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1326 35th Place, Los Angeles, CA 90007
Priced at Only: $12,100,000
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Address: 1326 35th Place, Los Angeles, CA 90007
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  • MLS#: WS26012670 ( Multi Family )
  • Street Address: 1326 35th Place
  • Viewed: 1
  • Price: $12,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 0
  • Days On Market: 34
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90007
  • Provided by: All Prestige Realty Inc.
  • Contact: JING JING
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Fantastic opportunity to purchase a newly constructed 70 room student housing facility (including 4 ADUs) within a half mile proximity to USC with A+ Interior Buildouts compared to the competition, in amazing condition. The subject is a 12 unit, four story, 2024 built co living student housing apartment complex with a unit mix consisting of four bedroom, seven bedroom, and nine bedroom units exhibiting an average size of 1,794 square feet. It is operating as a fully furnished co living apartment with 70 bedrooms leased individually on a per bedroom basis with a 308 square foot average bedroom suite size. The project is leased as a fully furnished Co Living apartment, on a per bedroom suite basis. The living room and dining room include sofas, tables, desks, chairs, fixtures, and furnishings. Unit amenities include central air conditioning, dishwasher, keyless entry, premium appliances, premium flooring, range hood, range/stove, refrigerator, in unit washer/dryer and solar. Bedrooms include bed, dresser, desk, chair, etc. Cookware, dishware, silverware, cleaning supplies, soft goods and furnishings are not included in the sale price. Project amenities include secured access and security surveillance. Subject parking is comprised of 10 surface spaces. The subject is currently fully occupied.
Features
Additional Parcels Description
  1. 5050005018
Assetclass
  1. Multi-Family
Building Area Total
  1. 21528.00
Commoninterest
  1. None
Construction Materials
  1. Concrete
  2. Drywall Walls
  3. Ducts Professionally Air-Sealed
  4. Fiberglass Siding
  5. Glass
  6. Stucco
Cooling
  1. Central Air
Country
  1. US
Current Financing
  1. Conventional
Current Use
  1. Multi-Family
Current Use Comments
  1. Student housing
Electric
  1. Standard
Expense Year
  1. 320116
Fencing
  1. Wrought Iron
Heating
  1. Central
Land Use
  1. Multi-Family
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Inside
Netoperatingincome
  1. 723010.00
Parcel Number
  1. 5040005017
Property Type
  1. Multi Family
Roof
  1. Flat
Security Features
  1. Automatic Gate
  2. Gated Community
  3. Security System
  4. Smoke Detector(s)
Totalmonthlyrent
  1. 86927
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Available
  5. Sewer Connected
  6. Water Connected
Water Source
  1. Public
Year Built
  1. 2024
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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