Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

20

Building size

12,928 sqft

Lot size

11,795 sqft

Year built

1963

Stories

3

Heating

Wall Furnace

Cooling

None

Status

Active

Days on market

141

MLS #

242761506

About this property

We are proud to present 721 W 30th St, "The Spot," a rare 20-unit apartment community located just steps from the main campus of the University of Southern California in one of the most sought-after student housing markets in Los Angeles. Situated on an 11,795 square foot LAR1.5-zoned lot, the property consists of a 12,982 square foot building featuring an attractive unit mix of one (1) 4-bedroom + 2-bath unit, two (2) 2-bedroom + 2-bath units, sixteen (16) 1-bedroom + 1-bath units, and one (1) studio unit. The property offers 36 assigned parking spaces, an on-site laundry facility, and has been meticulously maintained by ownership. Residents benefit from premier walkability to the USC Village, Shrine Auditorium, and the extensive dining, retail, and entertainment amenities along Figueroa Street. Investment opportunities in this premier USC pocket are extremely limited, making "The Spot" a compelling opportunity or both investors and student housing operators alike.

Location

721 W 30th Street

Los Angeles, Los Angeles, CA, 90007