1116 W 30th St, Los Angeles, CA 90007

High-Revenue Student Housing Opportunity at USC Reduced to Sell. Gorgeous Victorian-style student housing complex 1 block from USC Gate 5, McDonald's Olympic Swim Center and University Village. Units are furnished with upgraded interiors. Property has all copper plumbing, new electrical service, and laundry facilities. Rear building is two 3-bedroom units built in 2007 with garage parking off-alley. Students pay all utilities (except water). In-place leasing manager keeps vacancy at zero and caters to foreign graduate students with 12 month leases. Already 75% leased for next year beginning August, 2013. Steady stream of incoming tenants via leasing manager's company and website. This property is part of a portfolio but can be purchased separately.