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Cindy Russo

Engel & Völkers

cindy.russo@engelvoelkers.com +1(908) 797-8066

$ 1,250,000

Est. payment -/mo

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Active Under Contract

1464 W 35th PL Los Angeles, CA 90018

6,804 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25040699

HOA Y/N No

Year Built 1922

Lot Size 6,804 Sqft

Property Sub-Type Apartment

Property Description

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!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD2

Interior

Heating See Remarks

Cooling None

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Curbs, Dog Park

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5041011032

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Kyle Soto Lyon Stahl Investment Real Estate, Inc. 310-896-6055

Cindy Russo

Global Real Estate Advisor | License ID: 02062752

+1(908) 797-8066

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