Listing provided courtesy of Coldwell Banker RealtyMLS# 633379MLS Provider
  • 54 days on site
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Two brand new duplexes in a convenient downtown location only 2 miles to USC campus and 1.4 miles to Five Points. All custom built and professionally designed by Lafaye Custom Homes in 2025. Fully leased until 7-31-2027 with gross income of $150,825 per year-security deposits and leases in hand. All four units are separately metered with tenants paying all utilities. There are two duplexes, four units total, each of the four units have 3 bedrooms and each bedroom has its own private bath (a total of 12 bedrooms and 12 full baths). These townhome style duplexes have large living spaces opening to the kitchens with solid stone countertops (as well as in all bathrooms), all new stainless steel appliances including dishwashers, stoves, refrigerators, & microwaves. Each unit has it's own washer/dryer, Ring Camera Systems, tankless hot water heaters and more. There's ample off-street parking, large backyards with covered outdoor entertainment areas. This is an extraordinary offering unlike the typical 80 year old get your checkbook out rental property needing constant maintenance. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Source: Consolidated MLS, MLS#: 633379

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  • Property Type
    Residential Income
  • Lot
    0.35 acres

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  • Median Age
    37
  • Population Density
    2,745
  • College Educated
    41%
  • Estimated Median Income
    $42,677
  • Estimated Total Home Owners
    3,965
  • Estimated Total Renters
    2,780
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    2
  • Total Population
    17,755
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2514-2516 Richland Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: Consolidated MLS Added to Database
May 06, 2026