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1387 W 30Th St, Los Angeles, CA 90007
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1387 W 30Th St Los Angeles, CA 90007

$1,380,000
  • 7 Beds
  • 7 Baths
  • 2,052 Sq.Ft.
For Sale
$1,380,000 Get Pre-Qualified
Map preview of 1387 W 30Th St, Los Angeles, CA 90007

Property Overview: 1387 W 30Th St Los Angeles, CA has 7 bedrooms, 7 bathrooms, 2,052 living square feet and 6,077 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: PRICE IMPROVEMENT. "Exceptional Owner user and or an investment opportunity! This triplex, strategically located near USC University, offers a prime income property with R-2 zoning and Tier 2 TOC designation. Ideal for developers or savvy investors looking to capitalize on the thriving USC community. The triplex comprises one spacious 2-bed/2-bath unit and two comfortable 1-bed/1-bath units, situated on a generous 6,074 square feet lot. Perfectly located for USC students and staff, it ensures a steady stream of rental income. Commuting is a breeze with convenient access to public transportation and local freeways within minutes of iconic landmarks such as Los Angeles Coliseum, Crypto.com Arena, Banc of California Stadium, DTLA, LA Live, Hollywood, and Koreatown, this is more than just an investment it's a lifestyle opportunity. Don't miss out on this must-see property poised for further appreciation. Call now for more details and to seize this prime investment in one of Los Angeles' most sought-after locations!" A MUST SEE

Listed by Walter Castillo | BRE #01141632 | Coldwell Banker Realty
Last checked: 3 minutes ago | Last updated: March 6th, 2024 | Source CRMLS | DOM: 150
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Home details

Lot Sq. Ft
6,077
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23334751
City
Los Angeles
County
Los Angeles
Time on Site
163 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $658
  • Total Rent: $658
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $846
  • Total Rent: $846
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $44,068
  • Gross Operating Income: $51,657
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1387 W 30Th St

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Property Details for 1387 W 30Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Tile
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • No
  • Parking Features: None
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5054036017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Vermont / North of Jefferson
View more facts & features

Local Los Angeles Agent

Sale History for 1387 W 30Th St

Last sold for $262,000 on June 6th, 2012

  • November, 2023

  • Nov 28, 2023

    Date

    Active

    CRMLS: 23334751

    $1,560,000

    Price

  • November, 2023

  • Nov 24, 2023

    Date

    Expired

    CRMLS: 23276473

    $1,560,000

    Price

  • Jun 2, 2023

    Date

    Active

    CRMLS: 23276473

    $1,560,000

    Price

  • Listing provided courtesy of CRMLS

    This property is situated in an outstanding location, just minutes away from USC University. It is an ideal spot for USC students or staff members seeking nearby housing options. The proximity to the university makes it a prime location offering great convenience and accessibility. This property is an excellent investment opportunity for developers or owners seeking a suitable investment. It provides the potential for expansion while simultaneously generating rental income. The surrounding area has experienced consistent growth over the past decade and continues to thrive. The neighborhood presents a promising investment opportunity with several multi-million dollar projects currently in progress. The property sits on a spacious 6,074 square feet lot, offering plenty of room for potential expansion, redevelopment, or outdoor amenities. The property is classified under R-2 zoning, allowing for residential use with possible development or redevelopment. Additionally, being in Tier 2 TOC (Transit Oriented Communities) provides potential benefits and incentives for developers or owners. MUST SEE..

  • May, 2023

  • May 24, 2023

    Date

    Expired

    CRMLS: 23235015

    $1,560,000

    Price

  • Jan 23, 2023

    Date

    Active

    CRMLS: 23235015

    $1,560,000

    Price

  • Listing provided courtesy of CRMLS

    Exceptional location, within minutes to USC University...R-2 Zoning, Tier 2 TOC. ( Key location for USC Students or Staff ). Attention developers or owners are looking for the right investment opportunity to expand or keep while collecting rents! Triplex consists of One 2B/1B, Two 1B /1B, and a 6,074 Square feet lot. The area has been consistently growing for the last ten years and still going strong. Currently, there are several multi Million dollars projects in place. Very convenient to Public transportation and local freeways, centrally located within minutes, to Crypto.com Arena, New Banc of California Stadium, DTLA, LA Live, Hollywood, and Koreatown. A MUST-SEE PROPERTY. CALL FOR DETAILS

