We are pleased to present a rare opportunity to acquire a high performing, turn-key five (5) unit student housing investment located in the premier North of USC pocket, within the highly sought-after DPS Patrol Zone. Positioned just a short walk from the University of Southern California, this location consistently commands strong rental demand, premium rents, and 100% occupancy year-round. This asset is built for cash flow and stability. The property is currently 100% occupied with USC students and fully leased, generating $23,350 per month in gross income, offering investors immediate yield from day one. With parental guarantees in place and a proven leasing track record, this investment provides a reliable and predictable income stream in one of the strongest student housing markets in Los Angeles. The property consists of a well-maintained triplex (1907) and a newer duplex (2015), totaling approximately 5,295 rentable square feet on a 6,952 square foot lot. The unit mix includes (3) 3-bedroom + 2-bath units, (1) 4-bedroom + 2-bath unit, and (1) studio, an ideal configuration for maximizing per-bed income and maintaining high occupancy. All units have been extensively renovated with modern, high-end finishes, including hardwood flooring, stainless steel appliances, quartz countertops, tiled showers with glass enclosures, in-unit washer and dryers, and wall-mounted flat-screen TVs. The property also features 10 garage parking spaces, a gated entry, and a shared outdoor amenity area with a barbecue and hot tub, highly attractive features for the student demographic. From an operational standpoint, the asset is extremely efficient, with tenants responsible for all utilities (water, gas, and electricity are individually metered), further enhancing net income and reducing landlord expenses. Additional capital improvements include a new roof, upgraded copper plumbing, and double-pane windows, minimizing future maintenance and capital expenditure risk.Offered at approximately a 7% cap rate and 12x GRM, this is a true plug-and-play investment combining strong in-place cash flow, minimal management intensity, and long-term upside in one of LA’s most resilient and supply-constrained rental submarkets.
Property Details
Price:
$3,299,000
MLS #:
26767465
Status:
Active
Beds:
14
Baths:
9
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Apr 21, 2026
Finished Sq Ft:
5,295
Total Sq Ft:
5,295
Lot Size:
6,954 sqft / 0.16 acres (approx)
Year Built:
1907
See this Listing
Schools
Interior
Appliances
DW, GD, MW, RF, TC, BBQ, VEF
Cooling
DL
Flooring
TILE
Heating
COM
Laundry Features
IN, STK, DINC, WINC
Levels
S
Exterior
Parking Spots
10
Parking Total
10
Financial
Map
Community
- Address1238 W 30th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 03, 2026
6,869
Single Family Listed
86
Avg DOM
435
Avg $ / SqFt
$1,697,308
Avg List Price
Property Summary
- 1238 W 30th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $3,299,000 and features 14 beds, 9 baths, and has approximately 5,295 square feet of living space, and was originally constructed in 1907. The current price per square foot is $623. The average price per square foot for Single Family listings in Los Angeles is $435. The average listing price for Single Family in Los Angeles is $1,697,308.
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1238 W 30th ST
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