648 W 30th Street, Los Angeles, CA 90007 - Berkshire Hathaway HomeServices California Properties

648 W 30th Street, Los Angeles, CA 90007

$4,500,000 Approx. USD 17 beds, 17 baths
5,100 sqft

Listing Agent


Christopher Furstenberg | chrisfurstenberg@gmail.com
Lic#: 01208924
Broker: Courtesy of Nourmand & Associates-HW

Co Listing Agent


Howard Lorey | HLorey@Nourmand.com
Lic#: 01263717
Broker: Courtesy of Nourmand & Associates-BH

Agent Remarks

Premier Student Housing Investment Near USC Fully Permitted 17-Bed/17-Bath Property. This fully permitted five-unit student housing investment is located in the highly desirable DPS Patrol Zone, just a short walk from the University of Southern California (USC). Designed and constructed by one of the top student housing operators near USC, the property delivers best-in-class off-campus living with modern amenities and high-end finishes. The property spans approximately 5,100 rentable square feet on a 4,700 square foot lot and consists of two separate structures. The front building, fully updated in 2023, includes four units, each with three bedrooms and three bathrooms. The rear structure located 3004 Shrine is a newly constructed five-bedroom, five-bathroom ADU completed in 2023, offering a low-maintenance addition to the property. Both structures feature high-quality finishes, including new flooring, updated plumbing and electrical systems, quartz countertops, stainless steel kitchen appliances, tiled showers with glass enclosures, and in-unit washer and dryers. This investment is fully occupied by USC students. All units leased for the 2025-2026 academic year except the ADU (applications under review), with parental guarantees on leases providing additional security. Tenants are responsible for all utilities, including water, gas, electricity, and trash, further enhancing the property's strong operating fundamentals. With historically high occupancy rates and consistent demand for student housing in this prime location, this asset presents a low-risk, high-growth opportunity for investors.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25518147
List price is $4,500,000 Reduced by $649,000 on 4/22/2025
Price: $4,500,000
Beds: 17
Baths: 17
Built in 1908
5,100 sqft
0.11 acres
Lot size: 0.1079
County: Los Angeles
Property style: Traditional
Zoning: LAR3
Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer
Parking description: None
Heating/cooling: Central Air
Heating description: Central
MLS area: C42 - Downtown L.A.

Last Updated: 4/22/2025

 Days On Market (DOM): 28

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This listing belongs to the C42 - Downtown L.A. MLS area

The style of this listing is Traditional.
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Lat/Long: 34.025524, -118.279625.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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