702 W 30Th St, Los Angeles, CA 90007
Image 2 for 702 W 30Th St, Los Angeles, CA 90007
Image 3 for 702 W 30Th St, Los Angeles, CA 90007
View Photos

702 W 30Th St Los Angeles, CA 90007

$1,650,000 Sold Price as of 03/22/2022
  • 23 Beds
  • 16 Baths
  • 3,570 Sq.Ft.
Sold
$1,650,000 Sold Price as of 03/22/2022 Refinance Your Mortgage

Map preview of 702 W 30Th St, Los Angeles, CA 90007

Property Overview: 702 W 30Th St Los Angeles, CA has 23 bedrooms, 16 bathrooms, 3,570 living square feet and 3,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4 Units in Prime USC Student Housing Area in the Blue zone. The Rental upside is over 100%!! This building has been owned by same family for 25 years and they are ready and motivated to move on. The unit mix is ideal for student housing with (1) 3BR/1 1/2 BA , (2) 2BR/2BA and (1) 1BR/1BA. The property is 1 block from Shrine Auditorium and the USC campus. It has separate meters for gas & electric and each unit has its own tankless water heater.

Listed by Keith Moret | BRE #01802527 | Keller Williams Beach Cities
Co-listed by Nicholas Ensbury | BRE #02012167 | Keller Williams Beach Cities
Last checked: 13 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
3,100
HOA Dues
$0/mo
Year built
1904
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22126007
City
Los Angeles
County
Los Angeles
Time on Site
952 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $701
  • Total Rent: $701
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $418
  • Total Rent: $418
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,600
  • Total Rent: $3,600
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $961
  • Total Rent: $961
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 24.21
  • Gross Scheduled Income: --
  • Net Operating Income: $16,084
  • Gross Operating Income: $64,752
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 702 W 30Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 5123011025
Location / Neighborhood
Location Information
  • Directions: East of Hoover, West of Figueroa
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 702 W 30Th St

Last sold for $1,650,000 on March 22nd, 2022
  • March, 2022

  • Mar 22, 2022

    Date

    Sold

    CRMLS: 22126007

    $1,650,000

    Price

  • Feb 1, 2022

    Date

    Active

    CRMLS: 22126007

    $1,650,000

    Price

Tax History for 702 W 30Th St

Assessed Value (2020): $356,651
Year Land Value Improved Value Assessed Value
2020 $158,510 $198,141 $356,651

Home Value Compared to the Market

This property vs the competition

702 W 30Th St sold on March 22, 2022 for 47.32% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $462.18 per/sqft which puts the price per square foot 36.16% lower than the current median sale per square foot for the city of Los Angeles.

About 702 W 30Th St

Detailed summary of property

702 W 30Th St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 23 bedrooms, 16 bathrooms, roughly 3,570 living square feet, and sits on an approximately 3,100 square foot lot. 702 W 30Th St was first listed on ArdentRealEstateGroup.com on February 10, 2022. The homeowner sold the property for $1,650,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.32% higher than the current median priced home. Local homes that are currently for sale include 1293 W 36th St, 1275 W 37th Dr and 1327 W 35th St. While the average home in Los Angeles, CA is selling in 106 days, 702 W 30Th St has a days on market of 30 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 702 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 702 W 30Th St

Public county record property details
Beds
4
Baths
5
Year built
1904
Sq. Ft.
3,570
Lot Size
3,100
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3-5
APN
5123-011-025

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.
$610
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%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.