$3,495,000

Estimated payment $23,020/month

Total Views 9,097
15 Beds
6 Baths
5,615 Sq Ft
$622 Price per Sq Ft

Highlights

  • City View
  • Security Service
  • Tile Flooring
  • 2 Car Detached Garage
  • Laundry Room
  • Outdoor Grill

About This Home

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!

Listing Agent

Tatiana Weiss

Coldwell Banker Realty License #01751813 Listed on: 03/30/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 6,762 Sq Ft Lot
  • Gated Home

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 5,615 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • City Views

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Security Lights

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5123-011-022

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Low-Rise Condominium

Additional Features

  • Laundry Facilities
  • Security Service

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Low Rise
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 5615
  • Lot Acreage: 0.1553
  • Price Per Unit: 615834.00
  • Stories: 2
  • Year Built: 1907
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl Plank, Tile
  • Bedrooms: 15
  • Common Walls: Attached
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Ceiling Fan, Garbage Disposal, Refrigerator, Range/Oven, Dryer, Washer
  • Price Per S Q F T: 622.44

Exterior Features

  • Other Structures: None
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Community, Exterior Security Lights, Gated, Window Bars

Lot Info

  • Assessed Land Percent: 0
  • Assessor Parcel Number: 5123-011-022
  • Lot Size Area: 6762

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 11.10
  • Number Of Units: 6
  • Total Annual Expense: 78175
  • Type Of Units: Cottages/Apt
  • Vacancy Rate: 50%

Tax Info

  • Tax Total: 39144.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 For Sale $3,495,000 -- $622 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25518421

The MLS