721 West 30th Street Los Angeles, CA $ 7,200,000
721 West 30th Street
$ 7,200,000
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721 West 30th Street

Los Angeles, CA, 90007
$ 7,200,000
Baths0.0 Sq 12,928

Monthly Estimate*

$ 44,332

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $7,200,000. This 12,928 square foot home was built in 1963 on a lot size of 0.27.

*The Spot is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Welcome to The Spot, an exceptional private student housing building located at 721 W 30th St., offering a prime location just a short walk from the University of Southern California (USC) campus. This meticulously cared-for property, fully occupied by USC students, sits on a spacious 11,795 sq. ft. lot with a building size of 12,928 sq. ft. The property boasts convenient access to USC Village, the Shrine Auditorium, and the bustling retail amenities along Figueroa St., ensuring tenants have everything they need within walking distance.The unit mix at The Spot includes one 4-bedroom unit, two 2-bedroom units, sixteen 1-bedroom units, and one studio unit, providing a variety of housing options tailored to student needs. Renovated in 2005, the property features modern updates and common area amenities that enhance tenant enjoyment. With 36 on-site parking spaces, the property is designed to accommodate the needs of its residents. Additionally, there is significant potential to add more dwelling units, offering an exciting opportunity for future growth. The building is owned and operated by CDI Management and is fully occupied by USC students. Property Fully Leased for the 2025-2026 Academic School Year! This is an exceptional investment opportunity for those looking to capitalize on the high demand for student housing in the heart of USC's vibrant campus community.

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Multi-Family Active

Price

$ 7,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.27

Year Built

1963

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025504043

Features
General
Living Area 12928.0
Zoning LARD1.5
Pool Features None
Security Features Gated Community
Year Built 1963
Tenant Pays Electricity Gas
Levels Multi/Split
County Los Angeles
Net Operating Income 443724.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 11795.0
Property Attached Y/N Yes
Property Condition Updated/Remodeled
Standard Status Active
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Exterior
Lot Size Area 11795.0
Foundation Details None
Pool Y/N? Yes
Building Area Total 12928.0
Lot Size Acres 0.27
Land Lease Type Fee
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N No
Heating Y/N No
Total Baths 0
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* Excluded Features
List By
Michael R. Fukushima

Listing Agent

Keller Williams Los Angeles

Broker

Affordability Calculator

$44,332
Per Month
100%
0%
0%
Monthly Principal & Interest
$44,332
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2025$7,200,000 -11.11% Price Down
5/7/2025$8,100,000 -10.00% Price Down
3/4/2025$9,000,000 Listed Price

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721 West 30th Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $7,200,000 with 12,928 sqft and a lot size of 0.27. 721 West 30th Street is a studio with 0.0 baths and was built in 1963. The property's zip code is 90007 which is in Los Angeles, CA