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947 W 30th Street

Los Angeles (City), CA 90007
  • $10,000,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: 25504129
$10,000,000
  • 27
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,050
    SQFT
  • $525
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Michael R. Fukushima of Keller Williams Realty Downey (562-334-1500) and Stephen F. Watson of Keller Williams Realty Downey(562-334-1500)


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161045873
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947 W 30th Street Los Angeles (City), CA 90007

  • Price: $10,000,000
  • Status: Active
  • On Site: 15 Days
  • ID#: 25504129
27
Beds
0
Baths
0
½ Baths
0.25
Acres
19,050
SQFT
$525
$/SQFT
1964
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
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!
Exterior Features

Parking Features Gated Parking Total 24

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Association YN No Cap Rate 5 Gross Income 739560 Gross Scheduled Income 739560 Levels Three Or MoreMulti/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 497020 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Michael R. Fukushima of Keller Williams Realty Downey (562-334-1500) and Stephen F. Watson of Keller Williams Realty Downey(562-334-1500)