35
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$3,295,000
Est. payment /mo
12 Beds
18 Baths
6,840 SqFt
New
1239 W 30th ST Los Angeles, CA 90007
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $481
MLS Listing ID 26636019
Bedrooms 12
HOA Y/N No
Year Built 2003
Lot Size 6,865 Sqft
Property Description
We are proud to present a rare opportunity to acquire a 2003 built, LA RSO exempt fully renovated, six-unit turnkey student-housing apartment community located in the highly sought-after North of Campus neighborhood, within the DPS Patrol Zone and just a short walk to the University of Southern California (USC). The property and all six units have been completely remodeled with modern, high-end finishes throughout. Each spacious unit features vinyl plank hardwood flooring, stainless-steel kitchen appliances, quartz countertops, tiled showers, and contemporary design elements tailored to today's student renters. The gated community offers large two-bedroom townhome units, approximately 1,200-square-foot floor plans, underground garage with EV parking, and an on-site laundry facility providing additional income potential.From an investment standpoint, the asset is exceptionally well positioned. Capital improvements include a new roof, updated copper plumbing, and double-pane windows. All units are individually metered for gas and electricity, with ownership responsible for water and trash expenses. The building is comprised approximately of 6,840 rentable square feet on a 6,863 square-foot lot, and consists of six (6) 2-bedroom + 2.5-bathroom townhouse units.Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk, high-demand student-housing investment with strong fundamentals and long-term growth potential. Units #2 & #6 are currently vacant and in the process of being leased out.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Central
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Exterior
Parking Features Garage, Private
Community Features Gated
Total Parking Spaces 12
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5055010025
Security Features Gated Community
Special Listing Condition Standard
Listed by Davis Saadian Keller Williams Hollywood Hills
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