1514 W 30th St, Los Angeles, CA 90007
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1514 W 30th St Los Angeles, CA 90007

$649,000
  • 1 Beds
  • 1 Baths
  • 552 Sq.Ft.
Pending
$649,000 Get Pre-Qualified

Map preview of 1514 W 30th St, Los Angeles, CA 90007

Property Overview: 1514 W 30th St Los Angeles, CA has 1 bedrooms, 1 bathrooms, 552 living square feet and 2,850 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: We are pleased to offer the opportunity to acquire this vacant student housing Single Family Residence, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This 1-bedroom + 1.5-bathroom SFR has been completely updated & remodeled - featuring hardwood floors, stainless steel kitchen appliances, granite counter tops, AC mini-splits, double pane windows, tiled showers with glass enclosures, & an in-unit washer & dryer. The 2,850 SF lot is zoned LAR3, and has a spacious empty detached garage, excellent for an investor to convert into a 4-bedroom + 4-bathroom ADU to further increase cash-flow (about $6,000/month), generating an even higher yield/ net income. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity. In addition to its proximity to USC, the property benefits from being walking distance to a Metro Expo Line station offering a short commute to Downtown Los Angeles and the Westside. The property is also nearby to Exposition Park, home of the world-famous LA Coliseum, the new LAFC Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics.

Listed by Davis Saadian | BRE #01921748 | KW Advisors
Last checked: 12 minutes ago | Last updated: September 3rd, 2024 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
2,850
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
24434435
City
Los Angeles
County
Los Angeles
Time on Site
5 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.5%
  • Gross Rent Multiplier: 5.4
  • Gross Scheduled Income: --
  • Net Operating Income: $48,000
  • Gross Operating Income: $60,000
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1514 W 30th St

No upcoming open houses

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Property Details for 1514 W 30th St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Private
Property Information
  • Total # of Units: 1
  • Parcel Number: 5040022016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 1514 W. 30th Street | Los Angeles, CA 90007
View more facts & features

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Sale History for 1514 W 30th St

Last sold for $460,000 on September 17th, 2019
  • September, 2024

  • Sep 3, 2024

    Date

    Pending

    CRMLS: 24434435

    $649,000

    Price

  • Sep 2, 2024

    Date

    Active

    CRMLS: 24434435

    $649,000

    Price

  • August, 2024

  • Aug 26, 2024

    Date

    Canceled

    CRMLS: 24418133

    $649,000

    Price

  • Jul 22, 2024

    Date

    Active

    CRMLS: 24418133

    $649,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer the opportunity to acquire this vacant student housing Single Family Residence, located in the highly desirable DPS Patrol Zone, and close proximity to the University of Southern California (USC). This 1-bedroom + 1.5-bathroom house has been completely updated & remodeled - featuring hardwood floors, stainless steel kitchen appliances, granite counter tops, AC mini-splits, double pane windows, tiled showers with glass enclosures, & an in-unit washer & dryer. The 2,850 SF lot is zoned LAR3, and has a spacious empty detached garage, excellent for an investor to convert into a 4-bedroom + 4-bathroom ADU to further increase cash-flow (about $6,000/month), generating an even higher yield/ net income. Landlord expenses are significantly minimal as the tenants pay for all water, trash, gas & electricity. In addition to its proximity to USC, the property benefits from being within close proximity to a Metro Expo Line station offering a short commute to Downtown Los Angeles and the Westside. The property is also nearby to Exposition Park, home of the world-famous LA Coliseum, the new LAFC Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics.

  • April, 2024

  • Apr 12, 2024

    Date

    Canceled

    CRMLS: WS24026297

    $649,900

    Price

  • Feb 6, 2024

    Date

    Active

    CRMLS: WS24026297

    $669,900

    Price

  • Listing provided courtesy of CRMLS

    Price Just Reduce!!! A must see!!! Great opportunity to own a great home in the emerging Adams-Normandie neighborhood with walking distance to USC. This beautiful, open floor plan, and remodeled home counts with 1 Bedroom and 1.5 Baths, wood floors, kitchen with granite counter tops, AC mini-splits, double pane windows, a finished detached garage with upgraded 220V ready for an EV Charge Station with potential to turn it into an ADU, laundry area, a nice backyard area with RV Utility hookups(220V), an spacious wood shed completely finished that could be use as an office space, CCTV surveillance system, and much more. Ideally located just a few blocks away from USC makes this home perfect for faculty, student housing, or anyone looking for a great starting home or Investment opportunity. A short drive to Exposition Park, Natural History Museum, Science Center, LA Live, Crypto.com Arena, LAFC Stadium, LA Coliseum and downtown. Property/neighborhood is part of USC-DPS Patrol & Response zone. Great upside to develop as well.

  • January, 2024

  • Jan 3, 2024

    Date

    Expired

    CRMLS: WS23219886

    $690,000

    Price

  • Dec 2, 2023

    Date

    Active

    CRMLS: WS23219886

    $690,000

    Price

  • Listing provided courtesy of CRMLS

    Price Reduction! Great opportunity to own a great home in the emerging Adams-Normandie neighborhood with walking distance to USC. This beautiful, open floor plan, and remodeled home counts with 1 Bedroom and 1.5 Baths, wood floors, kitchen with granite counter tops, AC mini-splits, double pane windows, a detached garage with upgraded 220V ready for an EV Charge Station, laundry area, a nice backyard area with RV Utility hookups(220V), an spacious wood shed completely finished that could be use as an office space, CCTV surveillance system, and much more. Ideally located just a few blocks away from USC makes this home perfect for faculty, student housing, or anyone looking for a great starting home or Investment opportunity. A short drive to Exposition Park, Natural History Museum, Science Center, LA Live, Crypto.com Arena, LAFC Stadium, LA Coliseum and downtown. Property/neighborhood is part of USC-DPS Patrol & Response zone. Great upside to develop as well. A must see! Call to schedule a showing.

