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$4,995,000
Est. payment /mo
34 Beds
10,602 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 10,602 sqft
Price per Sqft $471
MLS Listing ID CL25621251
Bedrooms 34
HOA Y/N No
Year Built 2025
Lot Size 5,095 Sqft
Acres 0.12
Property Sub-Type OTHER
Property 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 oversized bedrooms and 36 bathrooms, with each bedroom offering a private en-suite bathroom and closet. Priced at $4,995,000, this represents an attractive $146,900 per bedroom and $471 per square foot, offering investors a strong 8.04% cap rate (which already accounts for 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, tra
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Exterior
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 5040004008
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Listed by Adam Shamooelian • Keller Williams Beverly Hills
_Our #1 priority is to find and attract mastery-based agents to partner with, protect our culture, and support our clients needs and desires."
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