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For sale
  • Price cut: $189.8K (7/1)
    $4,799,000

    1286 W 35th Pl, Los Angeles, CA 90007

    25beds
    18baths
    7,090sqft
    : 
    Multi Family
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $677/sqft
    $-- HOA

    What's special

    Contemporary finishesSingle occupancy ensuite bathroomAbundant natural lightAmple cabinetryBrand new flooringQuartz countertopsStainless steel appliances
    We are pleased to present 1286 W 35th Pl, a newly constructed 25-bed student housing opportunity located just west of the University of Southern California, within the USC Department of Public Safety 24 Hour Patrol Zone. The property is currently in lease up, drawing from the strong demand for off-campus housing from the 47,000 students currently enrolled at the University of Southern California. Approximately ~60% of all USC students live in off-campus housing, offering new ownership predictable demand and a low vacancy rate tied to one of the nation's top academic institutions. USC continues to rise in academic rankings, setting a record high applications and record low acceptance rate in 2024. The property features two three-bedroom units, two five-bedroom units, and one six-bedroom unit, along with three tandem parking spaces and one single space. All units are fully furnished and offer spacious floor plans with abundant natural light and contemporary finishes, including brand new flooring, tile bathrooms with modern vanities and quartz countertops, and kitchens equipped with stainless steel appliances, built-in microwaves, solid-surface counters, and ample cabinetry. Additional highlights include built-in closets, in-unit washer and dryer, central heating and air conditioning, and double-pane windows. The bedrooms feature a mix of double occupancy, single occupancy ensuite bathroom and single occupancy shared bathroom, offering bedrooms across a range of price points to attract students seeking off-campus accommodation at varying price points. At the asking price, the property is being offered at $191,960 per bed with a projected 6.88% CAP rate and 10.91 GIM upon stabilization. Multiple bedrooms in the property are oversized, offering an investor further upside through additional double occupancy bedrooms, bringing the total potential bed count to 27. The property also features solar panels, tankless water heaters, security camera system, and is separately metered for water, gas and electricity. The subject property is a half-mile walk to the main University Park Campus of USC and less than a mile from USC Village. It is also down the street from the Expo/Vermont metro rail station, allowing residents an easy commute to Downtown Los Angeles, Mid-City, and the Westside outside of their daily commute to campus.
    112 days
    on Zillow
    |
    68
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 09:26am

    Listed by:

    Neema Ahadian DRE # 01346750 213-797-2290,

    Marcus & Millichap 310-909-5500

    Source: CLAW,MLS#: 25526259MLS Logo
    Travel times

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 25
    • Bathrooms: 18
    Heating
    • Central
    Cooling
    • Central Air
    Interior area
    • Total structure area: 7,090
    • Total interior livable area: 7,090 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: None
    Features
    • Levels: Three Or More
    • Stories: 3
    Lot
    • Size: 5,710.72 Square Feet
    • Dimensions: 40 x 139
    Details
    • Additional structures: None
    • Zoning: LARD1.5
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 2025

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $677/sqft
    • Tax assessed value: $1,045,288
    • Date on market: 4/16/2025
    • Total actual rent: 404400
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