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947 W 30th St, Los Angeles, CA 90007

List Price: $8,500,000On Market FlagOn market
Feb 27, 202519,050 sqft27 beds24 baths
Listed by: Michael R. Fukushima
License #: 01380445
Phone #: 818-321-6490
Keller Williams Los Angeles
Source:
CRMLS Logo
MLS #: 25504129

Property Description

*The Mirage is part of the 5-building CDI Management Student Housing Portfolio at USC or may be sold separately.* Introducing The Mirage, a prime student housing investment opportunity located at 947 W 30th St., just a short walk from the University of Southern California (USC) campus. This well-maintained, 19,050 sq. ft. building sits on a 10,989 sq. ft. lot and offers a total of 24 units, consisting of three spacious 2-bedroom apartments and twenty-one 1-bedroom units. Renovated in 2005 and meticulously cared for, this building provides modern comforts with an all-electric system, eliminating the need for gas utilities. The property is serviced by an elevator, ensuring easy access to all levels, and includes a partial subterranean parking garage with space for up to 24 vehicles. The Mirage is ideally situated in a highly sought-after location, just steps from USC, USC Village, retail amenities along Figueroa St., and the iconic Shrine Auditorium. Directly across from Rawlinson Stadium, tenants enjoy both convenience and vibrant neighborhood attractions. On-site amenities include a laundry room and common outdoor spaces for tenants to relax and socialize. The building is owned and operated by CDI Management and is fully occupied by USC students. This property presents an excellent opportunity for investors looking to capitalize on the thriving demand for USC student housing in a prime location. Don't miss out on this unique chance to secure a solid income-producing asset!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$120,258

TurboHome Estimated Value

$8,258,600

$434 sqft

High Valuation
$8,671,530
$455/sqft
Normal Valuation
$8,258,600
$434/sqft
Low Valuation
$7,845,670
$412/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$434/sqft$8,258,600

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