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721 W 30th St, Los Angeles, CA 90007

List Price: $7,200,000On Market FlagOn market
Feb 27, 202512,928 sqft25 beds23 baths
Listed by: Michael R. Fukushima
License #: 01380445
Phone #: 818-321-6490
Keller Williams Los Angeles
Source:
CRMLS Logo
MLS #: 25504043

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. Property Fully Leased for the 2025-2026 Academic School Year! 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.
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

$111,816

TurboHome Estimated Value

$7,327,200

$567 sqft

High Valuation
$7,693,560
$595/sqft
Normal Valuation
$7,327,200
$567/sqft
Low Valuation
$6,960,840
$538/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$567/sqft$7,327,200

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