CA > Los Angeles
Los Angeles, CA 90007,716 W 30th St
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Los Angeles, CA 90007,716 W 30th St
Los Angeles, CA 90007,716 W 30th St
Los Angeles, CA 90007,716 W 30th St
Los Angeles, CA 90007,716 W 30th St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 3,695,000
Est. payment /mo
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Active

716 W 30th St Los Angeles, CA 90007

15 Beds

6 Baths

5,615 SqFt

UPDATED:

10/25/2024 07:01 AM

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 $658

MLS Listing ID 24-454007

Style Low Rise

Bedrooms 15

Year Built 1907

Lot Size 6,762 Sqft

Acres 0.1553

Property Description

Welcome to 716-718 West 30th Street, a newly remodeled, six-unit apartment building 2 blocks north of campus, ideally situated just steps from USC in the heart of Los Angeles. Historically 100% rented, including throughout COVID. This prime student housing property spans 5,615 sq. ft. of rentable space, divided between four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit has been thoughtfully designed for modern living, offering both comfort and convenience. Its proximity to USC ensures easy access for students while also presenting an attractive investment opportunity. Each apartment features high ceilings, private single rooms, most comfortably accommodating queen or full-size beds and desks, along with walk-in closets for ample storage. Every unit is equipped with individual heating and A/C systems for year-round comfort. The spacious bathrooms provide ample storage for essentials, while the large kitchens boast new appliances, generous counter space, large pantries and a central island perfect for meal prep or social gatherings. Expansive living rooms offer space for large sofas, entertainment setups, and more, ensuring a welcoming and comfortable environment. Remodeled with a modern aesthetic, these units feature designer cabinetry, quartz countertops, and durable vinyl plank flooring. Privacy is a top priority, with two entrances per apartment and no shared hallways. Enhanced security measures, including surveillance cameras throughout the property, provide peace of mind, and the building is located within USC's Department of Public Safety zone (DPS) with additional security services by CSC, offering added protection. Outside, residents can enjoy a private courtyard patio complete with a gas barbecue ideal for socializing. The location is further enriched by proximity to University Village, The Row, and USC's free Lyft service. With a strong sense of community among tenants and a host of thoughtful amenities, this property is both a premier housing option for students and also a prime investment in USC's robust rental market. Investors can expect solid returns from this highly sought-after property. Perfect for investors seeking a property with a combination of current, stable cash flow, long-term growth, as well as value add potential. This is a rare find in a highly desirable neighborhood. Don't miss out on this incredible opportunity!

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

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Coldwell Banker Realty

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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