1238 W 30th Street
Los Angeles, CA, 90007
$3,495,000
Beds
0 Baths
SqFt
0.16 Acres
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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.

Property Details

Price:
$3,495,000
MLS #:
25530101
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c16midlosangeles
Listed Date:
Apr 25, 2025
Lot Size:
6,954 sqft / 0.16 acres (approx)
Year Built:
2015
C16midlosangeles

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Schools

Interior

Appliances
Dishwasher, Disposal, Refrigerator, Trash Compactor, Vented Exhaust Fan
Cooling
Dual
Heating
Central
Laundry Features
Washer Included, Dryer Included, Stackable

Exterior

Parking Features
Off Site
Parking Spots
5.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price

Property Summary

    1238 W 30th Street Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90007. It is listed for $3,495,000

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