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Listed by: Sean Rosenzweig (213) 943-1897 DRE #01406343 | Marcus & Millichap (310) 909-5500
$2,650,000
Monthly Est:$13,190
15 Beds
6 Baths
5,615sqft
716 W 30th Street, Los Angeles, CA 90007
$2,650,000
$13,190/moEst:
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Multi Family
Built in 1907
$-- HOA
6,762 sqft lot
$472/sq.ft
Description
We are pleased to offer for sale 716 West 30th Street, a six-unit, 15-bed premier student housing community located in North University Park, north of Jefferson Boulevard between Figueroa Street and Hoover Street.Built in 1907, the property comprises three buildings totaling 5,615 square feet on a 6,762-square-foot parcel, with two one-bedroom standalone cottages, three three-bedroom units, and one four-bedroom unit. Current ownership has invested more than $500,000 since 2016 in renovated kitchens and bathrooms, new flooring, plumbing and electrical upgrades, seismic strengthening, and exterior improvements. The existing two-car garage also offers potential for accessory dwelling unit conversion (buyer to verify). The offering delivers strong in-place yield at a 6.96% cap rate and a 9.46 gross rent multiplier on current school-year income. Its basis of $176,667 per bed and $472 per square foot sits below the average of recent comparable sales in the surrounding submarket.The property is two blocks north of USC's campus, and University Village, the university's retail and dining hub, is two blocks from the property, west along 30th Street. The address carries a Walk Score of 93.USC enrolls roughly 46,000 students, and 65% of its sophomores, juniors, and seniors live in off-campus housing, non-university-owned housing. Over 90% of graduate and family students live in off-campus housing, according to USC Housing. That pool renews every one to three school years, so demand for housing this close to campus stays deep and consistent.Jefferson/USC Station on the Metro E Line is about a third of a mile away, the 110 Freeway about a quarter mile east, and Downtown Los Angeles about two miles northeast. 716 West 30th Street offers investors an opportunity to acquire a renovated, well-maintained student housing asset in North University Park, one of USC's prime and most desirable off-campus housing locations.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 7:58 pm
- Source: California Regional MLS-CA | MLS#: 26991397
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1907
HOA Fees
-
Finished Area
5,615 sqft
Lot Size
6,762 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26991397
MLS Status
Active
Days on Market
20
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 6
Utilities & Energy
Parking Features
Door Multi, Garage
Price History
| Date | Event | Price |
|---|---|---|
08/24/2026 Source: | Price Increased | $2,650,000 +1.58% $472/sqft |
06/16/2026 Source: | Price Decreased | $2,608,888 -12.71% $465/sqft |
05/04/2026 Source: | Price Decreased | $2,988,888 -6.86% $532/sqft |
03/23/2026 Source: | Price Increased | $3,208,888 +0.28% $571/sqft |
03/10/2026 Source: | Price Increased | $3,200,000 +22.66% $570/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 12, 2026, 10:30AM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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