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$4,500,000

Est. payment - /mo

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17 Beds

17 Baths

5,100 SqFt

Price Dropped by $649K

648 W 30th St Los Angeles, CA 90007

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Herman Singh

hs@coastalpropertyadvisors.com +1(718) 679-7822

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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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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Nourmand & Associates-HW

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Herman Singh

Broker

+1(718) 679-7822

648 W 30th St Los Angeles, CA 90007

Herman Singh

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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648 W 30th St