$9,000,000
For Sale

721 W 30th Street

Los Angeles, CA 90007
12928 sqft | 25 beds | 0.27 acres | #25504043
Listing OfficeKeller Williams Realty Downey
Browse 16 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

*The Spot is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Welcome to The Spot, an exceptional private student housing building located at 721 W 30th St., offering a prime location just a short walk from the University of Southern California (USC) campus. This meticulously cared-for property, fully occupied by USC students, sits on a spacious 11,795 sq. ft. lot with a building size of 12,928 sq. ft. The property boasts convenient access to USC Village, the Shrine Auditorium, and the bustling retail amenities along Figueroa St., ensuring tenants have everything they need within walking distance.The unit mix at The Spot includes one 4-bedroom unit, two 2-bedroom units, sixteen 1-bedroom units, and one studio unit, providing a variety of housing options tailored to student needs. Renovated in 2005, the property features modern updates and common area amenities that enhance tenant enjoyment. With 36 on-site parking spaces, the property is designed to accommodate the needs of its residents. Additionally, there is significant potential to add more dwelling units, offering an exciting opportunity for future growth. The building is owned and operated by CDI Management and is fully occupied by USC students. This is an exceptional investment opportunity for those looking to capitalize on the high demand for student housing in the heart of USC's vibrant campus community.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$9,000,000
      • MLS #25504043
      • MLS #25504043
      • Cost9000000
      • Acres0.2708
      • Square Feet12928
      • Year Built1963
      • Bedrooms25
      • Stories2

Location

Marjorie CrowReal Estate Group
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