$1,085,000
- Beds
- 16
- sq ft
- 5,647
229 E 30th St, Los Angeles, CA 90011
229 E 30th St
Los Angeles, CA 90011
- 42 days on market
- Price drop $65,000↓
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.
Details
Property type
Lot size
6,259 sq ft
Price per sq ft
$193
Year built
1913
HOA
No
Price History
06/24/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24394447
Price change
$1,085,000
-5.65%
05/20/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24394447
Listed
$1,150,000
Schools & Community
Neighborhood:
Central City
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/01/2024 at 7:45 AM
Listing updated: 06/24/2024 at 7:13 PM
Listed by: Casey Lins, Kidder Mathews of California, Inc. Phone #: (858) 369-3010
MLS: CLAW #24394447
![CLAW logo](/_next/static/media/clawLogo.95a18e7e.png)
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