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Five-Unit Student Housing Property
For Sale
Under Contract
$3,299,000

1238 W 30th St, Los Angeles, CA 90007

Residential Income, Los Angeles, CA

Property Size5,295 SF
Lot Size0.16 Acres
Price / SF$623.04
Days on Market146

Property Features for 1238 W 30th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 14
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 6, Bedroom 4, Bedroom 14, Bedroom 6, Bathroom 5, Bathroom 9, Bathroom 7, Bathroom 8, Bedroom 11, Bedroom 3, Bathroom 3, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 13, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 7, Bedroom 9, Bedroom 10, Bedroom 12, Bedroom 5
Parking 10
Parking features Covered, Garage
Directions 1236-1238 W. 30th Street | Los Angeles, CA 90007
Subdivision Mid Los Angeles
Standard status Active Under Contract
APN 5039-001-050
Size 5,295 SF
Lot size 0.16 Acres

Amenities

in-unit washer and dryers
gated entry
barbecue
hot tub
wall-mounted flat-screen TVs

Building Details

Year built 1907
Floors in Building 2
Number of units 5
Flooring type Vinyl, Tile
Listing Agency: Keller Williams Hollywood Hills · Keller Williams Realty
Listed By: Davis Saadian · License #01921748
Added: Apr 21 Changed: Sep 12 Last Checked: Sep 13 at 10:06AM
MLS# 26767465

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit apartment property includes a 1907 triplex and a 2015 duplex, totaling approximately 5,295 rentable square feet on a 6,952-square-foot lot. The configuration comprises three 3-bedroom, 2-bath units, one 4-bedroom, 2-bath unit, and one studio. Interior improvements include hardwood flooring, stainless steel appliances, quartz countertops, tiled showers with glass enclosures, in-unit washers and dryers, and wall-mounted flat-screen TVs. Additional improvements include a new roof, upgraded copper plumbing, and double-pane windows. The property has 10 garage parking spaces, gated entry, and a shared outdoor area with a barbecue and hot tub.

Located at 1238 W 30th St in Los Angeles, the property is within a short walk of the University of Southern California and sits in the North of USC area and DPS Patrol Zone. The property is 100% occupied by USC students, with parental guarantees in place. Tenants are responsible for water, gas, and electricity, which are individually metered. Zoning is LAR3, with approximately a 7% cap rate and 12x GRM.

Key Highlights

  • Five (5) units totaling approximately 5,295 rentable square feet on a 6,952 square foot lot
  • Unit mix includes (3) 3‑bedroom + 2‑bath units, (1) 4‑bedroom + 2‑bath unit, and (1) studio
  • 1907 triplex paired with a newer 2015 duplex

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service Accounting Firm Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,293
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated residences feature in-unit laundry, garage parking, controlled access, and a shared outdoor amenity area.
Where is this apartment building 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 (5) units totaling approximately 5,295 rentable square feet on a 6,952 square foot lot; Unit mix includes (3) 3‑bedroom + 2‑bath units, (1) 4‑bedroom + 2‑bath unit, and (1) studio; 1907 triplex paired with a newer 2015 duplex
More about this property
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