CA > Los Angeles
Los Angeles, CA 90007,1238 W 35th Street
Los Angeles, CA 90007,1238 W 35th Street
Los Angeles, CA 90007,1238 W 35th Street
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$2,198,500
Est. payment /mo
12 Beds
3,450 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,450 sqft

Price per Sqft $637

MLS Listing ID CRAR25049725

Bedrooms 12

HOA Y/N No

Year Built 1908

Lot Size 7,094 Sqft

Acres 0.16

Property Sub-Type OTHER

Property Description

The Best Location for Value-add USC off Campus Student Housing investment opportunity, only 2 Blocks away to University of Southern California (USC), located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students with parental guarantees on leases, and all rooms pre-leased for the upcoming 2025-2026 school year with USC students. Currently collecting gross rents of $15,050/month, cap rate around 7%, GRM12.17. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LARD1.5. The subject property is composed of two separate structures (1238 W. 35th St. and 3554-3556 S Budlong Ave) and consists of 3 spacious units, with a unit mix consisting of (1) 6-bedroom + 3-bathroom unit of total rent $7850/month, and (2) 3-bedroom + 1-bathroom units of total rent $7200/month. The property has been recently fully updated/ remodeled - featuring laminated/wood floors, Newly painted, Updated kitchen with stainless steel kitchen appliances, lots of updated cabinets, pantry and counter tops, copper plumbing throughout ( buyer verify). The investment boasts spacious floor plans, secured gated entry, and on-site laundry. The property is approximately 3450 s.f., 7094 s.f. lot, 12 bed, 5 bath, living rooms, and on-site laun

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Laundry Dryer, Washer

Exterior

Utilities Available Other Water/Sewer

Total Parking Spaces 11

Building

New Construction No

Others

Tax ID 5040018011

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Gina Ma • IRN Realty
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+1(925) 383-9200

smiles4dee@gmail.com

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