721 W 30th Street, Los Angeles, CA 90007 - Berkshire Hathaway HomeServices California Properties

721 W 30th Street, Los Angeles, CA 90007

$7,200,000 Approx. USD 25 beds, 23 baths
12,928 sqft

Reduced by $900,000 on 6/11/2025

Listing Agent


Michael R. Fukushima | mfukushima@total-realtygroup.com
Lic#: 01380445
Broker: Courtesy of Keller Williams Los Angeles

Co Listing Agent


Stephen F. Watson | swatson@total-realtygroup.com
Lic#: 01187813
Broker: Courtesy of Keller Williams Los Angeles

Agent Remarks

*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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25504043
List price is $7,200,000 Reduced by $900,000 on 6/11/2025
Price: $7,200,000
Beds: 25
Baths: 23
Built in 1963
12,928 sqft
0.27 acres
Lot size: 0.2708
County: Los Angeles
Zoning: LARD1.5
Parking description: Gated
Heating/cooling: None
Heating description: None
MLS area: C42 - Downtown L.A.

Last Updated: 6/14/2025

 Days On Market (DOM): 110

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.026383, -118.280184.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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