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$ 9,000,000
Est. payment | /mo
25 Beds
23 Baths
12,928 SqFt
$ 9,000,000
Est. payment | /mo
25 Beds
23 Baths
12,928 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,928 sqft
Price per Sqft $696
MLS Listing ID 25504043
Bedrooms 25
HOA Y/N No
Year Built 1963
Lot Size 0.271 Acres
Property Description
*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. 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Gated
Total Parking Spaces 36
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5123013004
Special Listing Condition Standard
Listed by Michael R. Fukushima • Keller Williams Realty Downey
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "