$10,000 Closing Credit¹
Wolsoon Han, Listing Office: Sky Commercial Realty
#25484011·
Listing Office: Maher Commercial Realty·
Listing Agent: Oron Maher·
Listing Office Phone: 310-464-1453
$10,000
closing credit¹
1519 W 30th St Los Angeles, CA 90007
$1,495,000 List price
$10,000
Closing credit¹
8 beds
8 baths
4,800 sqft
0.1 acres
$311 / sqft
House
Property details
About 1519 W 30th St
Located just blocks from the University of Southern California (USC) and within the USC Patrol Zone, this 8-unit property presents a unique opportunity for investors and developers. Comprising all junior 1-bedroom units, the layout features a hallway connecting the living room, bathroom, and kitchen in each unit. Currently, two of the units are vacant, while the remaining tenants are long-term. Some tenants have expressed an interest in negotiating cash-for-keys, helping bolster future upside potential. The property sits on a 5,609 square foot lot with 8 side-by-side parking spaces, providing additional upside potential by charging for parking. The lot is zoned (Q)R3-1-O-CPIO and falls under the TOC Tier 3 designation, enabling the development of up to 12 four-bedroom units that can be leased "per bed" to students, capitalizing on the high demand from USC's student population. This property offers an estimated rental income upside of approximately 45%, making it an attractive opportunity for both immediate rental income and future development. The property is not located within an HPOZ zone, further simplifying any redevelopment plans.With its prime location near USC and its zoning potential, this fixer-upper provides both immediate cash flow and long-term value growth.
Highlights
Home typeOther
StatusActive
Size4,800 sqft
Lot size0.1293 Acres
Year built1924
ParkingSide By Side
MLS #25484011
Summary
- MLS Number: 25484011
- MLS Name: CRMLS
- Office Name: Maher Commercial Realty
- Office Phone: (310) 464-1453
- Listing Agent: Oron Maher
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,495,000
1519 W 30th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $589,136 | $8,091 |
| 2023 | $577,585 | $7,954 |
| 2022 | $566,260 | $7,622 |
| 2021 | $555,158 | $7,508 |
| 2020 | $549,467 | $7,305 |
| 2019 | $538,694 | $7,243 |
| 2018 | $528,132 | $7,058 |
| 2017 | $517,777 | $7,058 |
History based on county public records data.
Nearby schools
3
STEM Preparatory Elementary School
Public Charter KG-5
0.2 mi
•1374 W 35th St
3
John W. Mack Elementary
Public District KG-5
0.3 mi
•3020 S Catalina St
6
Vermont Avenue Elementary
Public District KG-5
0.4 mi
•1435 W 27th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,611. The most common annual income of people living in Los Angeles, CA is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
52%
<35k
40%
35k-100k
2%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
32%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Boston Market
What do the neighbors drive?
Dodge
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1519 W 30th St
This home is located at 1519 W 30th St in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 4,800 square foot home, which was built in 1924, sits on a 0.13 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $1,495,000.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.