*The Spot is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Welcome to The Spot, an exceptional private student housing building located at 721 W 30th St., offering a prime location just a short walk from the University of Southern California (USC) campus. This meticulously cared-for property, fully occupied by USC students, sits on a spacious 11,795 sq. ft. lot with a building size of 12,928 sq. ft. The property boasts convenient access to USC Village, the Shrine Auditorium, and the bustling retail amenities along Figueroa St., ensuring tenants have everything they need within walking distance.The unit mix at The Spot includes one 4-bedroom unit, two 2-bedroom units, sixteen 1-bedroom units, and one studio unit, providing a variety of housing options tailored to student needs. Renovated in 2005, the property features modern updates and common area amenities that enhance tenant enjoyment. With 36 on-site parking spaces, the property is designed to accommodate the needs of its residents. Additionally, there is significant potential to add more dwelling units, offering an exciting opportunity for future growth. The building is owned and operated by CDI Management and is fully occupied by USC students. This is an exceptional investment opportunity for those looking to capitalize on the high demand for student housing in the heart of USC’s vibrant campus community.
Property Details
Price:
$9,000,000
MLS #:
25504043
Status:
Active
Baths:
0
Address:
721 W 30th Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Feb 27, 2025
State:
CA
ZIP:
90007
Lot Size:
11,795 sqft / 0.27 acres (approx)
Year Built:
1963
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
Gated
Parking Spots
36.00
Stories Total
2
Financial
Map
Community
- Address721 W 30th Street Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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721 W 30th Street
Los Angeles, CA
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