Los Angeles, CA 90007,1326 W 35th Place
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Los Angeles, CA 90007,1326 W 35th Place
Los Angeles, CA 90007,1326 W 35th Place
Los Angeles, CA 90007,1326 W 35th Place
Los Angeles, CA 90007,1326 W 35th Place
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Levon Arzumanyan

Levon Arzumanyan

+1(213) 414-8088
$ 12,000,000
Est. payment /mo
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1326 W 35th Place Los Angeles, CA 90007

0.31 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26012670

HOA Y/N No

Year Built 2024

Lot Size 0.312 Acres

Property Sub-Type Multi Family

Property 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 fullyoccupied.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Fence Wrought Iron

Community Features Gated

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Flat

Present Use Multi-Family

Building

Lot Description 11-15 Units/Acre, Back Yard, Front Yard, Level, Paved, Yard

Story 4

Water Public

Others

Tax ID 5040005017

Security Features Security System,Security Gate,Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by JING GAO All Prestige Realty Inc. 626-500-8908
Levon Arzumanyan

Levon Arzumanyan

Director, Estates Division | License ID: 01836944

+1(213) 414-8088

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1326 W 35th Place