1359 W 35th PL
Los Angeles, CA, 90007
$4,495,000
34 Beds
36 Baths
10,602 SqFt
0.12 Acres
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MLS #26668011 image #0
Introducing 1359 W. 35th Place, a premier new-construction student housing investment located just steps from the University of Southern California (USC) and within the DPS Patrol Zone. Newly constructed in 2025, this thoughtfully designed asset features 34 fully permitted bedrooms and 36 bathrooms, a rarity in the USC student housing market, with each bedroom offering a private en-suite bathroom and closet. Priced at $4,495,000, this represents an attractive $132,206 per bedroom and $424 per square foot, offering investors a strong 7.61% cap rate (which already accounts for an 8% professional property management fee). The property has been meticulously designed for comfort, functionality, and long-term durability. Each unit contains two washer/dryer hookups and a powder room, and every floor includes its own full kitchen, making daily living convenient for tenants and management efficient for owners. The 10-foot ceilings, premium finishes, and thoughtful layouts elevate this property above standard student rentals, making it ideal for both rent-by-the-room and rent-by-the-bed leasing strategies. A spacious rooftop deck provides sweeping city views and a comfortable communal area for socializing, studying, or relaxing, enhancing the overall living experience and tenant appeal. Its flexible design also accommodates co-living, transitional, or affordable housing opportunities, broadening the potential tenant pool and supporting consistent occupancy. Located just a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, tenants enjoy easy access to Downtown Los Angeles, the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. With the 2028 Olympics approaching and sustained demand from USC students, this brand-new, high-capacity asset represents a rare opportunity to acquire a low-maintenance, high-yield property in one of Los Angeles’ most resilient rental submarkets.

Property Details

Price:
$4,495,000
MLS #:
26668011
Status:
Active
Beds:
34
Baths:
36
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Sep 16, 2026
Finished Sq Ft:
10,602
Total Sq Ft:
10,602
Lot Size:
5,095 sqft / 0.12 acres (approx)
Year Built:
2025
NewconstructionC34 – Los Angeles SouthwestC34losangelessouthwest

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Schools

Interior

Levels
C

Exterior

Parking Spots
3
Parking Total
3

Financial

Gross Operating Income
$464,616
Net Operating Income
$342,259

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Sep 21, 2026
8,246
Single Family Listed
88
Avg DOM
432
Avg $ / SqFt
$1,560,466
Avg List Price

Property Summary

    1359 W 35th PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $4,495,000 and features 34 beds, 36 baths, and has approximately 10,602 square feet of living space, and was originally constructed in 2025. The current price per square foot is $424. The average price per square foot for Single Family listings in Los Angeles is $432. The average listing price for Single Family in Los Angeles is $1,560,466.

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1359 W 35th PL
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