648 W 30th Street
Los Angeles, CA 90007
- – beds
- – baths
- – sqft
- 4,700 sqft lot
- 1908 build
- – on site
More homes
We are pleased to offer the opportunity to acquire this Prime North of Campus five (5) unit, fully permitted seventeen (17) bedroom + seventeen (17) bathroom Student Housing investment opportunity, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The subject property was expertly designed, remodeled, and constructed by the one of the top student housing operators near USC, renowned for their track record of delivering best-in-class off-campus housing and providing tenants with an unparalleled housing experience. The property is approximately 5,100 rentable square feet on a 4,700 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of four (4) 3-bedroom + 3-bathroom units in the front, and a 5-bedroom + 5-bathroom brand-new ADU in the back. The subject property's front structure was completely updated and remodeled in 2023, and features brand new flooring, brand new plumbing/electrical, updated roof, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The back unit is a brand-new ADU recently constructed and completed in 2023 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance structure to any prospective buyer. The investment is 100% occupied with USC students and fully leased for the 2023-2024 academic school year. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Tenants pay for all utilities of the property including Water/Gas/Electric/Trash.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Nov 29, 2023
•
MLS# 23292413 —
The Building
-
Year Built:1908
-
New Construction:No
-
Building Area Total:5100.00
-
Total Number Of Units:5
-
# of Buildings:2
-
Stories Total:2
Interior
-
Levels:Two
Location
-
Directions:648-652 W. 30th St., 90007
-
Latitude:34.02553900
-
Longitude:-118.27961800
The Property
-
Property Type:Residential Income
-
Zoning:LAR3
-
Lot Size Area:4700.0000
-
Lot Size Acres:0.1079
-
Lot Size SqFt:4700.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5123010013
The Community
-
Association:No
-
Senior Community:No
Parking
-
Parking:Yes
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/28/23
Nov 28, 2023
|
Sold | CRMLS_CA | $4,990,000 | |
|
11/27/23
Nov 27, 2023
|
Pending | CRMLS_CA | $4,990,000 | |
|
8/2/23
Aug 2, 2023
|
Listed / Active | CRMLS_CA | $4,990,000 |
