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!
MLS# | SB25040699 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1922 |
Days On Site | 55 |
Listing Provided By | Lyon Stahl Investment Real Estate, Inc. 310-425-9838 | Kyle Soto |
SQ Feet | 4,876 |
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Story(s) | 2 |
Units | 5 |
Building(s) | 2 |
Zoning | LARD2 |
Acreage | 0.16 |
Property View | None |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90018 |
Area | C34 Los Angeles Southwest |
Listing VS Median (In 90018) | |
Price: $1,250,000 low | high Med: $999,989 SqFt: 4,876 low | high Med: 1,737 $ / SqFt: $256 low | high Med: $604 On site: 55 low | high Med: 195.500000 |