Property Description
This exceptional two-story, 20-unit investment property is located between University Avenue and Royal Street, just steps from the USC campus. Situated within the DPS zone in North University Park, it offers unmatched convenience in a high-demand rental area. Each spacious 1-bedroom, 1-bathroom unit ranges from 600 to 700 square feet, and rents average around $2,248/mth. Many units boast hardwood and tile flooring, quartz countertops, and modern appliances, including a dishwasher, refrigerator, stove with oven, microwave, double sink with garbage disposal, ceiling fan, vertical blinds, large windows, air conditioning, and a separate bathtub/toilet area for added privacy. Walk-in closets, mirrored closet doors, and in-unit storage enhance the living experience. The property features on-site laundry facilities, outdoor patio areas, bicycle racks, secure garage storage, a manager’s office with a 1/2 bathroom, and beautifully landscaped surroundings with trees, plants, ferns, shrubs, and flowers. A softstory retrofit was completed in 2017, SB721 Inspection/ passed, a cool roof in 2019, copper plumbing in 2005, new concrete stairs in 2019, and RUBS utility billing is being implemented on 70% of the units. There is potential to add additional ADU’s and an additional unit. The property offers secured parking with alley access and is a scenic five-minute walk to USC’s Trousdale North Entrance via the Hoover Pedestrian Mall. It’s also within walking distance of Trader Joe’s, restaurants, shops, and entertainment on Figueroa, University Village, and soon-to-be Rawlinson Stadium. This property is an excellent investment opportunity and a perfect long-term portfolio property.
Features
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Address Map
U.S.
California
Los Angeles
Los Angeles
90007
803 W 30th Street
0
W119° 43' 9.2''
N34° 1' 36''
MLS Addon
$0
13,432 Sqft
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: No
4.99
0
South of Adams, North of Jefferson & West of Figueroa
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2
CLW-X99648

Commercial Sale For Sale Los Angeles

803 W 30th Street, Los Angeles, Los Angeles, California, 90007

10,914 Acre
Visits : 8 in 15 days
$7,250,000
Listing ID #24435371
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 24435371
Price : $7,250,000
Year Built : 1965
Lot Area : 10,914 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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