1327 W 35th Street, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath

1327 W 35th Street, Los Angeles, California 90007 home-pic-0
ACTIVE$1,599,900
1327 W 35th Street, Los Angeles, California 90007
0Bed
0Bath
4,108Sqft
6,905Lot
Year Built
1913
Close
-
List price
$1.6M
Original List price
$1.7M
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
PW25136696
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.60M(50th), sqft - 4108(50th), beds - undefined(50th), baths - undefined(50th).

Student housing investment property located at 1327 West 35th Street in Los Angeles, California near the world-renowned University of Southern California! The property’s location demands premium student housing rental rates, making this an outstanding acquisition opportunity for an investor looking for strong in-place cash flow, and current rents offer an additional nine percent rental upside. Furthermore, attractive seller financing is available to qualified buyers. 1327 West 35th Street comprises a massive three-story, eight-bedroom/six-bathroom Craftsman mansion and a rear service house that features four bedrooms and two baths. The property has been renovated and boasts amenities such as new kitchen appliances, furnished rooms with mini fridges, laundry facilities, on-site parking, secure entry, and a bike storage room. The property’s excellent location within the DPS Patrol Zone and walking distance to campus make it a fantastic student housing option. Student housing needs continue to grow, and two brand new developments aimed toward student rentals are on the same block as 1327 West 35th Street with several others underway nearby.

Price History

Date
Event
Price
10/06/25
Price Change
$1,599,900-3.0%
09/02/25
Price Change
$1,650,000-2.9%
06/18/25
$1,700,000
03/20/14
Sold
$461,004
Condition Rating
Good

Despite being built in 1913, the property has undergone renovations, including new kitchen appliances, making it move-in ready. The bathrooms appear clean and functional, likely updated within the last 10-15 years, though not ultra-modern. Hardwood floors are well-maintained, and the exterior shows good upkeep. The property meets the criteria for 'Good' as it's extensively renovated within the 5-15 year timeframe, with functional systems and minimal wear and tear, suitable for its intended use as student housing.
Pros & Cons

Pros

Strategic Location: Directly adjacent to USC, within the DPS Patrol Zone, and walking distance to campus, ensuring high demand from students.
Robust Cash Flow & Upside Potential: Positioned as an outstanding investment with strong in-place cash flow and an additional 9% rental upside.
Comprehensive Student-Oriented Amenities: Recently renovated with new appliances, furnished rooms, mini-fridges, laundry, secure entry, on-site parking, and bike storage, appealing directly to student renters.
High Occupancy Capacity: Comprises a large 8-bedroom/6-bathroom main house and a 4-bedroom/2-bathroom rear service house, maximizing rental income potential.
Flexible Financing Option: Attractive seller financing is available, potentially lowering barriers to entry for qualified investors.

Cons

Growing Market Competition: The presence of new student housing developments on the same block and nearby indicates increasing competition for tenants.
Age of Property: Built in 1913, despite renovations, the property's age may lead to unforeseen maintenance issues or higher long-term upkeep costs.
Recent Price Adjustments: Multiple price reductions from the original listing price could signal an initial overvaluation or a slower-than-expected market response.

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