The Mirage - Student Housing at USC! 947 W 30th St 24 Unit Apartment Building $8,500,000 ($354,167/Unit) 6.06% Cap Rate Los Angeles, CA 90007

*The Mirage is owned and operated by CDI Management. The property is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.
Introducing The Mirage, a prime student housing investment opportunity located at 947 W 30th St., just a short walk from the University of Southern California (USC) campus. This well-maintained, 19,050 sq. ft. building sits on a 10,989 sq. ft. lot and offers a total of 24 units, consisting of three spacious 2-bedroom apartments and twenty-one 1-bedroom units. Renovated in 2005 and meticulously cared for, this building provides modern comforts with an all-electric system, eliminating the need for gas utilities. The property is serviced by an elevator, ensuring easy access to all levels, and includes a partial subterranean parking garage with space for up to 24 vehicles.
The Mirage is ideally situated in a highly sought-after location, just steps from USC, USC Village, retail amenities along Figueroa St., and the iconic Shrine Auditorium. Directly across from Rawlinson Stadium, tenants enjoy both convenience and vibrant neighborhood attractions. On-site amenities include a laundry room and common outdoor spaces for tenants to relax and socialize. This property presents an excellent opportunity for investors looking to capitalize on the thriving demand for USC student housing in a prime location. Don’t miss out on this unique chance to secure a solid income-producing asset!