2623 W 30th, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 0 bath
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Los Angeles, California 90018
This Historic Jefferson Park Quadruplex is a High-Potential Investment Opportunity listed at $999,999—positioned well below the $1,128,814 Fair Market Value by 11%. This valuation gap secures $128,815 in Instant Equity. Currently in Fair Condition, the asset features two standalone structures and a large cemented backyard for ample parking. Located near USC and Downtown LA, the property commands high rental demand within a Historic Preservation Overlay Zone. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2623 W 30th Subject | $999,999* List Price | 0 | 0 | 2,872 | $393 | - |
A 1925 W 35th Sold | $1,100,000 | 0 | 0 | 3,312 | $332 | 0.6 mi |
B 2640 S Bronson Active Under Contract | $1,100,000 List Price | 0 | 0 | 2,518 | $437 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1913 quadruplex is in fair condition, characterized by a mix of original aged elements and sporadic updates. While the listing highlights that one bathroom is updated and another is currently being remodeled, the kitchens feature dated cabinetry and older appliances. The property shows typical wear for its age, with a combination of older laminate flooring and tile. It remains functional and habitable but requires further modernization of major systems and interior finishes to meet modern standards.
Situated in the historic Jefferson Park HPOZ near USC and Downtown LA, the property offers high rental demand and long-term appreciation potential in a sought-after community.
The quadruplex includes two standalone structures, offering a rare level of privacy for tenants that typically commands higher desirability and lower turnover.
With ongoing bathroom renovations and a large cemented backyard providing ample parking, there is a clear opportunity to increase rents and maximize ROI.
Being located in an HPOZ limits exterior modification flexibility and requires adherence to strict historical standards, which can complicate and inflate renovation costs.
As a 1913 build, the property likely faces challenges associated with century-old systems, potentially requiring significant maintenance or upgrades to plumbing and electrical components.
Welcome to 2623 W 30th St, located in the heart of Jefferson Park within the Historic Preservation Overlay Zone. This is a rare opportunity for investors seeking both character and long-term upside in one of Los Angeles’ most sought-after historic communities. Positioned near West Adams, Leimert Park, USC, and Downtown LA, the property benefits from strong rental demand and central accessibility. This four-unit property consists of four 1-bedroom, 1-bathroom units. Two of the units share adjoining walls, while the other two are separate standalone structures, offering added privacy and flexibility. Unit 2 features an updated bathroom, and Unit 3 bathroom is currently being remodeled, creating immediate value-add potential and opportunity for increased rents. The fully cemented backyard provides ample parking, a major asset in this area. With close proximity to the 10 and 110 freeways and the Metro Expo Line, tenants enjoy multiple transportation options. For investors looking for location, historic charm, and upside potential, 2623 W 30th St delivers on all fronts.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,872 | 2,536 | 75% |
| Lot Size | 9,537 | 6,363 | 94% |
| Price | $1000.0K | $975.5K | 50% |
| Price per sq ft | $348 | $419 | 38% |
| Built year | 1913 | 1923 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 220 | 6% |
Feb 24, 2026
$999,999
Initial Listing