1414 W 30th Street

Attention developers, investors: Best Prime Location, Highly demanding in the desirable USC DPS Safety Patrol zone, about only 5 mins walking to USC (the University of Southern California) and USC Village! Don't wanna miss this location, the best and real short distance to USC! Providing easy access to all of USC's landmarks, academic buildings, and entertainment options! The current Cap rate is around 3.9%, and it has big potential rent of $150,000.00 then the cap rate would be around 7.9 or might even higher! The area has been consistently growing stronger and stronger, more and more multi Million dollars projects in place and under construction! Valuable with the Most High Demanding Unit Mix, Four (4) units + one car garage ( potential ADU ) value-add multifamily investment opportunity. Address: 1414 W. 30th Street, 3005, 3007 & 3011 Walton Ave.. LAR2 Zone! It offers Two (2) separate structures - consisting of 1 unit of Single ( 2 bed RM 1 bath RM, possibly 3 bed 1bath or 2bed 2bath ) in one building, 3 units in another building ( 2 bed / 2 bath RM - Occupied by USC Students, 1 bed /1 bath possibly 2 bed /2 bath, 2 bed RM 2 bath possibly 3 bed 2 bath ), detached one car garage is currently rented as a storage at $300.00. All tenants are responsible and current with rental payments. First unit currently occupied by USC students was brand new upgraded with modern look - new windows, new kitchen, a new bath room, closet, floor, paint... Current gross income is $76,320 annually with big potential of possible $150,000.00! Also just minutes away from LA Convention Center, Crypto.com Arena and many well-known amenities along Figueroa St. You don't wanna miss this property and this location!!