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

$3,500,000 Sold Price as of 08/16/2021
  • 2 Beds
  • 12 Baths
  • 5,254 Sq.Ft.
Sold
$3,500,000 Sold Price as of 08/16/2021 Refinance Your Mortgage
Map preview of 807 W 30Th St, Los Angeles, CA 90007

Property Overview: 807 W 30Th St Los Angeles, CA has 2 bedrooms, 12 bathrooms, 5,254 living square feet and 11,798 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 807 W 30th Street in Los Angeles is a USC adjacent 12-unit building located in a qualified opportunity zone. The building was constructed in 1939 and consists of 5,254 SF of living space situated on an 11,798 SF lot. 807 W 30th Street offers a unit mix consisting of (2) 1-Bed/1-Bath and (10) Studio. The property is situated next to USC’s “The Row” and offers the opportunity to convert the existing garage into 4 ADUs (buyer to verify). Given the property’s ideal location, ADU opportunity, and significant upside rent potential, 807 W 30th Street is an excellent opportunity for any value-add investor seeking growth, stability, and a hedge against inflation.

Listed by Brett Lyon | BRE #01717818 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by J.Woody Stahl | BRE #01399621 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 2 minutes ago | Last updated: March 21st, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
11,798
HOA Dues
$0/mo
Year built
1939
Garage
12 Car
Property Type:
Apartment
Status
Sold
MLS#
SB21146822
City
Los Angeles
County
Los Angeles
Time on Site
1170 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 4
  • # of Leased Units: 5
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,054
  • Total Rent: $1,054
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $989
  • Total Rent: $989
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,053
  • Total Rent: $1,053
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 11
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 12
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $989
  • Total Rent: $989
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.74%
  • Gross Rent Multiplier: 15.79
  • Gross Scheduled Income: $205,797
  • Net Operating Income: $121,438
  • Gross Operating Income: $195,507
  • Vacancy Allowance: $10,290
Annual Expense Breakdown
  • Total Operating Expense: $74,069
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $40,470
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $3,941
  • Maintenance: $6,174
  • Professional Management: $12,684
  • Water/Sewer: $0
  • Other Expenses: $9,600
  • Other Expense Description: Utility

Virtual Tour

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Property Details for 807 W 30Th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 12
  • Parcel Number: 5123013008
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located on the corner of University Ave and W 30th St.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 807 W 30Th St

Last sold for $3,500,000 on August 16th, 2021

  • August, 2021

  • Aug 16, 2021

    Date

    Sold

    CRMLS: SB21146822

    $3,500,000

    Price

  • Jul 16, 2021

    Date

    Pending

    CRMLS: SB21146822

    $3,250,000

    Price

  • Jul 7, 2021

    Date

    Active

    CRMLS: SB21146822

    $3,250,000

    Price

Tax History for 807 W 30Th St

Assessed Value (2020): $336,096
Year Land Value Improved Value Assessed Value
2020 $118,346 $217,750 $336,096

Home Value Compared to the Market

This property vs the competition

807 W 30Th St sold on August 16, 2021 for 190.18% 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 $618.58 per/sqft which puts the price per square foot 14.56% lower than the current median sale per square foot for the city of Los Angeles.

About 807 W 30Th St

Detailed summary of property

807 W 30Th St is a apartment that recently sold in Los Angeles, CA 90007. This apartment offered 2 bedrooms, 12 bathrooms, roughly 5,254 living square feet, and sits on an approximately 11,798 square foot lot. 807 W 30Th St was first listed on ArdentRealEstateGroup.com on July 7, 2021. The homeowner sold the property for $3,500,000. 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 190.18% higher than the current median priced home. Local homes that are currently for sale include 1242 S Harvard Blvd, 756 S New Hampshire Ave and 3148 James M Wood Blvd. While the average home in Los Angeles, CA is selling in 106 days, 807 W 30Th St has a days on market of 10 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 807 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 807 W 30Th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
5,254
Lot Size
11,797
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5123-013-008

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?

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(714) 706-1823

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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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