1141 W 30th St
Los Angeles, CA 90007 (Jefferson)
$1,947,601 Trulia Estimate

1141 W 30th St
Los Angeles, CA 90007

(Jefferson)
  • 4 baths
  • 4,708 sqft
  • 6,837 sqft lot size
  • Multi-Family
Off Market · Public Record
$1,947,601 Trulia Estimate
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    28 Middle Schools

    37 High Schools

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 4 Baths
  • Built in 1912
  • 6,837 sqft lot size
  • 4,708 sqft
Description

This property is no longer available to rent or buy. This description is from July 01, 2013
15 Bedroom, 4 bathroom, 4,708 square feet. This home is a superb investment opportunity. Currently rents to a Christian Sorority on a three year lease. Net income after all bills are paid equals 146,000 a year! Great CAP rate for the area. 2 minute walking distance from USC Campus. This is a fantastic opportunity is ready to move. In 2011, over $120,000 worth of upgrades were put in. Hardwood refinished, new bathrooms, new massive communal kitchen, hardwood floors refinished, all rooms painted tankless water heaters installed, doors, ceiling fans, hardware....EVERYTHING was replaced. Massive porches and beautiful windows. The home offers an investor a superb chance to own a unique property. Handyman handles month repairs and is already subtracted from NOI mentioned above. Bungalow style, it was once a 4-Plex converted over the years. 2011 saw its rebirth into a sorority house that yields a great return on the investment. We are pleased to present this unique student housing property located at 1141 West 30th Street in Los Angeles, California. Sorority or Fraternity tenants enjoy nearby amenities within walking distance to the property such as the Coliseum, home to the USC Trojan Football as well as Exposition Park, home of the Natural History Museum, IMAX theater, and California Science Center. Also, the new Expo Line was recently opened which offers tenants easy access to West Los Angeles. Other nearby amenities include the Staples Center, Los Angeles Convention Center, and L.A. Live. Built in 1912, the subject property presents an investor a well maintained and completely renovated property with exceptionally strong rental potential in a rental pocket with very high demand for off campus student housing. Situated west of Hoover Street and south of West Adams Boulevard, the property is well positioned in a strong rental pocket within walking distance to USC. The property is conveniently located near the 10 and 110 freeways providing easy access throughout Los Angeles.858.521.9350

Price History
Date
Price
Event

12/23/2014
$17,500
Posting removed

01/16/2014
$1,699,000
Posting removed

11/22/2013
$475,000
Sold
Recording Date
11/22/2013
Contract Date
11/18/2013
Sale Price
$475,000
Price Type
Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
County Transfer Tax
$523
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

08/21/2013
$1,699,000
Price change
Price Change
-$100,999 (-5.61%)
Source

08/18/2013
$1,799,999
Listed for sale

06/12/2013
$1,799,000
Posting removed

04/30/2013
$1,799,000
Listed for sale

01/12/2011
$1,100,000
Sold
Recording Date
01/12/2011
Contract Date
01/03/2011
Sale Price
$1,100,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$1,210
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

11/02/1993
$225,000
Sold
Recording Date
11/02/1993
Contract Date
10/12/1993
Sale Price
$225,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$248
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$19,403.01
Assessments
$1,553,301
Land
$1,087,311
Improvements
$465,990
Total
$1,553,301
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 90007
$1,142,294
140% above sold price
Median Sale Price for 90007
$815,000
72% above sold price
Average Sale price/sqft for 90007
$355/sqft
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
1.94
Multi-Family
$950,000
09/22/17
-
-
10,250
6.51
Multi-Family
$805,000
10/06/17
6
4
3,780
4
Multi-Family
$675,000
09/20/17
9
4
3,451
4.67
Multi-Family
$665,000
09/28/17
4
4
3,422
4.57
Multi-Family
$610,000
10/02/17
5
4
2,500
5.01
Multi-Family
$600,000
09/19/17
8
4
3,591
2.17
Multi-Family
$598,000
09/25/17
3
2
1,442
3.24
Multi-Family
$675,000
09/20/17
2
2
1,692
3
Multi-Family
$700,000
09/29/17
4
3
2,042
5.48
Multi-Family
$670,000
10/02/17
9
3
3,088

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