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716 W 30th Street

Los Angeles, CA 90007
Mark as Favorite
Bed 15

Bed

Bath 6

Bath

SqFt5,615

Sqft

SqFt6,762

Sqft(Lot)

We are pleased to offer for sale 716 West 30th Street, a six-unit, 15-bed premier student housing community located in North University Park, north of Jefferson Boulevard between Figueroa Street and Hoover Street.Built in 1907, the property comprises three buildings totaling 5,615 square feet on a 6,762-square-foot parcel, with two one-bedroom standalone cottages, three three-bedroom units, and one four-bedroom unit. Current ownership has invested more than $500,000 since 2016 in renovated kitchens and bathrooms, new flooring, plumbing and electrical upgrades, seismic strengthening, and exterior improvements. The existing two-car garage also offers potential for accessory dwelling unit conversion (buyer to verify). The offering delivers strong in-place yield at a 6.96% cap rate and a 9.46 gross rent multiplier on current school-year income. Its basis of $176,667 per bed and $472 per square foot sits below the average of recent comparable sales in the surrounding submarket.The property is two blocks north of USC's campus, and University Village, the university's retail and dining hub, is two blocks from the property, west along 30th Street. The address carries a Walk Score of 93.USC enrolls roughly 46,000 students, and 65% of its sophomores, juniors, and seniors live in off-campus housing, non-university-owned housing. Over 90% of graduate and family students live in off-campus housing, according to USC Housing. That pool renews every one to three school years, so demand for housing this close to campus stays deep and consistent.Jefferson/USC Station on the Metro E Line is about a third of a mile away, the 110 Freeway about a quarter mile east, and Downtown Los Angeles about two miles northeast. 716 West 30th Street offers investors an opportunity to acquire a renovated, well-maintained student housing asset in North University Park, one of USC's prime and most desirable off-campus housing locations.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,650,000

AD Id : 91422424

MLS Id : 26991397

Beds : 15

Lot Size : 6,762 Sq. Ft

Living Area Size : 5,615 Sq. Ft

Year Built : 1907

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 15

    Bathroom Information

    Total Baths: 6

  • Building Information

    Year Built: 1907
    Building Area Total: 5615
    Private Pool: No

  • Lot Information

    Main Square Feet: 6762 Lot Size Acres: 0.1552 Lot Size Source: Assessor Lot Size Square Feet: 6,762

  • Listing Price Information

    Listing Price: $2650000

  • Tax Information

    Parcel Number: 5123011022

  • Location Information

    Direction: Located in North University Park, north of Jefferson Boulevard between Figueroa Street and Hoover Street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- 16 8,540 12,295 Sq. Ft
1943 Estrella Avenue, Los Angeles, CA, 90007 $1,250,000 8 4 5,458 0.14 Acre
920 W 20th Street, Los Angeles, CA, 90007 $1,095,000 7 5 3,946 6,377 Sq. Ft
1011 W 20th, Los Angeles, CA, 90007 $1,350,000 7 4 2,511 5,916 Sq. Ft
1030 W 20th Street, Los Angeles, CA, 90007 $975,000 5 2 2,001 5,930 Sq. Ft
1030 W 20th Street, Los Angeles, CA, 90007 $975,000 5 2 2,001 5,930 Sq. Ft
2127 Portland Street, Los Angeles, CA, 90007 $1,600,000 11 11 3,715 6,152 Sq. Ft
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 6,065 Sq. Ft
1125 W 22nd Street, Los Angeles, CA, 90007 $800,000 3 2 1,872 5,500 Sq. Ft
721 W 30th Street, Los Angeles, CA, 90007 $6,950,000 25 23 12,928 11,795 Sq. Ft

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 10/10/2026 @ 07:08

MLS: 26991397 LISTED BY: Sean Rosenzweig, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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