CA > Los Angeles
Los Angeles, CA 90007,1359 W 35th Pl
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Los Angeles, CA 90007,1359 W 35th Pl
Los Angeles, CA 90007,1359 W 35th Pl
Los Angeles, CA 90007,1359 W 35th Pl
Los Angeles, CA 90007,1359 W 35th Pl
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 4,995,000
Est. payment /mo
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1359 W 35th Pl Los Angeles, CA 90007

34 Beds

36 Baths

10,602 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,602 sqft

Price per Sqft $471

MLS Listing ID 25621251

Bedrooms 34

Year Built 2025

Lot Size 5,095 Sqft

Acres 0.117

Property Sub-Type Multi-Family

Property Description

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 oversized bedrooms and 36 bathrooms, with each bedroom offering a private en-suite bathroom and closet. Priced at $4,995,000, this represents an attractive $146,900 per bedroom and $471 per square foot, offering investors a strong 8.04% 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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 3.0

Building

Story 4

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

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1359 W 35th Pl

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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