Property Detail

3017 Kenwood

Los Angeles CA 90007

$4,750,000

Status: Active

Property Details

Description

Introducing 3017 Kenwood Ave, a premier newly constructed student housing investment located within the University of Southern California (USC) DPS Patrol Zone. Completed in 2026 and delivered fully occupied, this high-quality asset offers immediate, stabilized cash flow with approximately $38,925 per month in gross income ($467,100 annually) and a strong 7.65% cap rate, with tenants responsible for utilities. The property is currently configured as 14 income-producing rental suites across 22 oversized bedrooms, creating a highly efficient and desirable layout tailored to student housing demand. The design maximizes both privacy and rental income, allowing for strong performance and consistent occupancy. Spanning approximately 9,003 square feet, the building features spacious layouts and high-end finishes throughout. The property also includes six on-site parking spaces, a valuable amenity for both tenants and operators in the USC market. The property is delivered fully furnished, providing a seamless, turnkey investment with minimal ongoing capital requirements. Its flexible suite-style configuration supports rent-by-the-room, private suite leasing, or co-living strategies, allowing investors to maximize income and adapt to evolving demand. Ownership is open to continuing management, offering a seamless transition and operational continuity for the next owner. Situated just minutes from USC and within the DPS Patrol Zone, the property benefits from one of the most desirable student housing locations in Los Angeles. It is also near the Expo/Vermont E Line Metro Station, offering convenient access to Downtown Los Angeles and surrounding amenities. With the 2028 Olympics approaching and continued demand driven by USC's growing student population, 3017 Kenwood Ave represents a rare opportunity to acquire a newly built, fully stabilized, high-income asset in one of Los Angeles' most resilient rental markets. *Buyer to verify current configuration and all permits. Layout is non-conforming.

Map Location

Listing provided courtesy of Adam Shamooelian of Keller Williams Beverly Hills. Last updated 2026-09-25 08:10:58.000000. Listing information © 2025 CRMLS.

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

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