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1387 W 30th Street, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath

1387 W 30th Street, Los Angeles, California 90007 home-pic-0
ACTIVE$1,300,000
1387 W 30th Street, Los Angeles, California 90007
0Bed
0Bath
2,052Sqft
6,075Lot
Year Built
1905
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$634
HOA
-
Days on market
-
Sold On
-
MLS number
TR24187037
Home ConditionFair
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.30M(80th), sqft - 2052(20th), beds - undefined(50th), baths - undefined(50th).

Exceptional Investment Opportunity! This gated, single-story triplex, located at 1378, 1378 1/2, and 1389 W. 30th Street, is perfectly situated just minutes from USC, 3 minutes from Exposition Park (a key site for the 2028 Summer Olympics), and 9 minutes from Crypto.com Arena. It’s also a short 20-minute drive to SoFi Stadium and 10 minutes from downtown Los Angeles. The property features three units: the front unit (1387) offers a spacious 2BD/2BA with recent renovations, including a modern kitchen, new flooring, and fresh paint. The two rear units each include 1BD/1BA, providing stable rental income. Whether you choose to occupy the newly updated front unit with the tenant occupied rear units or lease all three for maximum return, this property offers a fantastic investment opportunity. With a motivated seller, don’t miss out—submit your offer TODAY!

Price History

Date
Event
Price
06/06/12
Sold
$262,000
07/10/96
Sold
$150,000
Condition Rating
Fair
The property was built in 1905, but the front unit (1387) has recent renovations, including a modern kitchen and new flooring. The other two units are not described as renovated. Given the age of the property and the partial renovation, a 'Fair' condition score is appropriate. The front unit likely elevates the overall condition, but the age of the other units brings the average down.
Pros & Cons

Pros

Prime Location: Located minutes from USC, Exposition Park (2028 Olympics site), and a short drive to Crypto.com Arena and SoFi Stadium, offering excellent access to key attractions and amenities.
Income Potential: Triplex property with three units, providing immediate rental income from two 1BD/1BA rear units, and the option to lease the renovated front unit for maximum return.
Renovated Unit: The front unit features recent renovations, including a modern kitchen, new flooring, and fresh paint, enhancing its appeal to potential tenants or owner-occupants.

Cons

Age of Property: Built in 1905, the property may require ongoing maintenance and potential upgrades due to its age.
Tenant Occupied: Two of the units are tenant-occupied, which may limit immediate flexibility for renovations or owner occupancy of all units.

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