OWNER IN EXCHANGE MOTIVATED - PRICE REDUCED $400K!!! Lee & Associates Investment Services Group is pleased to present an Outstanding Upside/Reposition opportunity to purchase a 12 Unit Student Housing Apartment Building located at 2200 Toberman Street, Los Angeles, CA 90007. This prime USC Housing property is a currently configured as 14 Beds. The property consists of 12 spacious apartments comprised of 2 Two Bedroom/One Bath units, 2 One Bedroom/One Bath units and 8 Studio apartments. Currently, the property is operating as 12 separate units with 1 to 2 Beds per apartment. There is an opportunity to increase occupancy to a double occupancy model to increase the bed count to 28 Beds. The Subject is equipped with modern appliances and features such as refrigerator, Stove Range Oven, located within the unit. A strength of the student housing market for the subject property is its proximity (less than a mile) to USC (University of Southern California), a prestigious private university with approximately 43,000 students. (Most students prefer to be as close to the university as possible.) The campus's boundaries are Jefferson Boulevard on the north and northeast, Figueroa Street on the east, Exposition Boulevard on the south, and Vermont Avenue on the west.