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1372 W 35th Place, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:CENTURY 21 Allstars
1372 W 35th Place,Los Angeles, CA 90007
$2,590,000
  • 15 Beds
  • 13 Baths
  • 5,004 sq. ft.
  • Multi-family
  • Active
Listed by: benjamin lee
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26990189
Source:CRMLS

Price summary

  • Price:$2,590,000
  • Price per sq. ft.:$517.59

About this home

We are pleased to present 1372 W 35th Pl, a newer construction 5-unit, 15-bed student housing asset built in 2022 and ideally located within walking distance of USC's University Park Campus. The property is fully leased for the 2026-2027 Academic Year and is THE LOWEST entry point for newer construction student housing in the USC submarket, providing investors with an attractive entry point into a high-demand rental market.1372 W 35th Pl is offered at a 7.23% CAP rate and 8.99 GRM on in-place income, with monthly gross income exceeding $22,000. The efficient unit mix includes two 3BR/3BA units, two 4BR/3BA units, and one 1BR unit, offering flexibility to accommodate a broad range of student tenants. The property offers additional upside through rent growth and the potential to convert select units to double occupancy, giving new ownership multiple paths to increase income. Smaller, efficiently configured units can attract a broader tenant pool, lease quickly, and carry lower turnover...

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Home facts

  • Year built:2022
  • Listing ID #:26990189
  • Added:48 day(s) ago
  • Updated:November 11, 2026 at 12:41 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:13
  • Kitchen Description:Dishwasher, Gas Range, Microwave, Refrigerator
  • Living area:5,004 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2022
  • Building area:5,004 sq. ft.
  • Lot area:0.16 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$2,590,000
  • Price per sq. ft.:$517.59

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:4
  • Parking description:Driveway
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Joseph Villaescusa

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