702 W 30th St - Apartments FOR SALE


Los Angeles, CA 90007- West Adams
$1,795,000 USD
323-422-2244
702 W 30th St, Los Angeles, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

702 W 30th St
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Prime Location for student Housing
  • 3 of the 4 tenants have lived there since 2011
  • Potenital !

OVERVIEW

Prime location & investment opportunity in the highly desirable USC student housing area. Situated within the USC Department of Public Safety Patrol Zone, it offers both security and convenience, just one block from the USC campus, and the historic Shrine Auditorium. The unit mix is ideal for student housing, consisting of (1) 3Br + 2.5 bath unit, (2) 2Br+2 Bath units, and (1) 2 Br + 2.5 unit. Each unit is separately metered for gas and electricity, allowing tenants to manage their own utilities, and all units feature individual tankless water heaters for energy efficiency and continuous hot water supply. This property is perfectly positioned near The Village at USC, offering access to Target, Trader Joe's, a variety of restaurants, and retail options. Public transportation is easily accessible, providing a seamless commute to Downtown Los Angeles and beyond. With its proximity to campus, modern amenities, and prime location in a high-demand rental market, this is a rare opportunity to own a premium student housing property in one of the best locations near USC.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

4

PRICE/UNIT

$448,750

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,570 SF

ZONING

LAR3

APN/PARCEL ID

5123-011-025

ASK ABOUT THIS PROPERTY

Christopher FurstenbergNourmand & Associates RealtorsMore Info
323-422-2244

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Christopher FurstenbergNourmand & Associates RealtorsMore Info
323-422-2244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.