Properties

Los Angeles, CA 90007 1238 W 30th Street

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Presented By: Davis Saadian with Keller Williams Hollywood Hills;
  • MLS# 26647307
  • 02/04/2026
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  • Beds • 14
  • Baths • 1
  • SQFT • 5,295
  • Garage • 1

Home Details

We are proud to present a rare opportunity to acquire this five (5) unit, turn-key student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). The site is well situated in the pristine rare North of campus pocket, consisting of a triplex built in 1907, and a duplex built in 2015.The properties and all five (5) units have been completely updated & remodeled - featuring brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, wall-mounted flat screen televisions, and high-end finishes throughout the units. The property is fully gated and includes modern spacious units, ten (10) garaged parking spaces, and an outdoor common area with a gas barbecue and hot tub for students to enjoy. The investment features a new roof, updated copper plumbing, double pane windows, and individually metered for water, gas & electricity (the tenants pay for all utility expenses). The building is approximately 5,295 rentable SF on a 6,952 SF lot, consisting of (3) 3-bedroom + 2-bathroom units, (1) 4-bedroom + 2-bathroom unit, and (1) studio unit. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the year, with a gross income of $23,100/month. The investment is priced at a 6.7% Cap Rate & 12.5x GRM. Please email for the Executive Summary/ Financial Analysis.
Presented By: Davis Saadian with Keller Williams Hollywood Hills;

Interior Features for 1238 W 30th Street

Bedrooms

Total Bedrooms14

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths9

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Total Stories2

General for 1238 W 30th Street

AppliancesDishwasher, Disposal, Refrigerator, Trash Compactor, Dryer, Washer
Architectural StyleCraftsman
Cap Rate6.7
CityLos Angeles
CoolingDual
CountyLos Angeles
Directions1236-1238 W. 30th Street | Los Angeles, CA 90007
Full Baths
Garage Y/NYes
Gross Income277200
HOANo
HeatingCombination
LevelsMulti/Split
Living Area5295
Lot Size Square Feet6954
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income227662
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1907
ZoningLAR3

Exterior for 1238 W 30th Street

Building Area Total5295
Lot Dimensions50x137
Lot Size Acres0.1596
Lot Size Area6954
Number of Buildings2
Parking FeaturesGarage
Total Parking10

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,399,000
MLS#26647307
List Date 02/04/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Info
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The Woodlands, TX 77380
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