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1238 W 30th Street

Los Angeles, CA 90007
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Bed 14

Bed

Bath 9

Bath

SqFt5,295

Sqft

SqFt6,954

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,299,000

AD Id : 77638898

MLS Id : 26767465

Beds : 14

Lot Size : 6,954 Sqft

Living Area Size : 5,295

Year Built : 1907

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 14

    Bathroom Information

    Total Baths: 9

    Flooring Information

    Tile
  • Interior Features

    Appliances: Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, TrashCompactor, VentedExhaustFan, Dryer, Washer
    Laundry Features: Inside, Stacked
  • Heating & Cooling

    Has Heating: Yes Heating: Combination Has Cooling: Yes Cooling: Dual

  • Building Information

    Year Built: 1907
    Building Area Total: 5295
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50x137 Main Square Feet: 6954 Lot Size Acres: 0.1596 Lot Size Square Feet: 6,954

  • Listing Price Information

    Listing Price: $3299000

  • Tax Information

    Parcel Number: 5039001050

  • Location Information

    Direction: 1236-1238 W. 30th Street | Los Angeles, CA 90007
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2200 E 105th, Los Angeles, CA, 90007 $600,000 3 3 2,001 2,001 SqFt
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- 16 8,540 8,540 SqFt
1943 Estrella Avenue, Los Angeles, CA, 90007 $1,350,000 8 4 5,458 5,458 SqFt
1986 Norwood Street, Los Angeles, CA, 90007 $775,000 4 2 1,265 1,265 SqFt
1011 W 20th, Los Angeles, CA, 90007 $1,350,000 7 4 2,511 2,511 SqFt
2127 Portland Street, Los Angeles, CA, 90007 $1,600,000 11 11 3,715 3,715 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt
1276 W 22nd St, Los Angeles, CA, 90007 $1,290,000 -- -- --
1213 W 24th, Los Angeles, CA, 90007 $2,138,000 -- -- 3,167 3,167 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 06:20

MLS: 26767465 LISTED BY: Davis Saadian, Keller Williams Hollywood Hills 310-623-1300 SOURCE: CRMLS

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