29 days on rocket

716 W 30th St, Los Angeles, CA, 90007

$3,695,000

15 Bedrooms
6 Baths
5,615 SqFt
$658/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage
Garage2 spaces
Year Built1907
HeatingWall Furnace
ViewCity Lights
MLS #24454007
Lot Size0.16 Acres
StatusActive

About 716 W 30th St

Welcome to 716-718 West 30th Street, a newly remodeled, six-unit apartment building 2 blocks north of campus, ideally situated just steps from USC in the heart of Los Angeles. Historically 100% rented, including throughout COVID. This prime student housing property spans 5,615 sq. ft. of rentable space, divided between four units in the main building and two standalone cottages. With a total of 15 bedrooms and 6 bathrooms, each unit has been thoughtfully designed for modern living, offering both comfort and convenience. Its proximity to USC ensures easy access for students while also presenting an attractive investment opportunity. Each apartment features high ceilings, private single rooms, most comfortably accommodating queen or full-size beds and desks, along with walk-in closets for ample storage. Every unit is equipped with individual heating and A/C systems for year-round comfort. The spacious bathrooms provide ample storage for essentials, while the large kitchens boast new appliances, generous counter space, large pantries and a central island perfect for meal prep or social gatherings. Expansive living rooms offer space for large sofas, entertainment setups, and more, ensuring a welcoming and comfortable environment. Remodeled with a modern aesthetic, these units feature designer cabinetry, quartz countertops, and durable vinyl plank flooring. Privacy is a top priority, with two entrances per apartment and no shared hallways. Enhanced security measures, including surveillance cameras throughout the property, provide peace of mind, and the building is located within USC's Department of Public Safety zone (DPS) with additional security services by CSC, offering added protection. Outside, residents can enjoy a private courtyard patio complete with a gas barbecue ideal for socializing. The location is further enriched by proximity to University Village, The Row, and USC's free Lyft service. With a strong sense of community among tenants and a host of thoughtful amenities, this property is both a premier housing option for students and also a prime investment in USC's robust rental market. Investors can expect solid returns from this highly sought-after property. Perfect for investors seeking a property with a combination of current, stable cash flow, long-term growth, as well as value add potential. This is a rare find in a highly desirable neighborhood. Don't miss out on this incredible opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Stories: 2
  • Living Area: 5,615 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 454-1111
  • Listing Agent: Tatiana Weiss

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 15

Exterior Features

Exterior Information:

  • View: City Lights

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: In University Park 2 blocks North of USC between Figueroa and Hoover.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,695,000
  • Price Per SqFt: $658/SqFt

Tax Information:

  • Annual Amount: $1,782
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

716 W 30th St vs Los Angeles

29 DAYS ON ROCKET

-9 Days

$3,695,000

+$2.6M More

$658/SqFt

+$17 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $17/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24454007

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 454-1111
  • Listing Agent: Tatiana Weiss

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,782$57,683
2020$1,756$55,756
2019$1,659$54,664
2018$1,600$53,593
2017$1,600$52,543

History based on county public records data.

Payment Calculator

$18.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-837544
5
/10
  • Dr. Theodore T. Alexander Jr. Science Center

  • 3737 S Figueroa St

  • 0.63 miles

  • Public Charter Grades KG-5

school-card-donut-837545
5
/10
  • Norwood Street Elementary School

  • 2020 Oak St

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-837546
3
/10
  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.75 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,167. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 716 W 30th St

What is the listing price of this property?

The listing price of 716 W 30th St property is $3,695,000.

What type of property is this?

The property 716 W 30th St is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 716 W 30th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,782 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 716 W 30th St has 15 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 716 W 30th St is 5,615 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 716 W 30th St is 1907.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90007716 W 30th St

This home is located at 716 W 30th St in Los Angeles, CA and zip code 90007 in the University Park neighborhood. This 5,615 square foot home, which was built in 1907, sits on a 0.16 acre lot. Features: 15 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $3,695,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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