  • October, 2023

  • Oct 26, 2023

    Date

    Expired

    CRMLS: WS23113145

    $690,000

    Price

  • Jun 26, 2023

    Date

    Active

    CRMLS: WS23113145

    $724,990

    Price

  • Listing provided courtesy of CRMLS

    Price Reduction! Great opportunity to own a great home in the emerging Adams-Normandie neighborhood with walking distance to USC. This beautiful, open floor plan, and remodeled home counts with 1 Bedroom and 1.5 Baths, wood floors, kitchen with granite counter tops, AC mini-splits, double pane windows, a detached garage with upgraded 220V ready for an EV Charge Station, laundry area, a nice backyard area with RV Utility hookups(220V), an spacious wood shed completely finished that could be use as an office space, CCTV surveillance system, and much more. Ideally located just a few blocks away from USC makes this home perfect for faculty, student housing, or anyone looking for a great starting home or Investment opportunity. A short drive to Exposition Park, Natural History Museum, Science Center, LA Live, Crypto.com Arena, LAFC Stadium, LA Coliseum and downtown. Property/neighborhood is part of USC-DPS Patrol & Response zone. Great upside to develop as well. A must see! Call to schedule a showing.

  • September, 2019

  • Sep 19, 2019

    Date

    Sold

    CRMLS: WS19168214

    $460,000

    Price

  • Aug 31, 2019

    Date

    Pending

    CRMLS: WS19168214

    $460,000

    Price

  • Aug 16, 2019

    Date

    Hold

    CRMLS: WS19168214

    $460,000

    Price

  • Aug 12, 2019

    Date

    Active Under Contract

    CRMLS: WS19168214

    $460,000

    Price

  • Aug 5, 2019

    Date

    Hold

    CRMLS: WS19168214

    $460,000

    Price

  • Aug 5, 2019

    Date

    Active

    CRMLS: WS19168214

    $460,000

    Price

  • Aug 5, 2019

    Date

    Hold

    CRMLS: WS19168214

    $460,000

    Price

  • Aug 2, 2019

    Date

    Active

    CRMLS: WS19168214

    $460,000

    Price

  • Jul 21, 2019

    Date

    Active Under Contract

    CRMLS: WS19168214

    $460,000

    Price

  • Jul 20, 2019

    Date

    Hold

    CRMLS: WS19168214

    $460,000

    Price

  • Jul 16, 2019

    Date

    Active

    CRMLS: WS19168214

    $460,000

    Price

  • Listing provided courtesy of CRMLS

    Standard Sale!!! A Fantastic opportunity to buy a home in the emerging Adams-Normandie neighborhood walking distance to USC. BEAUTIFUL UPGRADED HOME!! 1 Bedroom/ 1 Bath with lots of potential as a great Starter Home or Rental Property. Upgrades include: Bathroom and Bedroom remodeled , kitchen with granite counter top home, AC mini-splits, double pane windows, and more. Proximity to USC, Exposition Park, Museums, LA Stadium, Coliseum and downtown. Property/neighborhood is in the Patrol Boundary of USC department of Public Safety/University Park Task Force Patrol & Response, won't last!!

  • September, 2019

  • Sep 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

  • May, 2014

  • May 5, 2014

    Date

    Sold (Public Records)

    Public Records

    $210,002

    Price

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Tax History for 1514 W 30th St

Assessed Value (2020): $460,000
Year Land Value Improved Value Assessed Value
2020 $368,000 $92,000 $460,000

Home Value Compared to the Market

This property vs the competition

1514 W 30th St is listed 45.87% lower than the median list price for the city of Los Angeles which has a median list price of $1,199,000. The median price per/sqft for Los Angeles is $765 and this home is listed at $1175.72 per/sqft which puts the price per square foot 53.69% higher than the median price per square foot for the city of Los Angeles.

About 1514 W 30th St

Detailed summary of property

1514 W 30th St is a multi family located in Los Angeles, CA 90007 and is currently in escrow to be sold. This multi family property offers 1 bedrooms, 1 bathrooms, roughly 552 living square feet, and sits on an approximately 2,850 square foot lot. 1514 W 30th St was first listed on ArdentRealEstateGroup.com on September 2, 2024. The homeowner is currently asking $649,000. The median priced home in Los Angeles is $1,199,000 with a median price per square foot of $765. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.87% lower than the median priced home. Local competing homes currently for sale include 243 E 29th St, 1507 W 51St St and 1507 W 51St St. While the average home in Los Angeles, CA is selling in 106 days, 1514 W 30th St has a days on market of 1 days. There are currently 3972 homes for sale in the Los Angeles real estate market and 2715 of them are single family homes while 1139 of them are condos and 113 are townhomes. For more information on this home for sale at 1514 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 1514 W 30th St

Public county record property details
Beds
1
Baths
2
Year built
1922
Sq. Ft.
552
Lot Size
2,849
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5040-022-016

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
$1,495,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
16
Median Sale to List Price %
100%
Avg Days on Market
0
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.