Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1529 35Th Pl Los Angeles, CA 90018

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1529 35Th Pl Los Angeles, CA 90018

    View on Map
    • Dormitories
    • 8,159 SF
    Off-Market
    Property ID
    US09-8363898
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dormitories

    Property Details for 1529 35Th Pl

    Year built
    2024
    Property size
    8,159 SF
    Property type
    Dormitories
    Property subtype
    Student housing

    Description

    This exceptional new construction student housing fourplex presents a compelling investment opportunity. Located just one mile from the University of Southern California, at 1529 W 35th Pl, Los Angeles, CA 90018, this property offers unparalleled convenience and high demand. The 8,159 square foot building, constructed in 2024, comprises two three-story buildings with four units totaling 25 bedrooms and 25 bathrooms. Each unit features modern kitchens with dual stainless steel appliances, in-unit laundry, and premium finishes. Currently boasting 96% occupancy, the property generates a 5.58% cap rate, projected to increase to 5.91% at full occupancy. The property sits on a 6,801 square foot lot and includes six parking spaces. The building is zoned LAR4. The asking price is $3,750,000, translating to $459.62 per square foot and $937,500 per unit. The property is fully operational, with management in place, offering a turnkey solution for investors. The large garage (900 sq ft) presents potential for conversion and additional rental income. All units have separate meters for gas, electric, and water. This is a rare opportunity to acquire a stabilized, cash-flowing asset in a highly competitive rental market, particularly given the limited new construction due to SB-8. This property is a truly exceptional investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.30397595
    Latitude
    34.02372616

    Comparable in this City

    • $829,000
      2,714 SF

      Los Angeles Duplex Near USC

      Investment opportunity near USC, Downtown LA, SOFI Complex and LAX.
      1729 W 35Th St, Los Angeles, CA 90018
      View Details
    • $4,500,000
      9,056 SF

      Los Angeles Duplex Investment Opportunity

      Duplex near USC, ideal for investors seeking stable cash flow.
      1444 W 37Th St, Los Angeles, CA 90018
      View Details
    • $2,385,000
      6,120 SF

      Jefferson Park Multifamily Investment Opportunity

      Garden-style multifamily property in historic Jefferson Park neighborhood.
      2867 Edgehill Dr, Los Angeles, CA 90018
      View Details
    • $8,799,000

      New Construction Co-Living Buildings

      Two new co-living buildings near USC, 25 beds/baths each.
      1571 West 37Th St, Los Angeles, CA 90018
      View Details
    • $3,998,888
      8,036 SF

      New Multifamily Building Near USC

      New construction multifamily property near USC with strong cash flow.
      1625 W 37Th Pl, Los Angeles, CA 90018
      View Details
    • $1,299,999
      3,340 SF

      Los Angeles Fourplex with Upgrade Potential

      Well-maintained fourplex in a strong rental market with ADU potential.
      1931 W 35Th St, Los Angeles, CA 90018
      View Details

    Similar Nearby for Sale

    • $1,299,999
      3,340 SF

      Los Angeles Fourplex with Upgrade Potential

      Well-maintained fourplex in a strong rental market with ADU potential.
      1931 W 35Th St, Los Angeles, CA 90018
      View Details
    • $789,000

      Craftsman Duplex Near USC Campus

      Classic Craftsman duplex in Jefferson Park, Los Angeles, near USC.
      3417 4Th Ave, Los Angeles, CA 90018
      View Details
    • $2,800,000
      12,816 SF

      Multifamily Opportunity in West Adams

      18-unit multifamily property with significant rental upside potential.
      22Nd St, Los Angeles, CA 90018
      View Details
    • $4,750,000

      New Multifamily Investment Opportunity

      Two new construction fourplexes near Expo/Crenshaw Metro Station.
      3612 10Th Ave, Los Angeles, CA 90018
      View Details
    • $1,495,900
      4,740 SF

      Los Angeles Multifamily Investment Opportunity

      Six-unit building with recent updates and long-term tenants.
      3305 W 21St St, Los Angeles, CA 90018
      View Details
    • $2,375,000
      5,454 SF

      New Fourplex in Jefferson Park

      New construction fourplex near Expo/Crenshaw Metro Station.
      3608 10Th Ave, Los Angeles, CA 90018
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Retail Space in New Development

      Retail space for lease in new mixed-use development.
      3300 W Washington Blvd, Los Angeles, CA 90018
      View Details
    • $3 SF/Yr

      Exposition Boulevard Standalone Office Building

      Office building with high-end finishes, garden, and ample parking.
      2611 Exposition Blvd, Los Angeles, CA 90018
      View Details
    • Contact for pricing
      8,700 SF

      West Adams Creative Office Space

      Creative office space with fenced parking in West Adams.
      1909 W Adams Blvd, Los Angeles, CA 90018
      View Details
    • Contact for pricing

      Industrial Property 100% Leased

      Industrial property, currently 100% leased, no availability.
      3641 10Th Ave, Los Angeles, CA 90018
      View Details
    • $1.75 SF/Yr
      2,330 SF

      Retail/Office Space Available

      Retail or office space suitable for various business types.
      1985 W Adams Blvd, Los Angeles, CA 90018
      View Details
    • $2 SF/Yr
      33,672 SF

      Retail Space Available For Rent

      In-line retail space available for rent.
      4000-4060 W Washington Blvd, Los Angeles, CA 90018
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1529 35Th Pl
    Los Angeles, CA 90018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!