13 days on rocket

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

$1,150,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
7 Baths
5,647 SqFt
$204/SqFt
House
Schools Nearby

Location

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229 E 30th St, Los Angeles$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway
Year Built1913
MLS #24394447
Lot Size0.14 Acres
StatusActive

About 229 E 30th St

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 $204/SF on the building, 4.77 GRM on pro-forma rents, and 12.17 GRM on 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.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 2
  • Living Area: 5,647 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Santee Education Complex, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Adams Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Dolores Huerta Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Google Maps: 229 E 30th St. Los Angeles, CA 90011

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $12,186
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$995.9K

Med. Price/SqFt

$635

Avg. Days On Market

33

# of Sold Homes

1589

229 E 30th St vs Los Angeles

13 DAYS ON ROCKET

-20 Days

$1,150,000

+$154K More

$204/SqFt

-$432 Less

KEY TAKEAWAY

This property is $154K more than the Median Sold Price and $432/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24394447

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 12:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$12,186$946,060
2020$11,852$936,360
2019$3,387$918,000
2018$3,285$200,681
2017$3,285$196,747

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7765257
7
/10
  • Dolores Huerta Elementary School

  • 260 E 31st St

  • 0.10 miles

  • Public District Grades KG-5

school-card-donut-7765258
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.21 miles

  • Public Magnet Grades KG-6

school-card-donut-7765259
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 21.24 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-7765260
6
/10
  • John Adams Middle School

  • 151 W 30th St

  • 0.18 miles

  • Public Magnet Grades 6-8

school-card-donut-7765261
4
/10
  • Studio

  • 2211 W Avenue 30

  • 6.05 miles

  • Public District Grades 6-8

High School

school-card-donut-7765262
4
/10
  • Santee Education Complex

  • 1921 Maple Ave

  • 0.63 miles

  • Public District Grades 9-12

school-card-donut-7765263
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.42 miles

  • Public Magnet Grades 9-12

school-card-donut-7765264
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.81 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,233. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 229 E 30th St

What is the listing price of this property?

The listing price of 229 E 30th St property is $1,150,000.

What type of property is this?

The property 229 E 30th St is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 229 E 30th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 229 E 30th St are:
Dolores Huerta Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
John Adams Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Santee Education Complex: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,186 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 229 E 30th St has 16 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 229 E 30th St is 5,647 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 229 E 30th St is 1913.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90011229 E 30th St

This home is located at 229 E 30th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 5,647 square foot home, which was built in 1913, sits on a 0.14 acre lot. Features: 16 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $1,150,000.

In May 2024 more than 766 listings in Los Angeles, CA were sold above the asking price. During the same period more than 198 listings were sold at asking price, while more than 625 were sold below. In May 2024 in Los Angeles, CA there were 15.4% more homes for sale than in April 2024. While the average time on the market in May 2024 was 33 days, the median list price was $995,939.

From Rocket Homes Real Estate and based on county public records data.

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