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USC Value Add-Student Housing Opportunity 1281 W 35th St

3 Unit Apartment Building $2,500,000 ($833,333/Unit) Los Angeles, CA 90007

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Investment Highlights

Student Housing Investment opportunity
Potential ADU - Value Add
Great Location : Easy access to FWY 10 & 110

USC Patrol Zone
Excellent Unit Mix

Executive Summary

Coldwell Banker Realty is pleased to present the opportunity to acquire a 3 unit apartment building in Los Angeles adjacent USC, located within USC Patrol Zone.Built in 1906 and expanded 2010,the subject property offers a unit mix of 1 four-bedroom four-bathroom,
1 five-bedroom three-bathroom, and1 six-bedroom two-bathroom.
Gas and electricity (Solar Panel) are separately metered while water is mastered.
Most of the interior units were upgraded in 2021, designed with co-living in mind.
The building features stucco and wood- frame construction and provides seven parking spots for on-site tenants.
This is an exceptional opportunity for student housing investment, where tenant leases typically align with the academic calendar of one of the nation’s top private universities.

Property Facts

Price	$2,500,000	Building Class	C
Price Per Unit	$833,333	Lot Size	0.16 AC
Sale Type	Investment	Building Size	5,178 SF
No. Units	3	No. Stories	2
Property Type	Multifamily	Year Built	1906
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	1.35/1,000 SF
Apartment Style	Low Rise

Price	$2,500,000
Price Per Unit	$833,333
Sale Type	Investment
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low Rise
Building Class	C
Lot Size	0.16 AC
Building Size	5,178 SF
No. Stories	2
Year Built	1906
Parking Ratio	1.35/1,000 SF