229 E 30TH ST
LOS ANGELES, CA 90011
$1,150,000
16 Beds
7 Baths
5,647 Sq Ft
Status Active
MLS# 24-394447
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.
Details for 229 E 30TH ST
Built in 1913
$204 / Sq Ft
4 parking spaces
Other
Other
14 Days on website
0.1437 acres lot
Area Information for 229 E 30TH ST