  • January, 2023

  • Jan 22, 2023

    Date

    Expired

    CRMLS: 22182759

    $1,560,000

    Price

  • Jul 26, 2022

    Date

    Active

    CRMLS: 22182759

    $1,560,000

    Price

  • Listing provided courtesy of CRMLS

    Exceptional location, within minutes to USC University...R-2 Zoning, Tier 2 TOC. ( Key location for USC Students or Staff ). Attention developers or owners are looking for the right investment opportunity to expand or keep while collecting rents! Triplex consists of One 2B/1B, Two 1B /1B, and a 6,074 Square feet lot. The area has been consistently growing for the last ten years and still going strong. Currently, there are several multi Million dollars projects in place. Very convenient to Public transportation and local freeways, centrally located within minutes, to Crypto.com Arena, New Banc of California Stadium, DTLA, LA Live, Hollywood, and Koreatown. A MUST-SEE PROPERTY. CALL FOR DETAILS

  • August, 2021

  • Aug 15, 2021

    Date

    Expired

    CRMLS: 21733426

    $1,560,000

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: 21733426

    $1,560,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! LOCATION! Within blocks to USC ( Exceptional and conveniently located to USC Students or Staffs ), this 1920's triplex consists of one 2B/1B and two 1B/1B and is surrounded by multi-million dollar developments in the area. Zoned R2, 6,074 square feet lot with Tier 2 TOC, there is unlimited potential to owner-users or savvy developers. The seller will consider all reasonable offers. MUST SEE TO APPRECIATE ITS POTENTIAL. Centrally located within minutes to DTLA, LA Live, Koreatown, Hollywood, public transportation, and local freeways.

  • May, 2021

  • May 17, 2021

    Date

    Expired

    CRMLS: 21694002

    $1,560,000

    Price

  • Feb 17, 2021

    Date

    Active

    CRMLS: 21694002

    $1,560,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OPPORTUNITY...LOCATION! LOCATION! LOCATION! Within distance to USC, this 1920's triplex consists of one 2B/1B and two 1B/1B and is surrounded by multi-million dollars developments in the area. Zoned R2, 6,074 square feet lot with Tier 2 TOC, there is unlimited potential to owner-users or savvy developers. The seller will consider all reasonable offers. MUST SEE TO APPRECIATE ITS POTENTIAL. Centrally located within minutes to DTLA, LA Live, Koreatown, Hollywood, public transportation, and local freeways.

  • June, 2012

  • Jun 6, 2012

    Date

    Sold (Public Records)

    Public Records

    $262,000

    Price

  • December, 2010

  • Dec 13, 2010

    Date

    Sold (Public Records)

    Public Records

    $222,190

    Price

Show More

Tax History for 1387 W 30Th St

Assessed Value (2020): $300,902
Year Land Value Improved Value Assessed Value
2020 $229,698 $71,204 $300,902

Home Value Compared to the Market

This property vs the competition

1387 W 30Th St is listed 10.49% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $672.51 per/sqft which puts the price per square foot 13.11% lower than the median price per square foot for the city of Los Angeles.

About 1387 W 30Th St

Detailed summary of property

1387 W 30Th St is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 7 bedrooms, 7 bathrooms, roughly 2,052 living square feet, and sits on an approximately 6,077 square foot lot. 1387 W 30Th St was first listed on ArdentRealEstateGroup.com on November 28, 2023. The homeowner is currently asking $1,380,000 and was originally asking $1,560,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10.49% higher than the median priced home. Local competing homes currently for sale include 2220 Raymond Ave, 1163 W 38th St and 1766 W 25th St. While the average home in Los Angeles, CA is selling in 93 days, 1387 W 30Th St has a days on market of 150 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1387 W 30Th St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1387 W 30Th St

Public county record property details
Beds
4
Baths
3
Year built
1905
Sq. Ft.
2,052
Lot Size
6,074
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
102
APN
5054-036-017

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
11
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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