UCLA Sorority Row Student Housing

• Rare UCLA sorority row multi-family student housing purchase opportunity

• The property was built in 1929 and renovated from 2014-2021 with a full cosmetic upgrade, guest bathroom redesign, addition of a walk-in freezer, new windows, an electrical upgrade, and fiber internet installation. The building and units are in good to great condition. The building exterior, courtyard, side yard, and hallways appear to be well maintained.

• There are 21 bedrooms, which include 19 bedrooms occupied by residents, along with 1 guest room and 1 manager’s unit. The room mix includes a total of 49 beds, which consists of large, shared units ranging from two to six residents per room. The interior includes various common areas, including a commercial kitchen, dining room, living room, study room, and foyer reception area. There are shared bathrooms with showers on the 2nd and 3rd floors, a 1st floor guest restroom, and the manager’s unit has a bathroom.

• The subject property is located on Hilgard Avenue just east of the UCLA campus, in an area comprised primarily of other sorority houses and student housing developments. The neighborhood maintains a college-town atmosphere, influenced by the UCLA campus, which has a student body of over 44,000 students. The neighborhood also benefits from the surrounding affluent neighborhoods of Brentwood to the west, Bel Air to the north, and Beverly Hills to the east.

• Alpha Gamma Delta Sorority has a lease until June 15, 2023, after which the property will be vacant.

• Marketing Package for 624 Hilgard Ave
  DOWNLOAD