1238 W 30th St, Los Angeles, CA 90007
1238 W 30th St, Los Angeles, CA 90007
1238 W 30th St, Los Angeles, CA 90007
21
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$3,299,000
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14 Beds
9 Baths
5,295 SqFt
New

1238 W 30th St Los Angeles, CA 90007

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Chance Vanek

Chance Vanek

+1(702) 305-3777

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,295 sqft

Price per Sqft $623

MLS Listing ID 26767465

Bedrooms 14

Year Built 1907

Lot Size 6,954 Sqft

Acres 0.1596

Property Sub-Type Multi-Family

Property Description

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 amenity area with a barbecue and hot tub, highly attractive features for the student demographic. From an operational standpoint, the asset is extremely efficient, with tenants responsible for all utilities (water, gas, and electricity are individually metered), further enhancing net income and reducing landlord expenses. Additional capital improvements include a new roof, upgraded copper plumbing, and double-pane windows, minimizing future maintenance and capital expenditure risk.Offered at approximately a 7% cap rate and 12x GRM, this is a true plug-and-play investment combining strong in-place cash flow, minimal management intensity, and long-term upside in one of LA's most resilient and supply-constrained rental submarkets.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Combination, Other

Cooling Dual, Other

Flooring Vinyl Plank, Tile

Equipment Range/Oven, Recirculated Exhaust Fan, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Trash Compactor, Freezer, Garbage Disposal, Microwave, Other, Dryer, Dishwasher, Hood Fan, Barbeque

Laundry In Unit, Inside

Exterior

Parking Features Garage - 4+ Car, Private Garage, Private, Parking Space, Covered Parking

Garage Spaces 10.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

NEARBY SCHOOL & BUSINESS

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Chance Vanek

Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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1238 W 30th St