$2,895,000
3833 S Grand Avenue presents an opportunity to acquire a specialized residential asset currently utilized as transitional housing in Los Angeles and directly adjacent to USC. The property features 13 bedrooms, including 4 private 1-bed 1-bathroom units, across approximately 7,484 square feet of building area on a substantial 13,492-square-foot lot. The property's existing configuration and residential use may make it particularly attractive to a local nonprofit organization seeking to establish or expand a transitional housing operation, a sober living facility, or an affordable housing program, subject to applicable licensing, zoning, occupancy, and regulatory requirements. The property's existing infrastructure and bedroom count offer a potential foundation for an operator seeking to provide residential services while pursuing a mission-driven use. Offered at approximately $387 per square foot, the property combines an established income stream with a specialized residential configuration and potential for future operational repositioning. The substantial 13,492-square-foot lot further contributes to the property's long-term appeal, subject to verification of applicable zoning and development requirements. All financial information and projected returns are estimates and have not been independently verified. Buyers are responsible for independently verifying property information, income, expenses, existing occupancy and operating agreements, permitted uses, licensing requirements, zoning, and any potential development opportunities. Contact the listing broker for additional information.
13
Beds
⋅
7
Baths
⋅
ACTIVE
Status
3833 S Grand Ave, Los Angeles
Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650
