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Welcome to 716-718 West 30th Street, a newly renovated six-unit apartment building located just two blocks north of the USC campus in the vibrant heart of Los Angeles. This property has consistently maintained 100% occupancy, even during COVID-19, making it a reliable investment. Spanning 5,615 sq. ft. of rentable space, it includes four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit is designed with modern living in mind, offering both comfort and convenience. Its prime location near USC ensures easy access for students while also representing an excellent investment opportunity. The apartments feature high ceilings and private rooms, most of which can comfortably accommodate queen or full-sized beds and desks, along with walk-in closets for generous storage. Each unit is equipped with individual heating and A/C systems for year-round comfort. Spacious bathrooms provide ample storage, while the large kitchens are equipped with new appliances, ample counter space, large pantries, and central islands ideal for meal preparation or socializing. Expansive living rooms can accommodate large sofas, entertainment setups, and more, offering a welcoming atmosphere. The units are remodeled with a contemporary aesthetic, showcasing designer cabinetry, quartz countertops, and durable vinyl plank flooring. Privacy is a priority, with two entrances per apartment and no shared hallways. Enhanced security features, such as surveillance cameras, provide peace of mind, and the building is within USC's Department of Public Safety (DPS) zone, with additional security services from CSC. Outside, residents can enjoy a private courtyard patio with a gas barbecue perfect for social gatherings. The location is further enhanced by its proximity to University Village, The Row, and USC's free Lyft service. With a strong sense of community and a range of thoughtful amenities, this property offers premier student housing and is a sought-after investment in USC's thriving rental market. Investors can expect solid returns from a property with current, stable cash flow, long-term growth potential, and added value opportunities. This is a rare opportunity in a highly desirable neighborhood. Don't miss out on this exceptional investment!
Property Type(s):
Residential Income
| Last Updated | 3/31/2025 | Year Built | 1907 |
|---|---|---|---|
| Community | Downtown L.A. | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Barbecue, Disposal, Dryer, Refrigerator, Washer |
|---|---|
| AREA | Downtown L.A. |
| GARAGE | Door-Multi, Garage, Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 6762 sq ft |
| PARKING | Door-Multi,Garage |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| ZONING | LAR3 |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, 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 CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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