947 W 30th Street, Los Angeles, CA 90007

$8,500,000
27
BD
24
BA
19,050
SqFt
List Price
$8,500,000
Price Change
▼ $500,000 1749628029
Status
ACTIVE
MLS#
25504129
Year Built
1964
Bedrooms
27
Bathrooms
24
Living Sq. Ft
19,050
Lot Size
10,989
Acres
0.25
Days on Market
205
Property Type
Multifamily
Stories
Three Or More Levels, Multi Level

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

Additional Information

Heat
None
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
24
Gross Scheduled Income
$739,560

Listing courtesy of Listing Agent: Michael R. Fukushima (mfukushima@total-realtygroup.com) from Listing Office: Keller Williams Los Angeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.