$4,500,000
For Sale

648 W 30th Street

Los Angeles, CA 90007
5100 sqft | 17 beds | #25518147
Browse 26 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Property Details
      • CoolingAir Conditioning, Central
      • Cooling FeaturesAir Conditioning, Central
      • Property SubtypeResidential Income
      • StoriesMulti Levels
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$5,149,000
      • MLS #25518147
      • MLS #25518147
      • HeatingCentral
      • Cost4500000
      • Square Feet5100
      • Year Built1908
      • ZoningLAR3
      • Price Per Sqft$882
      • Bedrooms17

Location

Eduardo Bravo | Engel & Volkers Beverly HillsReal Estate Group
OR

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