Renovated Five-Unit Multifamily
For Sale
$3,299,000
Pending
1238 W 30th St, Los Angeles, CA 90007
Fully leased student housing near the University of Southern California with renovated interiors, gated access, and garage parking.
Property Size5,295 SF
Lot Size0.16 Acres
Days on Market151
Property Features for 1238 W 30th St
General Information
Standard status
Pending
Size
5,295 SF
Net Rentable
5,295 SF
Total Parking Spaces
10
Lot size
0.16 Acres
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Cap Rate
7%
Gross Income
$280,200
Gross Rent Multiplier
12
Units
Unit Mix
3 x 3BR/2BA, 1 x 4BR/2BA, 1 x studio
Multifamily Units
5
Additional Details
Utilities to Site
Yes
Amenities
in-unit washer/dryer
wall-mounted flat-screen TV
gated entry
barbecue
hot tub
Building Details
Building Size
5,295 SF
Year Built
1907
Buildings
2
Tenancy
Multi
Listing Agency:
Keller Williams Hollywood Hills
Listed By:
Davis Saadian · License #01921748
(310) 402-8958
Source:
Rochellemaize
Added: Apr 21
Changed: Sep 10
Last Checked: Sep 16 at 10:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Hollywood Hills
Investment Insights
Based on property information with market context.
This five-unit multifamily property combines a 1907 triplex with a 2015 duplex, totaling approximately 5,295 rentable square feet on a 6,952 square foot lot. The unit mix includes three 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one studio. All residences have been renovated with hardwood floors, stainless steel appliances, quartz countertops, tiled showers with glass enclosures, in-unit washers and dryers, and wall-mounted flat-screen TVs.
The property is located at 1238 W 30th St in Los Angeles, within walking distance of the University of Southern California. It is fully occupied by USC students and includes 10 garage parking spaces, gated entry, and a shared outdoor area with a barbecue and hot tub. Individual metering places water, gas, and electricity responsibility with tenants. Additional improvements include a new roof, upgraded copper plumbing, and double-pane windows. The offering is reported at approximately a 7% cap rate and 12x GRM.
The property is located at 1238 W 30th St in Los Angeles, within walking distance of the University of Southern California. It is fully occupied by USC students and includes 10 garage parking spaces, gated entry, and a shared outdoor area with a barbecue and hot tub. Individual metering places water, gas, and electricity responsibility with tenants. Additional improvements include a new roof, upgraded copper plumbing, and double-pane windows. The offering is reported at approximately a 7% cap rate and 12x GRM.
Key Highlights
- Five‑unit property with approximately 5,295 rentable SF on a 6,952 square foot lot
- Unit mix includes three 3‑bedroom, 2‑bath units, one 4‑bedroom, 2‑bath unit, and one studio
- 1907 triplex paired with a 2015 duplex
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,293
Businesses Nearby
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Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully leased student housing near the University of Southern California with renovated interiors, gated access, and garage parking.
Where is this multifamily property located?
The property is located at 1238 W 30th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,299,000.
What are key features of this property?
This property features: Five‑unit property with approximately 5,295 rentable SF on a 6,952 square foot lot; Unit mix includes three 3‑bedroom, 2‑bath units, one 4‑bedroom, 2‑bath unit, and one studio; 1907 triplex paired with a 2015 duplex
