1464-1466 W 35th Pl - Apartments FOR SALE


Los Angeles, CA 90018- South Central LA
$1,250,000 USD
310-738-8989
1464-1466 W 35th Pl, Los Angeles, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/5
null | 6.16% Cap Rate

1464-1466 W 35th Pl
Los Angeles, CA 90018
South Central LA


HIGHLIGHTS

  • First time on the market in 30+ years
  • Great unit mix
  • Approx. 40% upside
  • Less than a mile from USC

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$256 USD /SF

# OF UNITS

5

PRICE/UNIT

$250,000

CAP RATE

6.16%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,795 SF

ZONING

LAR2, Los Angeles

APN/PARCEL ID

5041-011-032

ASK ABOUT THIS PROPERTY

Martin EnsburyLyon Stahl Investment Real EstateMore Info
310-738-8989

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Martin EnsburyLyon Stahl Investment Real EstateMore Info
310-738-8989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.