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Julieanne Phan

julieannephan@icloud.com +1(714) 655-1434

$ 1,495,000

Est. payment -/mo

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Active

1519 W 30th ST Los Angeles, CA 90007

8 Beds

8 Baths

4,800 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $311

MLS Listing ID 25484011

Bedrooms 8

HOA Y/N No

Year Built 1924

Lot Size 5,632 Sqft

Property Description

Located just blocks from the University of Southern California (USC) and within the USC Patrol Zone, this 8-unit property presents a unique opportunity for investors and developers. Comprising all junior 1-bedroom units, the layout features a hallway connecting the living room, bathroom, and kitchen in each unit. Currently, two of the units are vacant, while the remaining tenants are long-term. Some tenants have expressed an interest in negotiating cash-for-keys, helping bolster future upside potential. The property sits on a 5,609 square foot lot with 8 side-by-side parking spaces, providing additional upside potential by charging for parking. The lot is zoned (Q)R3-1-O-CPIO and falls under the TOC Tier 3 designation, enabling the development of up to 12 four-bedroom units that can be leased "per bed" to students, capitalizing on the high demand from USC's student population. This property offers an estimated rental income upside of approximately 45%, making it an attractive opportunity for both immediate rental income and future development. The property is not located within an HPOZ zone, further simplifying any redevelopment plans.With its prime location near USC and its zoning potential, this fixer-upper provides both immediate cash flow and long-term value growth.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning (Q)R3-1-O-CPIO

Interior

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Side By Side

Pool None

Total Parking Spaces 8

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5054013001

Special Listing Condition Standard

Listed by Oron Maher Maher Commercial Realty

SCHOOLSPROPERTIES

Elementary Schools 20

9

Equitas Academy Charter

Public | KG - 5
8

3rd Street Elementary School

Public | KG - 5
8

Queen Anne Place Elementary School

Public | KG - 5
8

Hoover Street Elementary

Public | KG - 5
8

Global Education Academy

Public | KG - 5
8

Synergy Charter Academy

Public | KG - 5
8

Celerity Dyad Charter

Public | KG - 8
7

New Heights Charter

Public | KG - 8
7

Aspire Juanita Tate Academy

Public | KG - 6
7

Equitas Academy Charter #2

Public | 5 - 8
6

Wilshire Park Elementary

Public | KG - 5
6

Kim Elementary School

Public | KG - 5
6

Cahuenga Elementary School

Public | KG - 5
6

Menlo Avenue Elementary

Public | KG - 5
6

Downtown Value

Public | KG - 8
6

Thirty-Second Street Usc Performing Arts

Public | KG - 12
6

Betty Plasencia Elementary

Public | KG - 5
6

Center for Advanced Learning

Public | KG - 5
5

City Charter Elementary School

Public | KG - 5
5

Celerity Nascent Charter

Public | KG - 8

Middle Schools 20

8

Rise Kohyang Middle School

Public | 6 - 8
7

Alliance Gertz-Ressler Richard Merkin 6-12 Complex

Public | 6 - 12
6

John Burroughs Middle School

Public | 6 - 8
6

Alliance Ouchi-O'Donovan 6-12 Complex

Public | 6 - 12
6

New Designs Charter

Public | 6 - 12
5

Pico Pico Middle School

Public | 6 - 8
4

Foshay Learning Center

Public | 6 - 12
4

RFK Community Schools - Ambassador School of Global Leadership

Public | 6 - 12
4

Los Angeles Academy of Arts & Enterprise Charter

Public | 6 - 12
4

Alliance College-Ready Middle Academy No. 12

Public | 6 - 8
4

John Adams Middle School

Public | 6 - 8
2

Monsenor Oscar Romero Charter Middle School

Public | 6 - 8
1

Audubon Middle School

Public | 6 - 8
1

View Park Preparatory Accelerated Charter Middle School

Public | 6 - 8
1

Johnnie Cochran Jr. Middle School

Public | 6 - 8
1

Barack Obama Global Preparation Academy

Public | 6 - 8
1

Global Education Academy Middle School

Public | 6 - 8
1

Berendo Middle School

Public | 6 - 8
1

John Muir Middle School

Public | 6 - 8
1

Young Oak Kim Academy

Public | 6 - 8

High Schools 20

9

Alliance Dr. Olga Mohan High School

Public | 9 - 12
8

Wallis Annenberg High School

Public | 9 - 12
8

Alliance College-Ready Academy High No. 5

Public | 9 - 12
8

Orthopaedic Hospital

Public | 9 - 12
7

Math and Science College Preparatory

Public | 9 - 12
7

Frederick Douglass Academy High School

Public | 9 - 12
7

Animo Jackie Robinson High School

Public | 9 - 12
7

Alliance College-Ready Academy High No. 16

Public | 9 - 12
6

Crenshaw Arts-Technology Charter High School

Public | 9 - 12
6

Usc Hybrid High School

Public | 9 - 12
5

View Park Preparatory Accelerated High School

Public | 9 - 12
5

Belmont Sh-la Teacher Preparatory Academy

Public | 9 - 12
5

Camino Nuevo Charter High School

Public | 9 - 12
5

Public Service Community High School - Diego Rivera Learning Complex

Public | 9 - 12
5

Roybal Learning Center

Public | 9 - 12
4

RFK Community Schools - Los Angeles High School of the Arts

Public | 9 - 12
4

Synergy Quantum Academy

Public | 9 - 12
4

Santee Education Complex

Public | 9 - 12
4

Miguel Contreras Learning Complex - School of Business & Tourism

Public | 9 - 12
4

Green Design STEAM Academy - Diego Rivera Learning Complex

Public | 9 - 12

School and business data provided by Attom Data.

Julieanne Phan

Broker

+1(714) 655-1434

Julieanne Phan

1519 W 30th ST Los Angeles, CA 90007

Key Details

Location

Interior

Exterior

Building

Others

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1519 W 30th ST