CA > Los Angeles
Los Angeles, CA 90007,1238 W 30th St
Los Angeles, CA 90007,1238 W 30th St
Los Angeles, CA 90007,1238 W 30th St
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$3,775,000
Est. payment /mo
14 Beds
9 Baths
5,295 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,295 sqft

Price per Sqft $712

MLS Listing ID 25530101

Bedrooms 14

Year Built 2015

Lot Size 6,954 Sqft

Acres 0.1596

Property Sub-Type Multi-Family

Property Description

We are pleased to offer the 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, garaged parking, 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 utilities). 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 $26,550/month. The investment is priced at a current 7.01% Cap Rate & 11.8x GRM. Please email for the Executive Summary/ Financial Analysis.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other, Central

Cooling Dual, Other

Equipment Freezer, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Stackable W/D Hookup, Trash Compactor, Vented Exhaust Fan, Washer, Dryer, Other, Garbage Disposal, Ice Maker, Dishwasher

Laundry In Unit

Exterior

Parking Features Garage - 4+ Car, Other, Offsite

Garage Spaces 5.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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