Los Angeles, CA 90018 1464 W 35th Place
$1,250,000
1 more
Presented By: Kyle Soto with Lyon Stahl Investment Real Estate, Inc.; 310-896-6055
Beds • 11
Baths • 6
SQFT • 4,876
Year Built • 1922
Home Details
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!
Presented By: Kyle Soto with Lyon Stahl Investment Real Estate, Inc.; 310-896-6055
Interior Features for 1464 W 35th Place
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Total Stories2
Other Rooms
Entry Level1
General for 1464 W 35th Place
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.16
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, DogPark
CoolingNone
CountyLos Angeles
DirectionsBetween Denker Ave. and Normandie Ave. on 35th Pl.
ElectricStandard
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income119364.0
HOANo
HOA Fee$0.0
HeatingSeeRemarks
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Exchange1031
Lot Size Square Feet6802.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income76942.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces4.0
Operating Expense38841.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot38
Total Actual Rent9947.0
Trash Expense0.0
ViewNone
Water Sewer Expense0.0
Year Built1922
Year Built SourceAssessor
ZoningLARD2
Exterior for 1464 W 35th Place
Building Area Total4876.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1562
Lot Size Area6802.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,250,000
MLS#SB25040699
List Date
02/26/2025
Property Type
Multi-Family
Phone
(310) 963-5595
