Property listed by Lyon Stahl Investment Real Estate, Inc., Keith Moret 310-425-9838
$3,208,888
716 West 30th Street presents an exceptional opportunity to acquire a turnkey USC student-housing asset with 15 bedrooms and 6 bathrooms located north of USC campus by two blocks, around the corner from The Row (sororities and fraternities), and one block north of the Shrine Auditorium. USC Village is three… Read More blocks away. The Walking Score is 93, a Walker's Paradise, and the Biker's Score is 100, a Biker's Paradise. The property is located within USC's Department of Public Safety (DPS) zone. The property is newly renovated with a completely modern interior design and is professionally managed.The property features 6 units with a total of 15 bedrooms and 6 bathrooms. The building SF is 5,615 and is situated on a 6,762 SF lot. Unit Mix: (1) 4Bd/1Ba, (3) 3Bd/1Ba, and (2) 1Bd/1Ba Cottages. The four larger units are in the front two-story building with the two stand-alone cottages in the rear. There is laundry onsite and a two-car garage for owner use or to rent for additional income. Utilities expenses are low- the current owner only pays for water, not gas/electricity. Seismic retrofit and SB 721 clearance have been completed by the seller. The average current rent per bedroom is $1,677. Read Less
Listing Snapshot
Days Online
13
Last Updated
Beds
15
Square Ft.
5,615
Lot Size
0.16 Acres
Year Built
1907
MLS Number
26663077
Additional Details
Appliances & Equipment
Barbecue, Disposal
Building
Built in 1907, Living area: 5615.0, 3 buildings, Building faces North, 2 stories, Levels: Two
Community
Gated
Heating
NaturalGas
Income
Gross Income: $303,600, Net Operating Income: $195,596
Interior Features
CeilingFans
Lot
0.1553 acres
Parking
1 total parking spaces, DoorSingle, Garage
Security Features
GatedCommunity, SmokeDetectors
Taxes
Parcel Number: 5123011022, Zoning: LAR3
Utilities
6 separate electric meters, 6 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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