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$1,095,000   Price Analysis
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1492 W 35th Pl
Los Angeles, CA 90018
9 bed 4 bath 3,370 SqFt ($324/SqFt)
6,802SqFt lot. Built 1940
Listed 2024-03-25, Taxes $8,978
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We are pleased to present the opportunity to acquire 1492 W.

35th Place, a three (3) unit multifamily investment, located blocks away from the prestigious University of Southern California (USC). This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square fotage of 3, 370 SF on a 6, 800 SF lot.

The unit mix consists of one (1) 2-bedroom + 1-bathroom unit, one (1) 3-bedroom + 1-bathroom unit and one (1) 4-bedroom + 2-bathroom unit. Two (2) units will be delivered vacant upon the close of escrow.


Presented by Davis Saadian at
Carolwood Estates.
Listing Agent Photo

Property MLS #24-372499 from TheMLSCLAW

Bedrooms: 9

Total Bathrooms: 4
Full Bathrooms: 4

Lot Size Acres: 0.1561524
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6802

Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 3
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2575, 2 BedsTotal: 3, 2 BathsTotal: 1, 2 SquareFeet: 3000, 3 BedsTotal: 4, 3 BathsTotal: 2, 3 SquareFeet: 3500

Source Listing Status: Active
County: Los Angeles
Cap Rate: 6
Directions: 1492 W. 35th Place, Los Angeles 90018
Source Property Type: Residential Income
Area: Los Angeles Southwest
Source Neighborhood: Los Angeles Southwest
Parcel Number: 5041-011-037
Postal Code Plus 4: 3955
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$278,879 + $446,206
$725,085
$8,978
2021$273,411 + $437,457
$710,868
$8,853
2020$270,608 + $432,972
$703,580
$8,938
2019$265,302 + $424,483
$689,785
$8,595
2018$260,100 + $416,160
$676,260
$8,480
2017$255,000 + $408,000
$663,000
$8,301
2016$207,982 + $183,515
$391,497
$5,007
2015$204,858 + $180,759
$385,617
$4,938
2014$200,846 + $177,219
$378,065
$4,974
2013$199,939 + $176,419
$376,358
$4,968
2012$196,019 + $172,960
$368,979
$5,034
2010$192,176 + $169,569
$361,745
$4,948
2009$191,194 + $168,702
$359,896
$4,765
2009$190,740 + $168,302
$359,042
$4,765
2008$187,446 + $165,395
$352,841
$4,572
2007$183,771 + $162,152
$345,923
$4,414

Listed 2024-03-25
$1,095,000
TheMLSCLAW
Listing removed 2022-09-21
$0
TheMLSCLAW
Listed 2022-07-20
$1,050,000
TheMLSCLAW
Listing removed 2016-04-25
$639,000
TheMLSCLAW
Sold 2016-04-20
$650,000
Public Record
Listed 2016-03-04
$639,000
TheMLSCLAW
Listing removed 2015-12-03
$659,000
TheMLSCLAW
Price Changed 2015-11-08
$659,000
TheMLSCLAW
Listed 2015-08-10
$699,000
TheMLSCLAW
Listing removed 2003-02-21
$325,000
ITECH
Sold 2002-11-20
$320,000
ITECH
Listed 2002-09-12
$325,000
ITECH
Listed 2002-08-21
$325,000
ITECH
Listed 2002-08-20
$325,000
ITECH
Listed 2002-08-20
$325,000
SoCalMLS
Sold 2002-06-12
$225,000
ITECH
Listed 2001-11-15
$203,000
ITECH
Sold 1997-07-14
$235,000
Public Record

Net Operating Income: 65749

Total Square Feet Living: 3370
Year Built: 1940
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 84
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Range/Oven, Refrigerator

Foshay Learning Center is a public elementary, middle and high school located approximately 0.4 miles away.
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Dorothy Brown School is a private middle and high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.