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Image 1 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 2 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 3 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 4 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 5 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 6 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 7 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 8 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
Image 9 - 229 E 30th St, Los Angeles, California, 90011 - House for sale
E Th St, Los Angeles, Home For Sale
229 E 30th St, Los Angeles, California, 90011

E Th St, Los Angeles, Home For Sale

house for sale
Listed: 08/11/24

229 E 30th St, Los Angeles, California, 90011

16 Bed:
7 Bath:
5,647 Sq Ft Living Area:
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Price
$ 1,09M

About This House

We are pleased to present this 7-unit apartment community located at 229 E 30th St, just 5 minutes from Downtown Los Angeles! Priced at$192/SFon the building, 4.50 GRMon pro-forma rents, and11.49 GRMon current rents, the building consists of 5 two-bedroom units and 2 three-bedroom units, with over 150% in rental upside! There are 2 separate buildings located on the property, which provides a sense of privacy and community with the existing tenant base. A new owner will have the opportunity to execute on a value-add process while purchasing the building at below replacement costs on a price/SF and price/unit basis. Nearby amenities include Trader Joe's, Superior Grocers, USC, The Coliseum, LAFC,Crypto.com Arena, The Convention Center, and various employment opportunities within the direct vicinity of the property.

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Historic South-Central Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
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In August 2024, the asking price for 1 bed houses for sale in/near Historic South-Central, Los Angeles, United States averaged $837,581, a decrease of 20.3% from the previous month.
Median price trends for properties for sale in Historic South-Central, Los Angeles, United States as of August 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.