Homes for sale - 648 W 30th ST, Los Angeles, CA 90007

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Yosef Adde

yosef@adde.la +1(310) 363-7362

$ 3,895,000

Est. payment | -/mo

17 Beds

17 Baths

5,100 SqFt

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$ 3,895,000

Est. payment | -/mo

Save Virtual Tour

17 Beds

17 Baths

5,100 SqFt

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $763

MLS Listing ID 25518147

Bedrooms 17

HOA Y/N No

Year Built 1908

Lot Size 4,700 Sqft

Property Description

Premier Student Housing Investment Near USC Fully Permitted 17-Bed/17-Bath Property. This fully permitted five-unit student housing investment is located in the highly desirable DPS Patrol Zone, just a short walk from the University of Southern California (USC). Designed and constructed by one of the top student housing operators near USC, the property delivers best-in-class off-campus living with modern amenities and high-end finishes. The property spans approximately 5,100 rentable square feet on a 4,700 square foot lot and consists of two separate structures. The front building, fully updated in 2023, includes four units, each with three bedrooms and three bathrooms. The rear structure located 3004 Shrine is a newly constructed five-bedroom, five-bathroom ADU completed in 2023, offering a low-maintenance addition to the property. Both structures feature high-quality finishes, including new flooring, updated plumbing and electrical systems, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and in-unit washer and dryers. This investment is fully occupied by USC students. All units leased for the 2025-2026 academic year except the ADU (applications under review), with parental guarantees on leases providing additional security. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. With historically high occupancy rates and consistent demand for student housing in this prime location, this asset presents a low-risk, high-growth opportunity for investors.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Dryer, Washer

Exterior

Parking Features None

Pool None

Private Pool No

Building

Story 2

Entry Level Multi/Split

Architectural Style Traditional

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5123010013

Special Listing Condition Standard

Virtual Tour https://hako-foto.aryeo.com/sites/mnqakgn/unbranded

Listed by Christopher Furstenberg Nourmand & Associates-HW

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 363-7362

yosef@adde.la

Serving the South Bay Los Angeles

648 W 30th ST Los Angeles, CA 90007