648 W 30th Street
Los Angeles, CA 90007
- – beds
- – baths
- – sqft
- 4,700 sqft lot
- 1908 build
- – on site
Premier Student Housing Investment Near USC Fully Permitted 17-Bed/17-Bath Property. This fully permitted five-unit student housing investment is located in the highly desirable DPS Patrol Zone, just a short walk from the University of Southern California (USC). Designed and constructed by one of the top student housing operators near USC, the property delivers best-in-class off-campus living with modern amenities and high-end finishes. The property spans approximately 5,100 rentable square feet on a 4,700 square foot lot and consists of two separate structures. The front building, fully updated in 2023, includes four units, each with three bedrooms and three bathrooms. The rear structure located 3004 Shrine is a newly constructed five-bedroom, five-bathroom ADU completed in 2023, offering a low-maintenance addition to the property. Both structures feature high-quality finishes, including new flooring, updated plumbing and electrical systems, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and in-unit washer and dryers. This investment is fully occupied by USC students. All units leased for the 2025-2026 academic year except the ADU (applications under review), with parental guarantees on leases providing additional security. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. With historically high occupancy rates and consistent demand for student housing in this prime location, this asset presents a low-risk, high-growth opportunity for investors.
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Last updated Apr 8, 2025
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MLS# 25518147 —
The Building
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Year Built:1908
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New Construction:No
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Building Area Total:5100.00
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Total Number Of Units:5
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# of Buildings:2
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Architectural Style:Traditional
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Stories Total:2
Interior
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Levels:Multi/Split
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:Corner of 30th & Shrine. West of Figueroa
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Latitude:34.02552400
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Longitude:-118.27962500
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:4700.0000
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Lot Size Acres:0.1079
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Lot Size SqFt:4700.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5123010013
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Dishwasher, Disposal, Refrigerator
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:No
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Parking:None
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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 |
|---|---|---|---|---|
|
4/7/25
Apr 7, 2025
|
Listed / Active | CRMLS_CA | $5,149,000 | 3.2% (2.3% / YR) |
|
11/28/23
Nov 28, 2023
|
CRMLS_CA | $4,990,000 | ||
|
11/27/23
Nov 27, 2023
|
CRMLS_CA | $4,990,000 |
