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6-Unit Student Housing Building

1314 W 35th Pl, Los Angeles, CA 90007

For Sale
New
$5,399,000

Every bedroom has its own bathroom, with unit configurations ranging from four to eight bedrooms.

Property Size10,299 SF
Days on Market7

Property Features for 1314 W 35th Pl

General Information

Standard status Active
Size 10,299 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Financials

Cap Rate 7.18%
Gross Rent Multiplier 9.05

Site & Location

Neighborhood South Los Angeles

Units

Unit Mix 3 x 4BD/4BA, 2 x 7BD/7BA, 1 x 8BD/8BA
Multifamily Units 6

Additional Details

Tenant in Place Yes

Building Details

Building Size 10,299 SF
Year Built 2023
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Benjamin Lee · License #02123715
Source: Rochellemaize
Added: Nov 2 Changed: Nov 5 Last Checked: Nov 6 at 3:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Rey
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Investment Insights

Based on property information with market context.

Completed in 2023, this six-unit student housing property contains 34 beds. Its mix comprises three 4-bedroom/4-bathroom units, two 7-bedroom/7-bathroom units, and one 8-bedroom/8-bathroom unit. The property is fully leased to students for the current academic year, and each bedroom has a private bathroom. It is non-RSO and exempt from AB 1482 rent caps for 15 years from its certificate of occupancy.

The property is within walking distance of USC’s University Park Campus and USC Village and is inside the USC DPS patrol area.

Key Highlights

  • 34 student beds across six units
  • Unit mix: three 4BD/4BA, two 7BD/7BA, and one 8BD/8BA
  • Private bathroom in every bedroom

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,674
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Every bedroom has its own bathroom, with unit configurations ranging from four to eight bedrooms.
Where is this apartment building located?
The property is located at 1314 W 35th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,399,000.
What are key features of this property?
This property features: 34 student beds across six units; Unit mix: three 4BD/4BA, two 7BD/7BA, and one 8BD/8BA; Private bathroom in every bedroom
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