Los Angeles, CA 90007,1514 W 30th ST
Los Angeles, CA 90007,1514 W 30th ST
Los Angeles, CA 90007,1514 W 30th ST
$635,000
Est. payment /mo
$649,000
2.2%
Est.Price: ?

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1 Bed
2 Baths
552 SqFt
SOLD DATE : 10/31/2024

Key Details

Sold Price $635,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 552 sqft

Price per Sqft $1,150

MLS Listing ID 24434435

Sold Date 10/31/24

Bedrooms 1

HOA Y/N No

Year Built 1922

Lot Size 2,848 Sqft

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 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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Fireplace No

Appliance Disposal, Refrigerator, Dryer, Washer

Exterior

Garage Garage, Private

Parking Type Garage, Private

Total Parking Spaces 2

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5040022016

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Davis Saadian • KW Advisors
Bought with Raj Shah • Pioneer Realty & Investments

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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