$3,399,000

1238 W 30th Street, Los Angeles, CA 90007

  • 14 beds |
  • 9 baths |
  • 5,295 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1907
  • Property Lot Size Icon6,952sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $642/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

We are proud to present a rare opportunity to acquire this five (5) unit, turn-key student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The site is well situated in the pristine rare North of campus pocket, consisting of a triplex built in 1907, and a duplex built in 2015.The properties and all five (5) units have been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, wall-mounted flat screen televisions, and high-end finishes throughout the units. The property is fully gated and includes modern spacious units, ten (10) garaged parking spaces, and an outdoor common area with a gas barbecue and hot tub for students to enjoy. The investment features a new roof, updated copper plumbing, double pane windows, and individually metered for water, gas & electricity (the tenants pay for all utility expenses). The building is approximately 5,295 rentable SF on a 6,952 SF lot, consisting of (3) 3-bedroom + 2-bathroom units, (1) 4-bedroom + 2-bathroom unit, and (1) studio unit. 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. The investment is 100% occupied with USC students, and fully leased for the year, with a gross income of $23,100/month. The investment is priced at a 6.7% Cap Rate & 12.5x GRM. Please email for the Executive Summary/ Financial Analysis.

Listing Status:
Active
Date Added:
February 4, 2026
Data Last Updated:
February 7, 2026 at 11:18PM
Listing Office:
Keller Williams Hollywood Hills : 310-623-1300
Listing Agent:
Davis Saadian : 310-402-8958
MLS ID:
26647307
  • General: Ceiling Fan(s)
  • Appliances: DishwasherDisposalRefrigeratorTrash CompactorDryerWasher
  • A/C: Dual
  • Heating: Combination
  • Style: Craftsman
  • Parking: GarageParking spaces: 10
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR35039001050
  • Source: CRMLS_CL

Presented by Veterans United Realty

This listing courtesy of Davis Saadian , Keller Williams Hollywood Hills

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John W. Mack Elementary

3020 S Catalina St, Los Angeles, CA, 90007

Grades KG-5

0.20 miles away

T

Thirty-Second Street Usc Performing Arts

822 W 32nd St, Los Angeles, CA, 90007

Grades KG-12

0.46 miles away

T

Thirty-Second Street Usc Performing Arts

822 W 32nd St, Los Angeles, CA, 90007

Grades KG-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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