1238 W 30Th St, Los Angeles, CA

Name: 1238 W 30Th St, For Sale in Los Angeles - eXp Realty
Brand: Keller Williams Hollywood Hills
SKU: 26767465
Price: 3299000 USD

House

For Sale

Listed price in listed location currency (USD).

$3,299,000

14910

MLS® 26767465

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 5295 sqft

Garage

Taxes

Days Active 0

Lot Size

Approx. Age 1907

Avg. Price Per Sqft $623

MLS® Number 26767465

Property Address: 1238 W 30th St, LOS ANGELES, CA, 90007-3104

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present a rare opportunity to acquire a high performing, turn-key five (5) unit student housing investment located in the premier North of USC pocket, within the highly sought-after DPS Patrol Zone. Positioned just a short walk from the University of Southern California, this location consistently commands strong rental demand, premium rents, and 100% occupancy year-round. This asset is built for cash flow and stability. The property is currently 100% occupied with USC students and fully leased, generating $23, 350 per month in gross income, offering investors immediate yield from day one. With parental guarantees in place and a proven leasing track record, this investment provides a reliable and predictable income stream in one of the strongest student housing markets in Los Angeles. The property consists of a well-maintained triplex (1907) and a newer duplex (2015), totaling approximately 5, 295 rentable square feet on a 6, 952 square foot lot. The unit mix includes (3) 3-bedroom + 2-bath units, (1) 4-bedroom + 2-bath unit, and (1) studio, an ideal configuration for maximizing per-bed income and maintaining high occupancy. All units have been extensively renovated with modern, high-end finishes, including hardwood flooring, stainless steel appliances, quartz countertops, tiled showers with glass enclosures, in-unit washer and dryers, and wall-mounted flat-screen TVs. The property also features 10 garage parking spaces, a gated entry, and a shared outdoor amenity area with a barbecue and hot tub, highly attractive features for the student demographic. From an operational standpoint, the asset is extremely efficient, with tenants responsible for all utilities (water, gas, and electricity are individually metered), further enhancing net income and reducing landlord expenses. Additional capital improvements include a new roof, upgraded copper plumbing, and double-pane windows, minimizing future maintenance and capital expenditure risk.Offered at approximately a 7% cap rate and 12x GRM, this is a true plug-and-play investment combining strong in-place cash flow, minimal management intensity, and long-term upside in one of LA's most resilient and supply-constrained rental submarkets.

MLS® Number26767465

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1907

Basement

DrivewayCovered, Private, One Space

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 21, 2026List Date

$3,299,000List Price

Commute

Commute

Starting Address

Destination Address

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