a portfolio but can be purchased separately.