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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,988,888

Est. payment - /mo

15 Beds

6 Baths

5,615 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,615 sqft

Price per Sqft $532

MLS Listing ID 26663077

Bedrooms 15

HOA Y/N No

Year Built 1907

Lot Size 6,764 Sqft

Property Description

716 West 30th Street presents an exceptional opportunity to acquire a turnkey USC student-housing asset with 15 bedrooms and 6 bathrooms located north of USC campus by two blocks, around the corner from The Row (sororities and fraternities), and one block north of the Shrine Auditorium. USC Village is three blocks away. The Walking Score is 93, a Walker's Paradise, and the Biker's Score is 100, a Biker's Paradise. The property is located within USC's Department of Public Safety (DPS) zone. The property is newly renovated with a completely modern interior design and is professionally managed.The property features 6 units with a total of 15 bedrooms and 6 bathrooms. The building SF is 5,615 and is situated on a 6,762 SF lot. Unit Mix: (1) 4Bd/1Ba, (3) 3Bd/1Ba, and (2) 1Bd/1Ba Cottages. The four larger units are in the front two-story building with the two stand-alone cottages in the rear. There is laundry onsite and a two-car garage for owner use or to rent for additional income. Utilities expenses are low- the current owner only pays for water, not gas/electricity. Seismic retrofit and SB 721 clearance have been completed by the seller. The average current rent per bedroom is $1,677.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Natural Gas

Fireplace No

Appliance Barbecue, Disposal

Exterior

Parking Features Door-Single, Garage

Community Features Gated

Total Parking Spaces 1

Building

Faces North

Story 2

Entry Level Two

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5123011022

Security Features Gated Community,Smoke Detector(s)

Financing Cash

Special Listing Condition Standard

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Listed by Keith Moret Lyon Stahl Investment Real Estate, Inc. #01802527

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716 W 30th ST Los Angeles, CA 90007