716 W 30th Street, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
716 W 30th Street,Los Angeles, CA 90007
$2,650,000
  • 15 Beds
  • 6 Baths
  • 5,615 sq. ft.
  • Multi-family
  • Active
Listed by: sean rosenzweig
Office: marcus & millichap310-909-5500
MLS#:26991397
Source:CRMLS

Price summary

  • Price:$2,650,000
  • Price per sq. ft.:$471.95

About this home

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...

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Home facts

  • Year built:1907
  • Listing ID #:26991397
  • Added:1 day(s) ago
  • Updated:September 23, 2026 at 11:16 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:6
  • Living area:5,615 sq. ft.

Structure and exterior

  • Year built:1907
  • Building area:5,615 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$2,650,000
  • Price per sq. ft.:$471.95

Parking

  • Total parking spaces:2
  • Parking description:Door-Multi, Garage
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