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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$ 3,495,000
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716 W 30th St Los Angeles, CA 90007

15 Beds

6 Baths

5,615 SqFt


UPDATED:

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


TheMLS (CLAW)
Listed by Coldwell Banker Realty

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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