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1519 W 30th St
Los Angeles, CA 90007
Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • 8-unit fixer upper with two vacant units located just blocks from the University of Southern California in the USC Patrol Zone
  • There are currently two vacant units. The remaining tenants are long-term.
  • Rent is increasing 4% in February 2025 creating a 5.4% cap rate.
  • All of the units are junior 1-bedroom units with a hallway connecting a living room to a bathroom and a kitchen.
  • The lot has 8 side-by-side parking spaces. Additional upside available by charging for parking.
  • Approximately 45% upside in rental income.

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 4,800 SF
Average Occupancy 0%
No. Stories 2
Year Built 1924
Parking Ratio 1.67/1,000 SF
Zoning (Q)R3-1-O-CPIO - The lot is zoned (Q)R3-1-O-CPIO and falls under the TOC Tier 3 designation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $2,100 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5054-013-001
Land Assessment
$360,551
Improvements Assessment
$240,367
Total Assessment
$600,918
  • Listing ID: 34507185

  • Date on Market: 1/16/2025

  • Last Updated:

  • Address: 1519 W 30th St, Los Angeles, CA 90007

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