Los Angeles, CA 90007,1519 W 30th St
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Los Angeles, CA 90007,1519 W 30th St
Los Angeles, CA 90007,1519 W 30th St
Los Angeles, CA 90007,1519 W 30th St
Los Angeles, CA 90007,1519 W 30th St
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Anastasiya Richards

Anastasiya Richards

Epique

+1(510) 493-0442
$ 1,495,000
Est. payment /mo
Save
Active

1519 W 30th St Los Angeles, CA 90007

8 Beds

8 Baths

4,800 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $311

MLS Listing ID 25-484011

Bedrooms 8

Year Built 1924

Lot Size 5,632 Sqft

Acres 0.1293

Property Sub-Type Multi-Family

Property Description

Located just blocks from the University of Southern California (USC) and within the USC Patrol Zone, this 8-unit property presents a unique opportunity for investors and developers. Comprising all junior 1-bedroom units, the layout features a hallway connecting the living room, bathroom, and kitchen in each unit. Currently, two of the units are vacant, while the remaining tenants are long-term. Some tenants have expressed an interest in negotiating cash-for-keys, helping bolster future upside potential. The property sits on a 5,609 square foot lot with 8 side-by-side parking spaces, providing additional upside potential by charging for parking. The lot is zoned (Q)R3-1-O-CPIO and falls under the TOC Tier 3 designation, enabling the development of up to 12 four-bedroom units that can be leased "per bed" to students, capitalizing on the high demand from USC's student population. This property offers an estimated rental income upside of approximately 45%, making it an attractive opportunity for both immediate rental income and future development. The property is not located within an HPOZ zone, further simplifying any redevelopment plans.With its prime location near USC and its zoning potential, this fixer-upper provides both immediate cash flow and long-term value growth.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning (Q)R3-1-O-CPIO

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Side By Side

Garage Spaces 8.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Maher Commercial Realty

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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