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2026 W 30th St 5 Unit Apartment Building $1,195,000 ($239,000/Unit) 4.36% Cap Rate Los Angeles, CA 90018



Investment Highlights
- Five-unit property with apartment units and detached residence.
- Convenient access to Interstate 10 and Interstate 110.
- Positioned within the Mid-Los Angeles residential market.
- Vacant three-bedroom home provides immediate leasing flexibility.
- Located near the University of Southern California.
- Multiple buildings create diversified residential income streams.
Executive Summary
2026 W 30th Street offers the opportunity to acquire a five-unit residential income property in the Mid-Los Angeles market. The asset consists of a four-unit apartment building and a separate single-family residence, creating a diverse unit mix that includes four one-bedroom apartments and a detached three-bedroom home. The three-bedroom residence is currently vacant, providing immediate leasing or owner-user flexibility.
Located near the intersection of major Los Angeles transportation corridors, the property benefits from convenient access to the Interstate 10 and Interstate 110 Freeways. The location places residents within close proximity to the University of Southern California, Downtown Los Angeles, West Los Angeles, Beverly Hills, shopping destinations, employment centers, and a broad range of cultural and entertainment amenities.
The property's existing tenancy profile reflects long-term occupancy, with current rents below projected market levels according to the listing information. This positioning provides investors with the opportunity to enhance revenue through future tenant turnover and lease adjustments. The combination of apartment units and a detached residence creates multiple income streams while appealing to a broad tenant base seeking access to central Los Angeles.
With two buildings situated on a centrally located urban parcel, the asset provides exposure to one of Southern California's largest rental housing markets. The property's accessibility, established residential setting, and proximity to major demand drivers support its long-term investment appeal.
Located near the intersection of major Los Angeles transportation corridors, the property benefits from convenient access to the Interstate 10 and Interstate 110 Freeways. The location places residents within close proximity to the University of Southern California, Downtown Los Angeles, West Los Angeles, Beverly Hills, shopping destinations, employment centers, and a broad range of cultural and entertainment amenities.
The property's existing tenancy profile reflects long-term occupancy, with current rents below projected market levels according to the listing information. This positioning provides investors with the opportunity to enhance revenue through future tenant turnover and lease adjustments. The combination of apartment units and a detached residence creates multiple income streams while appealing to a broad tenant base seeking access to central Los Angeles.
With two buildings situated on a centrally located urban parcel, the asset provides exposure to one of Southern California's largest rental housing markets. The property's accessibility, established residential setting, and proximity to major demand drivers support its long-term investment appeal.
Property Facts
| Price | $1,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $239,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 4.36% | Building Size | 4,846 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 80% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1907 |
| Property Subtype | Apartment | ||
| Zoning | LAR1 | ||
| Price | $1,195,000 |
| Price Per Unit | $239,000 |
| Sale Type | Investment |
| Cap Rate | 4.36% |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 4,846 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1907 |
| Zoning | LAR1 |
Amenities
Site Amenities
- Laundry Facilities
- Vintage Building
- Storage Space
- Individual Locking Bedrooms
- Private Bathroom
- Individual Leases Available
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,067 | - |
| 3+1 | 1 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100
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