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5-Unit Student Housing Building
New
For Sale
$2,590,000

1372 W 35th Pl, Los Angeles, CA 90007

A bedroom mix offers rental configurations near USC’s University Park Campus.

Property Size5,004 SF
Days on Market5

Property Features for 1372 W 35th Pl

General Information

Standard status Active
Size 5,004 SF
Property subtype MULTI_FAMILY

Financials

Cap Rate 7.23%
Gross Rent Multiplier 8.99

Units

Unit Mix 2 x 3BR/3BA, 2 x 4BR/3BA, 1 x 1BR
Multifamily Units 5

Building Details

Building Size 5,004 SF
Year Built 2022
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Benjamin Lee · License #02123715
Source: Rochellemaize
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 11:04AM

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.

Investment Insights

Based on property information with market context.

Built in 2022, this five-unit apartment property contains 15 beds: two 3-bedroom/3-bathroom units, two 4-bedroom/3-bathroom units, and one 1-bedroom unit. The property is leased for the 2026–2027 academic year. Its in-place income reflects a 7.23% cap rate and an 8.99 GRM.

USC’s University Park Campus and USC Village are within walking distance. The university has more than 46,000 students, with approximately 65% living off campus. The property’s bedroom configurations and proximity to campus define its student-housing profile. Select units may offer the possibility of double occupancy, as described in the property information.

Key Highlights

  • Five units with 15 beds; built in 2022
  • Unit mix: two 3BR/3BA units, two 4BR/3BA units, and one 1BR unit
  • Leased for the 2026–2027 academic year

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,648
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A bedroom mix offers rental configurations near USC’s University Park Campus.
Where is this apartment building located?
The property is located at 1372 W 35th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: Five units with 15 beds; built in 2022; Unit mix: two 3BR/3BA units, two 4BR/3BA units, and one 1BR unit; Leased for the 2026–2027 academic year
More about this property
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