716 W 30th St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,615 sqft
Price per Sqft $622
MLS Listing ID 25518421
Style Low Rise
Bedrooms 15
Year Built 1907
Annual Tax Amount $39,144
Lot Size 6,762 Sqft
Acres 0.1553
Property Sub-Type Multi-Family
Property Description
Welcome to 716-718 West 30th Street, a newly renovated six-unit apartment building located just two blocks north of the USC campus in the vibrant heart of Los Angeles. This property has consistently maintained 100% occupancy, even during COVID-19, making it a reliable investment. Spanning 5,615 sq. ft. of rentable space, it includes four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit is designed with modern living in mind, offering both comfort and convenience. Its prime location near USC ensures easy access for students while also representing an excellent investment opportunity. The apartments feature high ceilings and private rooms, most of which can comfortably accommodate queen or full-sized beds and desks, along with walk-in closets for generous storage. Each unit is equipped with individual heating and A/C systems for year-round comfort. Spacious bathrooms provide ample storage, while the large kitchens are equipped with new appliances, ample counter space, large pantries, and central islands ideal for meal preparation or socializing. Expansive living rooms can accommodate large sofas, entertainment setups, and more, offering a welcoming atmosphere. The units are remodeled with a contemporary aesthetic, showcasing designer cabinetry, quartz countertops, and durable vinyl plank flooring. Privacy is a priority, with two entrances per apartment and no shared hallways. Enhanced security features, such as surveillance cameras, provide peace of mind, and the building is within USC's Department of Public Safety (DPS) zone, with additional security services from CSC. Outside, residents can enjoy a private courtyard patio with a gas barbecue perfect for social gatherings. The location is further enhanced by its proximity to University Village, The Row, and USC's free Lyft service. With a strong sense of community and a range of thoughtful amenities, this property offers premier student housing and is a sought-after investment in USC's thriving rental market. Investors can expect solid returns from a property with current, stable cash flow, long-term growth potential, and added value opportunities. This is a rare opportunity in a highly desirable neighborhood. Don't miss out on this exceptional investment!
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Flooring Vinyl Plank, Tile
Equipment Barbeque, Ceiling Fan, Garbage Disposal, Refrigerator, Range/Oven, Dryer, Washer
Laundry Community, Laundry Area
Exterior
Parking Features Detached, Garage - 2 Car
Garage Spaces 2.0
View Y/N Yes
View City
Building
Story 2
Architectural Style Low Rise
Level or Stories One
Others
Special Listing Condition Standard