716 W 30th St Los Angeles, CA 90007
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Tatiana Weiss

  716 W 30th St Los Angeles, CA 90007

Active (13 Days)
$3,695,000
15
BED
6
BATH
5,615
SQFT

Description

Welcome to 716-718 West 30th Street, a newly remodeled, six-unit apartment building 2 blocks north of campus, ideally situated just steps from USC in the heart of Los Angeles. Historically 100% rented, including throughout COVID. This prime student housing property spans 5,615 sq. ft. of rentable space, divided between four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit has been thoughtfully designed for modern living, offering both comfort and convenience. Its proximity to USC ensures easy access for students while also presenting an attractive investment opportunity. Each apartment features high ceilings, private single rooms, most comfortably accommodating queen or full-size beds and desks, along with walk-in closets for ample storage. Every unit is equipped with individual heating and A/C systems for year-round comfort. The spacious bathrooms provide ample storage for essentials, while the large kitchens boast new appliances, generous counter space, large pantries and a central island perfect for meal prep or social gatherings. Expansive living rooms offer space for large sofas, entertainment setups, and more, ensuring a welcoming and comfortable environment. Remodeled with a modern aesthetic, these units feature designer cabinetry, quartz countertops, and durable vinyl plank flooring. Privacy is a top priority, with two entrances per apartment and no shared hallways. Enhanced security measures, including surveillance cameras throughout the property, provide peace of mind, and the building is located within USC's Department of Public Safety zone (DPS) with additional security services by CSC, offering added protection. Outside, residents can enjoy a private courtyard patio complete with a gas barbecue ideal for socializing. The location is further enriched by proximity to University Village, The Row, and USC's free Lyft service. With a strong sense of community among tenants and a host of thoughtful amenities, this property is both a premier housing option for students and also a prime investment in USC's robust rental market. Investors can expect solid returns from this highly sought-after property. Perfect for investors seeking a property with a combination of current, stable cash flow, long-term growth, as well as value add potential. This is a rare find in a highly desirable neighborhood. Don't miss out on this incredible opportunity!

MLS #:
24-454007
Lot Size
6,765 SQFT
Type
Multifamily
Year Built
1907
Style
Low Rise
Views
City
County
Los Angeles County

Listed By

Tatiana Weiss, DRE #01751813 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Oct 30 2024 at 12:44 PM GMT+0000
Bathroom Details
Interior Features
  • Security Features: Window Bars
  • Security Features: Gated
  • Security Features: Exterior Security Lights
  • Security Features: Community
Heating and Cooling
  • Wall
  • Wall Unit(s)
Basement Information
  • No
Flooring
  • Tile
  • Vinyl Plank
Garage
  • Parking Garage: Garage - 2 Car
Parking
  • Parking Garage: Detached
Stories
  • 2
Living Area
  • 5,615 sqft
Location
   
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Disclaimer: Copyright 2024 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being 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. Data last updated 10/30/24 05:44