1175-1181 Leighton Avenue is a fully
leased, newly built 10-unit portfolio offering a combination rarely found near USC: two
side-by-side five-unit properties, 26 rentable bedrooms, 26 parking spaces and a 6.62%
cap rate (inclusive of a 4% management fee), all just 0.5 miles from USC campus.
Situated on two contiguous lots with separate APNs, the portfolio consists of eight
expansive 3-bedroom, 3-bathroom residences and two, highly rentable, 1-bedroom,
1-bathroom ADUs. Each bedroom in all residences has its own en-suite bathroom,
creating a flexible and highly rentable unit mix that appeals to students, young
professionals, families and traditional tenants.
The portfolio generates $432,360 in annual gross income and is offered fully
stabilized with established rental history. Units are separately metered for
ALL utilities, eliminating any owner utility expenses, while the side-by-side
configuration and separate APNs also provide investors with the flexibility
to pursue residential or commercial financing.
These are not typical student rentals. Each townhome-style residence delivers
high-end finishes, open-concept living spaces, oversized kitchen islands, sleek
cabinetry, stainless steel appliances, designer lighting, LVP flooring, in-unit laundry,
generous closets, spa-inspired bathrooms and oversized windows that fill the interiors
with natural light. The propery is also equipped with EV charhing and solar!
Beyond USC, residents are moments from Exposition Park, BMO Stadium, the LA
Memorial Coliseum, the Natural History Museum and the California Science Center. The
portfolio is also located within the USC Lyft Zone and offers convenient access to the
Metro E Line, Downtown Los Angeles, Culver City and Santa Monica. This central location
supports a deep and diverse tenant pool while giving investors the stabilized income,
modern construction, parking and operational simplicity that are increasingly difficult to
find in a single acquisition.
New construction
Listed by: Myunits.com Inc. • Lauren Cearley • Contact: 213-302-8662
$4,995,000
1175 Leighton Ave, Los Angeles, CA 90037
26beds
26baths
13,618sqft
Multi Family
Built in 2026
-- sqft lot
$4,883,700 Zestimate®
$367/sqft
$-- HOA
What's special
- 26 days
- 109
- 7
Zillow last checked:
Listing updated:
Listed by:
Lauren Cearley DRE #02146823 213-302-8662,
Myunits.com Inc.,
Cheyenne Womack DRE #02064825 805-973-7470,
Myunits.com Inc.
Source: CRMLS,MLS#: BB26177613
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 26
- Bathrooms: 26
Appliances
- Included: Washer
- Laundry: Washer Hookup, Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 13,618
- Total interior livable area: 13,618 sqft
Video & virtual tour
Property
Parking
- Total spaces: 26
- Parking features: Assigned, Garage
- Garage spaces: 16
- Uncovered spaces: 10
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.31 Acres
- Features: Front Yard
Details
- Additional parcels included: 5037006024
- Parcel number: 5037006025
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $988,379
- Date on market: 8/13/2026
- Listing terms: Submit
- Total actual rent: 36030
- Tenant pays: All Utilities
Estimated market value
$4,883,700
$4.64M - $5.13M
$2,828/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $4,995,000+425.8%$367/sqft |
Source: | ||
| 3/27/2024 | Sold | $950,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $988,379 +2% |
| 2025 | $11,834 +468.5% | $969,000 +530.8% |
| 2024 | $2,082 +1.6% | $153,612 +2% |
| 2023 | $2,049 +4.3% | $150,601 +2% |
| 2022 | $1,965 +1.8% | $147,649 +2% |
| 2021 | $1,931 -0.7% | $144,754 +1% |
| 2020 | $1,946 | $143,270 +2% |
| 2019 | $1,946 +9% | $140,462 +2% |
| 2018 | $1,785 | $137,709 +2% |
| 2017 | $1,785 +2.1% | $135,010 +2% |
| 2016 | $1,749 +3.2% | $132,364 +1.5% |
| 2015 | $1,695 +0.5% | $130,376 +2% |
| 2014 | $1,687 | $127,823 +2.5% |
| 2012 | -- | $124,752 +2% |
| 2011 | -- | $122,307 +0.8% |
| 2010 | -- | $121,393 -0.2% |
| 2009 | -- | $121,682 +2% |
| 2008 | -- | $119,297 +2% |
| 2007 | -- | $116,959 +2% |
| 2006 | -- | $114,667 |
| 2005 | -- | $114,667 +4% |
| 2004 | -- | $110,216 +1.9% |
| 2003 | -- | $108,197 +2% |
| 2002 | -- | $106,076 +4% |
| 2000 | -- | $101,959 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Los Angeles
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