First time on the market in 30+ years, this well-maintained 5-unit apartment building at 1464 W 35th Pl. offers strong in-place income contributing to a 6.16% Cap Rate with approx. 40% rent upside! Featuring a desirable unit mix (4 – 2Bd/1Ba + 1 – 3Bd/2Ba detached Single Family Residence), this property is located less than a mile from USC, making it a highly attractive option for investors. Roof fully replaced on both structures in April 2025. Don’t miss this rare chance to own in a thriving rental market!
Property Details
Price:
$1,250,000
MLS #:
SB25040699
Status:
Active
Baths:
0
Address:
1464 W 35th Place
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Feb 25, 2025
State:
CA
ZIP:
90018
Lot Size:
6,802 sqft / 0.16 acres (approx)
Year Built:
1922
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Schools
Interior
Cooling
None
Fireplace Features
None
Heating
See Remarks
Exterior
Community Features
Curbs, Dog Park
Electric
Standard
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1464 W 35th Place Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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1464 W 35th Place
Los Angeles, CA
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