1321 W 30th Street, Los Angeles, CA 90007

Description

Rare USC-adjacent student housing investment features three separate residences with a combined 15 bedrooms and 13 bathrooms. Historically 100% occupied by undergraduate and graduate students, the property benefits from consistent demand for quality off-campus housing near the University of Southern California. The property's three-structure configuration offers a distinct advantage for groups of students or friends seeking to live together while maintaining separate households, providing greater flexibility, privacy, and autonomy than a single shared building. This layout allows each group to occupy a smaller, self-contained pod of roommates rather than sharing common spaces with strangers. Separate structures simplify lease turnover between groups, and give each household its own sense of independence, making the property resilient to a variety of leasing scenarios. The two original homes were rehabbed down to the studs in 2020, with major updates to plumbing, electrical, flooring, overall layout, and finishes, while the two-story ADU was newly built and completed in 2022. The property was thoughtfully configured for student living, offering spacious private bedrooms, most with ensuite bathrooms, modern interiors, central heating and air conditioning, gated entry, exterior surveillance cameras, and on-site parking. Individually metered electricity, app-based laundry income in larger homes, minimal landscaping, and a low-maintenance physical profile support efficient operations and immediate cash-flow potential. The property has been independently managed by the owner, offering new ownership the opportunity to continue a hands-on model or further professionalize operations. Close enough for students to walk, bike, or scooter to campus yet set away from the busiest corridors, the location balances convenience with residential comfort. Situated within the desired USC DPS patrol zone, the property meets the often non-negotiable requirement for both local and international students.