Los Angeles, CA 90007 1514 W 30th Street
$649,000
Pending
5 more
Presented By: Davis Saadian with KW Advisors;
Home Details
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 walking distance to the University of Southern California (USC). This 1-bedroom + 1.5-bathroom SFR 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 walking distance 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.
Presented By: Davis Saadian with KW Advisors;
Interior Features for 1514 W 30th Street
Bedrooms
Total Bedrooms1
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories1
General for 1514 W 30th Street
Additional Parcels Y/NNo
AppliancesDisposal, Refrigerator, Dryer, Washer
Attached Garage No
Cap Rate7.5
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market1
Directions1514 W. 30th Street | Los Angeles, CA 90007
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income60000.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet2850.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income48000.0
New ConstructionNo
NumberOfUnitsTotal1
Occupancy TypeVacant
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
View Y/NNo
Waterfront Y/NNo
Year Built1922
ZoningLAR3
Exterior for 1514 W 30th Street
Building Area Total552.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions38x66
Lot Size Acres0.0654
Lot Size Area2850.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesGarage, Private
SpaNo
Total Parking2.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480