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$3,299,000
Listing Price14beds
9baths
5,295sqft
6,952sqft lot
1238 W 30th St, Los Angeles, CA 90007
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
We are pleased to present a rare opportunity to acquire a high performing, turn-key five (5) unit student housing investment located in the premier North of USC pocket, within the highly sought-after DPS Patrol Zone. Positioned just a short walk from the University of Southern California, this location consistently commands strong rental demand, premium rents, and 100% occupancy year-round. This asset is built for cash flow and stability. The property is currently 100% occupied with USC students and fully leased, generating $23,350 per month in gross income, offering investors immediate yield from day one. With parental guarantees in place and a proven leasing track record, this investment provides a reliable and predictable income stream in one of the strongest student housing markets in Los Angeles. The property consists of a well-maintained triplex (1907) and a newer duplex (2015), totaling approximately 5,295 rentable square feet on a 6,952 square foot lot. The unit mix includes (3) 3-bedroom + 2-bath units, (1) 4-bedroom + 2-bath unit, and (1) studio, an ideal configuration for maximizing per-bed income and maintaining high occupancy. All units have been extensively renovated with modern, high-end finishes, including hardwood flooring, stainless steel appliances, quartz countertops, tiled showers with glass enclosures, in-unit washer and dryers, and wall-mounted flat-screen TVs. The property also features 10 garage parking spaces, a gated entry, and a shared outdoor amen
Interior Details
5295
14
9
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6952
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$25,598
$2,040,000
$1,290,300
--%
$3,330,300
2019
$25,598
$498,905
$625,800
--%
$1,124,705
2018
$13,722
$489,123
$613,530
--%
$1,102,653
2017
$13,380
$479,533
$601,500
--%
$1,081,033
2016
$13,035
$470,131
$589,706
--%
$1,059,837
2014
$5,159
$280,000
$120,000
--%
$400,000
2013
$1,229
$31,038
$46,572
--%
$77,610
2012
$3,998
$243,355
$60,832
--%
$304,187
Average Home Price in 90007
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles



