1372 W 35th Place, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
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:49 day(s) ago
  • Updated:November 12, 2026 at 01:08 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
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