1327 W 35th Street
Los Angeles, CA, 90007
$1,750,000
Beds
0 Baths
SqFt
0.16 Acres
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We are pleased to offer the opportunity to acquire two (2) single-family residences, consisting of 15-beds which can fit up to 19-beds. The properties are located in the highly desirable DPS Patrol Zone, and just minutes to the University of Southern California (USC).The two restored Craftsman homes were completely updated & remodeled in 2015 – featuring polished hardwood floors, stainless steel kitchen appliances, granite counter tops, and in-unit washer & dryers. Both properties have updated copper plumbing, electrical systems, new roofs, and central HVAC.The structures were built in 1913, constructed of wood frame and stucco on a raised foundation, with a total square footage of 4,100 SF, on a 6,905 SF lot, zoned LARD1.5. The buildings have been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of one (1) 8-bedroom + 6-bathroom SFR, and one (1) 4-bedroom + 2-bathroom SFR. The bedrooms are spacious and furnished with beds, armoires, desks, mini-fridges, and individual thermostat controls. Combined with parental guarantees on some leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students and young working professionals, fully leased with a gross income of $13,600/month. There’s approximately 20% potential upside in rents, which an investor can achieve closer to about $17,400/month. The expansive lot size allows an investor to add even more value to the property by constructing a 3-bedroom + 3-bathroom ADU to further increase cash-flow (buyer to verify). Currently priced at a 7% Cap Rate Excellent cash-flow investment opportunity. Please email for the Executive Summary/ Financial Analysis.

Property Details

Price:
$1,750,000
MLS #:
25506913
Status:
Active
Baths:
0
Address:
1327 W 35th Street
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Mar 5, 2025
State:
CA
ZIP:
90007
Lot Size:
6,907 sqft / 0.16 acres (approx)
Year Built:
1913
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Interior

Appliances
Dishwasher, Disposal, Refrigerator
Cooling
Central Air, Dual
Fireplace Features
Bath, Bonus Room, Dining Room, Den, Kitchen, Living Room
Flooring
Wood, Tile
Heating
Central

Exterior

Parking Features
Private, Gated
Parking Spots
4.00
Security Features
Gated Community, Automatic Gate
Stories Total
2

Financial

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Community

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1327 W 35th Street
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