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$1,795,000

Beds
9
sq ft
3,570

702 W 30th St, Los Angeles, CA 90007

702 W 30th St

Los Angeles, CA 90007

  • 4 days on market
Prime location & investment opportunity in the highly desirable USC student housing area. Situated within the USC Department of Public Safety Patrol Zone, it offers both security and convenience, just one block from the USC campus, and the historic Shrine Auditorium. The unit mix is ideal for student housing, consisting of (1) 3Br + 2.5 bath unit, (2) 2Br+2 Bath units, and (1) 2 Br + 2.5 unit. Each unit is separately metered for gas and electricity, allowing tenants to manage their own utilities, and all units feature individual tankless water heaters for energy efficiency and continuous hot water supply. This property is perfectly positioned near The Village at USC, offering access to Target, Trader Joe's, a variety of restaurants, and retail options. Public transportation is easily accessible, providing a seamless commute to Downtown Los Angeles and beyond. With its proximity to campus, modern amenities, and prime location in a high-demand rental market, this is a rare opportunity to own a premium student housing property in one of the best locations near USC.

Details

Property type

Est. home value

$1,694,964

Lot size

3,100 sq ft

Price per sq ft

$503

Year built

1904

HOA

No

Price History

03/26/2025
CLAW

CLAW #25517107

Listed
$1,795,000
+8.79%
03/22/2022
CLAW

CLAW #22126007

Sold
$1,650,000

Schools & Community

Neighborhood: 

University Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$595,178
Asking price
$1,795,000
Closing costs (~8% of asking)
-$143,600
Est. remaining loan balance
-$1,056,222
Cash to seller
$595,178

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Foundation Mortgage Corp

Loan start date

March 2023

Original loan amount

$1,083,000

Est. remaining balance

$1,056,222

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Olga Marina Torres Moraga

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:05 AM

Listing updated: 03/27/2025 at 6:06 PM

Listed by: Christopher Furstenberg, Nourmand & Associates-HW Phone #: (323) 462-6262

MLS: CLAW #25517107

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