1723 W 35th Place, Los Angeles, California 90018, Los Angeles, 90018 - bed, bath
ACTIVE$898,998
1723 W 35th Place, Los Angeles, California 90018
0Bed
0Bath
2,386Sqft
6,799Lot
Year Built
1945
Close
-
List price
$899K
Original List price
$949K
Price/Sqft
$377
HOA
-
Days on market
-
Sold On
-
MLS number
GD25182469
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $899.0K(62th), sqft - 2386(50th), beds - undefined(50th), baths - undefined(50th).
This property offers excellent potential near USC. Each unit includes its own private garage—ideal for investors or first-time buyers. Contact us for more information. One unit will be delivered vacant at closing. Seller may credit the buyer for the relocation fee associated with the second tenant. Current rental income is $2,600, and the vacant unit is projected to rent for approximately $2,500. This brings the potential total gross rental income to $5,100 per month.
Nearby schools
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.1mi
3/10
Lenicia B. Weemes Elementary School
Public,•K-5•0.8mi
3/10
Sixth Avenue Elementary School
Public,•K-5•0.8mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.9mi
2/10
John W. Mack Elementary School
Public,•K-5•0.9mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.9mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.6mi
3/10
Normandie Avenue Elementary School
Public,•K-5•1.6mi
/10
Maple Primary Center
Public,•K-1•2.3mi
3/10
Trinity Street Elementary School
Public,•K-5•2.4mi
2/10
Audubon Middle School
Public,•6-8•1.5mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.5mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•2.0mi
5/10
Foshay Learning Center
Public,•K-12•0.4mi
3/10
Manual Arts Senior High School
Public,•9-12•1.5mi
4/10
West Adams Preparatory High School
Public,•9-12•1.6mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.1mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
5/10
Santee Education Complex
Public,•9-12•2.7mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.5mi
Price History
Date
Event
Price
12/03/25
Price Change
$898,998-0.0%
11/09/25
Price Change
$899,000-2.8%
10/05/25
Price Change
$924,999-2.5%
08/13/25
Listing
$949,000
04/06/17
Sold
$555,000
Condition Rating
Poor
Built in 1945, this property is explicitly noted in the MLS analysis as 'likely to require significant updates to systems, infrastructure, and aesthetics, potentially leading to substantial renovation costs.' The description also lacks details on recent upgrades, suggesting it may be in original or dated condition. The exterior images show signs of neglect, including peeling paint/stucco, old awnings, and a messy yard. Without interior photos, and given the age and explicit need for 'substantial renovation costs,' the property is in a state requiring significant repairs and rehabilitation, aligning with a 'poor' condition score.
Pros & Cons
Pros
Strong Income Potential: As a triplex, the property offers significant income potential with a projected total gross rental income of $5,100 per month, making it attractive for investors.
Prime Location: Situated near USC, the property benefits from a high-demand rental market, ensuring consistent tenant interest and potential for long-term appreciation.
Immediate Vacancy & Flexibility: One unit will be delivered vacant at closing, providing the buyer with immediate flexibility for owner-occupancy or selecting a new tenant at market rates.
Private Garages: Each unit includes its own private garage, a highly desirable amenity in an urban setting like Los Angeles, adding value and convenience for tenants.
Seller Motivation & Price Adjustment: Multiple price reductions from the original list price indicate a motivated seller, potentially offering a more competitive acquisition opportunity for buyers.
Cons
Age of Property: Built in 1945, the property is likely to require significant updates to systems, infrastructure, and aesthetics, potentially leading to substantial renovation costs.
Tenant Relocation Complexity: While the seller offers a credit, managing the relocation of an existing tenant can be a complex and time-consuming process, potentially delaying full occupancy or renovation plans.
Unspecified Condition/Renovation Needs: The description lacks details on recent upgrades or the current condition of the units, suggesting the property may be in original or dated condition, necessitating further investment for modernization.