Los Angeles, CA 90007 716 W 30th Street

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Presented By: Tatiana Weiss with Coldwell Banker Realty;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25518421
  • 03/31/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 15
  • Baths • 6
  • SQFT • 5,615
  • Garage • 2

Home Details

Welcome to 716-718 West 30th Street, a newly renovated six-unit apartment building located just two blocks north of the USC campus in the vibrant heart of Los Angeles. This property has consistently maintained 100% occupancy, even during COVID-19, making it a reliable investment. Spanning 5,615 sq. ft. of rentable space, it includes four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit is designed with modern living in mind, offering both comfort and convenience. Its prime location near USC ensures easy access for students while also representing an excellent investment opportunity. The apartments feature high ceilings and private rooms, most of which can comfortably accommodate queen or full-sized beds and desks, along with walk-in closets for generous storage. Each unit is equipped with individual heating and A/C systems for year-round comfort. Spacious bathrooms provide ample storage, while the large kitchens are equipped with new appliances, ample counter space, large pantries, and central islands ideal for meal preparation or socializing. Expansive living rooms can accommodate large sofas, entertainment setups, and more, offering a welcoming atmosphere. The units are remodeled with a contemporary aesthetic, showcasing designer cabinetry, quartz countertops, and durable vinyl plank flooring. Privacy is a priority, with two entrances per apartment and no shared hallways. Enhanced security features, such as surveillance cameras, provide peace of mind, and the building is within USC's Department of Public Safety (DPS) zone, with additional security services from CSC. Outside, residents can enjoy a private courtyard patio with a gas barbecue perfect for social gatherings. The location is further enhanced by its proximity to University Village, The Row, and USC's free Lyft service. With a strong sense of community and a range of thoughtful amenities, this property offers premier student housing and is a sought-after investment in USC's thriving rental market. Investors can expect solid returns from a property with current, stable cash flow, long-term growth potential, and added value opportunities. This is a rare opportunity in a highly desirable neighborhood. Don't miss out on this exceptional investment!
Presented By: Tatiana Weiss with Coldwell Banker Realty;

Interior Features for 716 W 30th Street

Bedrooms

Total Bedrooms15

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesCommonArea
Total Stories2

General for 716 W 30th Street

Additional Parcels Y/NNo
AppliancesBarbecue, Disposal, Refrigerator, Dryer, Washer
Attached Garage No
Cap Rate6.7
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsIn University Park 2 blocks North of USC between Figueroa and Hoover.
Electric On Property Y/NNo
Full Baths
Garage Spaces2.0
Garage Y/NYes
Gross Income312600.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6762.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income234165.0
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity, WindowBars
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
ViewCityLights
Waterfront Y/NNo
Year Built1907
Year Built SourceAssessor
ZoningLAR3

Exterior for 716 W 30th Street

Building Area Total5615.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1552
Lot Size Area6762.0
Lot Size SourceAssessor
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage
Private PoolNo
SpaNo
Total Parking2.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,495,000
MLS#25518421
List Date 03/31/2025
Property Type Multi-Family
Phone 714.742.6515
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