1359 W 35Th Pl, Los Angeles, CA

Name: 1359 W 35Th Pl, For Sale in Los Angeles - eXp Realty
Brand: Keller Williams Beverly Hills
SKU: 26101615
Price: 3995000 USD

House

For Sale

Listed price in listed location currency (USD).

$3,995,000

34363

MLS® 26101615

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 10602 sqft

Garage

Taxes

Days Active 0

Lot Size 0.117 Acres

Approx. Age 2025

Avg. Price Per Sqft $376

MLS® Number 26101615

Property Address: 1359 W 35th Pl, Los Angeles, CA, 90007

Average square foot calculated using Size range provided by listing agent.

Description

Introducing 1359 W. 35th Place, a premier new-construction student housing investment located just steps from the University of Southern California (USC) and within the DPS Patrol Zone. Newly constructed in 2025, this thoughtfully designed asset features 34 fully permitted bedrooms and 36 bathrooms, a rarity in the USC student housing market, with each bedroom offering a private en-suite bathroom and closet. Now offered at $3, 995, 000, the property represents an exceptional value at just $117, 500 per bedroom and $377 per square foot, offering investors an attractive 8.37% projected cap rate, inclusive of a 3% vacancy reserve and an 8% professional property management fee. The property has been meticulously designed for comfort, functionality, and long-term durability. Each unit contains two washer/dryer hookups and a powder room, and every floor includes its own full kitchen, making daily living convenient for tenants and management efficient for owners. The 10-foot ceilings, premium finishes, and thoughtful layouts elevate this property above standard student rentals, making it ideal for both rent-by-the-room and rent-by-the-bed leasing strategies. A spacious rooftop deck provides sweeping city views and a comfortable communal area for socializing, studying, or relaxing, enhancing the overall living experience and tenant appeal. Its flexible design also accommodates co-living, transitional, or affordable housing opportunities, broadening the potential tenant pool and supporting consistent occupancy. Located just a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, tenants enjoy easy access to Downtown Los Angeles, the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. With the 2028 Olympics approaching and sustained demand from USC students, this brand-new, high-capacity asset represents a rare opportunity to acquire a low-maintenance, high-yield property in one of Los Angeles' most resilient rental submarkets.

MLS® Number26101615

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2025

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Oct 13, 2026List Date

$3,995,000List Price

-End Date

Not Sold YetSold Price

For Sale

Sep 16, 2026List Date

$4,495,000List Price

Commute

Commute

Starting Address

Destination Address

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