Los Angeles, CA 90007,921 W 30th St
Los Angeles, CA 90007,921 W 30th St
Los Angeles, CA 90007,921 W 30th St
12
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$2,650,000
Est. payment /mo
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10 Beds
8 Baths
4,997 SqFt
New

921 W 30th St Los Angeles, CA 90007

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,997 sqft

Price per Sqft $530

MLS Listing ID 25619647

Bedrooms 10

Lot Size 9,860 Sqft

Acres 0.2264

Property Sub-Type Multi-Family

Property Description

We are pleased to present the opportunity to acquire 921-923 W. 30th Street, a rare large-lot multi-structure student housing asset located steps away from the University of Southern California, USC Village, and the new state-of-the-art Rawlinson Stadium. Nestled in the heart of Fraternity Row within the DPS Patrol Zone, the property offers unmatched proximity to campus, world-class facilities, and student life, with a gated entry providing added privacy and security, making it one of the most desirable locations in the USC submarket. The property sits on an expansive 9,857 SF LARD1.5-zoned lot and is comprised of two well-maintained buildings: a renovated front house featuring four (4) bedrooms and three (3) bathrooms, and a rear structure built in 2013 with six (6) bedrooms and five (5) bathrooms. Both units are in excellent condition with modern finishes, updated systems, and in-unit laundry, making them highly desirable for student tenants. Given the property's lot size and layout, there is an excellent opportunity to add multiple full-size ADUs, significantly enhancing future income and overall value. A strategic investor could also explore adding additional bedrooms and bathrooms to the existing structures to further boost cash flow and rental potential. Large parcels of this scale north of campus are extremely rare, and the ability to unlock additional value through future improvements makes this an ideal long-term hold. Zoning allows for seven (7) units by right and up to ten (10) units utilizing Tier 3 TOC incentives, providing optionality for future redevelopment or more extensive expansion down the line. (buyer to verify all zoning/development information) Strategically positioned across from USC and The Village, 921-923 W. 30th Street combines rare investment potential with flexibility for growth. Its scale and zoning allow for creative options, whether adding ADUs, reconfiguring layouts to add bedrooms and baths, or planning a future redevelopment, all within the heart of USC's strongest rental demand pocket.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 10.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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921 W 30th St