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… Read More 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! Read Less
Listing Snapshot
Days Online
125
Last Updated
Property Type
Other
Square Ft.
5,615
Lot Size
0.16 Acres
Year Built
1907
MLS Number
25518089
30 Days Snapshot Of 90007
$1.08M
+72%
(avg) sold price
1
0%
home sold
35
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1907, Building area total: 5,615, 3 buildings
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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