1238 W 30th Street

Los Angeles, CA 90007

  • 14 Bed(s)
  • 0 Bath(s)
  • 5,295 Sqft
  • 6954
    Sqft(Lot)
$3,775,000

Description

We are pleased to offer the opportunity to acquire this five (5) unit, turn-key student housing apartment complex, located in the highly desirable dps patrol zone, and walking distance to the university of southern california (usc). the site is well situated in the pristine rare north of campus pocket, consisting of a triplex built in 1907, and a duplex built in 2015. the properties and all five (5) units have been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, wall-mounted flat screen televisions, and high-end finishes throughout the units. the property is fully gated and includes modern spacious units, garaged parking, and an outdoor common area with a gas barbecue and hot tub for students to enjoy. the investment features a new roof, updated copper plumbing, double pane windows, and individually metered for water, gas & electricity (the tenants pay for all utilities). the building is approximately 5,295 rentable sf on a 6,952 sf lot, consisting of (3) 3-bedroom + 2-bathroom units, (1) 4-bedroom + 2-bathroom unit, and (1) studio unit. combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. the investment is 100% occupied with usc students, and fully leased for the year, with a gross income of $26,550/month. the investment is priced at a current 7.01% cap rate & 11.8x grm. please email for the executive summary/ financial analysis.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49517291

Sell a home like this and save $226,001 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bedroom Information

    • Total Bedrooms : 14

    Bathroom Information

    • Total Baths: 9
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Disposal,Refrigerator,Trash Compactor,Vented Exhaust Fan,Dryer,Washer

    Cooling Features

    • Dual
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 2015
    • Building Area Total: 5,295

    Laundry Features

    • Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1596
    • Lot Size Dimensions: 50x137
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 6954

  • Listing Price Information

    • Original List Price: 3,775,000
    • Listing Contract Date: 2025-04-25

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5039001050

  • Garage and Parking

    • Garage Description: Off Site

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 3104
    • Directions: 1236-1238 W. 30th Street | Los Angeles 90007
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles

    Building and Construction

    • Property Age: 10
    • Year Built Source: Builder
    • Total Square Feet Living: 5295
    • Levels or Stories: Multi/Split
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 1500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 04/28/2025 @ 12:59

  • MLS: 25530101
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 14 bedrooms which is for sale, it has 5,295 sqft, 6,954 sized lot, and 0 parking. are nearby neighborhoods.