229 30th Street, Los Angeles
Los Angeles Home For Sale
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 $192/SF on the building, 4.50 GRM on pro-forma rents, and 11.49 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.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90011
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- MLS® #:
- 24394447
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- Bedrooms:
- 16
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- Bathrooms:
- 7
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- Square Ft:
- 5,647
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- Lot Size:
- 0.14
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 229 30th Street, Los Angeles, (MLS® #24394447)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract (from Active) | – | – | |
| Price Reduced (from $1,150,000) | $1,085,000 | $65,000 (5.65%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 24th, 2024 at 4:55am PDT. 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.