1514 W 30Th Street

Los Angeles, CA 90007

$632,500

Sold Price
1

bed Beds

2

shower Baths

552 sqft

straighten / sqft

1922

calendar_month Built

Property Description

We are pleased to offer the opportunity to acquire this vacant student housing Single Family Residence, located in the highly desirable DPS Patrol Zone, and close proximity to the University of Southern California (USC). This 1-bedroom + 1.5-bathroom house has been completely updated & remodeled - featuring hardwood floors, stainless steel kitchen appliances, granite counter tops, AC mini-splits, double pane windows, tiled showers with glass enclosures, & an in-unit washer & dryer. The 2,850 SF lot is zoned LAR3, and has a spacious empty detached garage, excellent for an investor to convert into a 4-bedroom + 4-bathroom ADU to further increase cash-flow (about $6,000/month), generating an even higher yield/ net income. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity. In addition to its proximity to USC, the property benefits from being within close proximity to a Metro Expo Line station offering a short commute to Downtown Los Angeles and the Westside. The property is also nearby to Exposition Park, home of the world-famous LA Coliseum, the new LAFC Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics.

Listing Information

Close Price $632,500
Close Date Wednesday, September 11th, 2024
Status Closed
MLS 24418133
Type Residential
Subtype Single Family Residence
Year Built 1922
Lot Size 2,850
Structure Size 552
DOM 14
Courtesy Of Carolwood Estates
Listing Agent Davis Saadian DRE#01921748

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms 1
Total Bathroom
Bathrooms 2
Flooring Information
Material Wood
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Dual

Exterior Information

Other Structures
Structures Shed(s)
View Yes

Maps

Listing information courtesy of: Davis Saadian, Carolwood Estates . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 16th, 2024 at 10:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.