Los Angeles, CA 90007,803 W 30th St

$7,250,000

Est. payment /mo
Est.Price: ?

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803 W 30th St Los Angeles, CA 90007

20 Beds

20 Baths

13,432 SqFt

SOLD DATE : 12/05/2024

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,432 sqft

Price per Sqft $521

MLS Listing ID 24-433289

Style Traditional

Bedrooms 20

Year Built 1965

Lot Size 0.251 Acres

Property Description

This exceptional two-story, 20-unit investment property is located between University Avenue and Royal Street, just steps from the USC campus. Situated within the DPS zone in North University Park, it offers unmatched convenience in a high-demand rental area. Each spacious 1-bedroom, 1-bathroom unit ranges from 600 to 700 square feet, and rents average around $2,248/mth. Many units boast hardwood and tile flooring, quartz countertops, and modern appliances, including a dishwasher, refrigerator, stove with oven, microwave, double sink with garbage disposal, ceiling fan, vertical blinds, large windows, air conditioning, and a separate bathtub/toilet area for added privacy. Walk-in closets, mirrored closet doors, and in-unit storage enhance the living experience. The property features on-site laundry facilities, outdoor patio areas, bicycle racks, secure garage storage, a manager's office with a 1/2 bathroom, and beautifully landscaped surroundings with trees, plants, ferns, shrubs, and flowers. A soft-story retrofit was completed in 2017, SB721 Inspection/ passed, a cool roof in 2019, copper plumbing in 2005, new concrete stairs in 2019, and RUBS utility billing is being implemented on 70% of the units. There is potential to add additional ADU's and an additional unit. The property offers secured parking with alley access and is a scenic five-minute walk to USC's Trousdale North Entrance via the Hoover Pedestrian Mall. It's also within walking distance of Trader Joe's, restaurants, shops and entertainment on Figueroa, University Village, and soon-to-be Rawlinson Stadium. This property is an excellent investment opportunity and a perfect long-term portfolio property.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Radiant

Cooling Wall/Window

Flooring Mixed

Equipment Range/Oven, Refrigerator, Dishwasher, Garbage Disposal, Ceiling Fan

Laundry Community, Room

Exterior

Parking Features Community Garage, Controlled Entrance, Built-In Storage, Carport, Tandem, Auto Driveway Gate

Garage Spaces 25.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Nourmand & Associates-HW
Bought with Nourmand & Associates-HW

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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