648 W 30th St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90007
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $882
MLS Listing ID 25518147
Style Traditional
Bedrooms 17
Year Built 1908
Lot Size 4,700 Sqft
Acres 0.1079
Property Sub-Type Multi-Family
Property Description
Premier Student Housing Investment Near USC Fully Permitted 17-Bed/17-Bath Property. This fully permitted five-unit student housing investment is located in the highly desirable DPS Patrol Zone, just a short walk from the University of Southern California (USC). Designed and constructed by one of the top student housing operators near USC, the property delivers best-in-class off-campus living with modern amenities and high-end finishes. The property spans approximately 5,100 rentable square feet on a 4,700 square foot lot and consists of two separate structures. The front building, fully updated in 2023, includes four units, each with three bedrooms and three bathrooms. The rear structure located 3004 Shrine is a newly constructed five-bedroom, five-bathroom ADU completed in 2023, offering a low-maintenance addition to the property. Both structures feature high-quality finishes, including new flooring, updated plumbing and electrical systems, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and in-unit washer and dryers. This investment is fully occupied by USC students. All units leased for the 2025-2026 academic year except the ADU (applications under review), with parental guarantees on leases providing additional security. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. With historically high occupancy rates and consistent demand for student housing in this prime location, this asset presents a low-risk, high-growth opportunity for investors.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Central
Cooling Air Conditioning, Central
Equipment Dishwasher, Hood Fan, Garbage Disposal, Range/Oven, Refrigerator, Solar Panels, Washer, Dryer
Laundry In Unit
Exterior
Parking Features None
Pool None
Building
Story 2
Architectural Style Traditional
Level or Stories Multi/Split
Others
Special Listing Condition Standard
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