229 E 30th Street Los Angeles, CA ^$ 1,150,000

229 E 30th Street

^$ 1,150,000

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229 E 30th Street

Los Angeles, CA, 90011

^$ 1,150,000

Bedrooms16 Baths7.0 Sq 5,647

Monthly Estimate*

^$ 7,643

Listed by Kidder Mathews of California, Inc.

229 E 30th Street, Los Angeles, CA 90011 - Image 1

229 E 30th Street, Los Angeles, CA 90011 - Image 2

229 E 30th Street, Los Angeles, CA 90011 - Image 3

229 E 30th Street, Los Angeles, CA 90011 - Image 4

229 E 30th Street, Los Angeles, CA 90011 - Image 5

229 E 30th Street, Los Angeles, CA 90011 - Image 6

229 E 30th Street, Los Angeles, CA 90011 - Image 7

229 E 30th Street, Los Angeles, CA 90011 - Image 8

229 E 30th Street, Los Angeles, CA 90011 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,150,000 with 16 bedrooms and 7 full baths. This 5,647 square foot home was built in 1913 on a lot size of 0.1437.

We are pleased to present this 7-unit apartment community located at 229 E 30th St, just 5 minutes from Downtown Los Angeles! Priced at $204/SF on the building, 4.77 GRM on pro-forma rents, and 12.17 GRM on current rents, the building consists of 5 two-bedroom units and 2 three-bedroom units, with over 150% in rental upside! There are 2 separate buildings located on the property, which provides a sense of privacy and community with the existing tenant base. A new owner will have the opportunity to execute on a value-add process while purchasing the building at below replacement costs on a price/SF and price/unit basis. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC, Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property.

Multi-Family Active

Price

^$ 1,150,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1437

Year Built

1913

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24394447

Days on Market

Features

General

Zoning LARD1.5

Year Built 1913

Stories 2

Levels Two

Gross Income 94459.0

County Los Angeles

Net Operating Income 46226.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Google Maps: 229 E 30th St. Los Angeles CA 90011

City Los Angeles

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 7

MLS Area C42 - Downtown L.A.

Lot Size Units SquareFeet

Lot Size Square Feet 6259.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 30th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 11

Standard Status Active

Exterior

Parking Features Driveway

Total Parking 4.0

Lot Size Area 6259.0

Number of Buildings 2

Spa N

Building Area Total 5647.0

Street Suffix Street

Lot Size Acres 0.1437

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 16

Electric On Property Y/N N

Total Baths 7

Internal Only

Street Number 1 229

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(714) 333-6768

Phone

Affordability Calculator

$7,643

Per Month

Monthly Principal & Interest: $7,643
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,994,730

Percent of Sale Price 73%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$1,150,000		Listed Price

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229 E 30th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $1,150,000 with 5,647 sqft and a lot size of 0.1437. 229 E 30th Street has 16 bedrooms, 7.0 baths, and was built in 1913. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/15/2024. 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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229 E 30th Street

Multi-Family Home for sale in Los Angeles, CA

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