2621 Juliet, Los Angeles, CA 90007
Local realty services provided by:ERA North Orange County Real Estate
2621 Juliet,Los Angeles, CA 90007
$850,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: maxwell thurman
Office: t.n.g. real estate consultants
MLS#:PW26114278
Source:San Diego MLS via CRMLS
Price summary
- Price:$850,000
About this home
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 propertys 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 an...
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Home facts
- Listing ID #:PW26114278
- Added:1 day(s) ago
- Updated:May 29, 2026 at 08:31 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
- Heating:Forced Air Unit
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$850,000
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