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$2,999,000
New Listing

1529 W 35th Place
Los Angeles, CA 90018

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
8,159
SqFt
$368
/SqFt
2024
Built
County:
Los Angeles
Listed by Chelsea Roger of Coldwell Banker Realty [email protected]

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1529 W 35th Place1529 W 35th Place1529 W 35th Place1529 W 35th Place
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A newer-construction multifamily investment opportunity in the desirable Exposition Park neighborhood of Los Angeles, just minutes from the University of Southern California (USC). This four-unit asset offers a 7.5% Cap Rate and features 25 bedrooms, each complete with its own private en-suite bathroom, offering modern construction, established rental income, and long-term investment potential. The property offers exceptional versatility across multiple housing strategies, including student housing and co-living arrangements. Each of the four units features its own spacious communal area, providing residents with comfortable shared spaces while maintaining the privacy of individually appointed bedrooms and bathrooms. Additional amenities include Paid Off Solar, in-unit washers and dryers, air conditioning, solar panels, a two-car garage, and ample on-site parking, enhancing tenant appeal while providing practical conveniences. The property currently benefits from strong occupancy, with 23 of the 25 bedrooms rented, providing immediate income and additional potential through the lease-up of the remaining bedrooms. Strategically located near USC, the property provides convenient access to Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, the California Science Center, dining, shopping, and public transportation connecting residents to Downtown Los Angeles and surrounding employment and entertainment destinations. The combination of newer construction, a substantial 25-bedroom configuration, private en-suite bathrooms, modern amenities, and established rental income presents an opportunity to acquire a distinctive multifamily asset with the potential for long-term income stability and future rental growth. With immediate income potential, additional leasing upside, and a prime location near USC, 1529 W 35th Place offers an opportunity to acquire a substantial multifamily property in one of Los Angeles' most active rental corridors.

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Listing Snapshot
Price 
$2,999,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,159 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1561 Acres
Year Built 
2024
MLS Number 
OC26241927
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS
General Features
Acres 
0.1561
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Three Or More
Number Of Stories 
3
Parking 
Garage
Parking Spaces 
8
Property Condition 
Updated/Remodeled
Property Sub Type 
Quadruplex
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)Security Lights
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
8159
Utilities 
Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Appliances 
DishwasherGas OvenMicrowaveRefrigerator
Cooling 
Central Air
Fireplace Features 
None
Flooring 
Vinyl
Heating 
Central
Interior 
Recessed Lighting
Laundry Features 
Common Area
Window Features 
Triple Pane Windows
Kitchen 
Laundry 
Living Room 
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Exterior Features
Fencing 
Wrought Iron
Lot Features 
Front Yard
Pool Features 
None
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Windows/Doors 
Triple Pane Windows
Community Features
Community Features 
Street Lights
MLS Area 
C23 - Metropolitan
Financing Terms Available 
CashConventional1031 Exchange
Building Access 
1
Roads 
Alley Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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