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1359 W 35th Place

Los Angeles, CA 90007
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Bed 34

Bed

Bath 36

Bath

SqFt10,602

Sqft

SqFt5,095

Sqft(Lot)

Introducing 1359 W. 35th Place, a premier new-construction student housing investment located just steps from the University of Southern California (USC) and within the DPS Patrol Zone. Newly constructed in 2025, this thoughtfully designed asset features 34 fully permitted bedrooms and 36 bathrooms, a rarity in the USC student housing market, with each bedroom offering a private en-suite bathroom and closet. Priced at $4,495,000, this represents an attractive $132,206 per bedroom and $424 per square foot, offering investors a strong 7.61% cap rate (which already accounts for an 8% professional property management fee). The property has been meticulously designed for comfort, functionality, and long-term durability. Each unit contains two washer/dryer hookups and a powder room, and every fl oor includes its own full kitchen, making daily living convenient for tenants and management efficient for owners. The 10-foot ceilings, premium finishes, and thoughtful layouts elevate this property above standard student rentals, making it ideal for both rent-by-the-room and rent-by-the-bed leasing strategies. A spacious rooftop deck provides sweeping city views and a comfortable communal area for socializing, studying, or relaxing, enhancing the overall living experience and tenant appeal. Its flexible design also accommodates co-living, transitional, or affordable housing opportunities, broadening the potential tenant pool and supporting consistent occupancy. Located just a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, tenants enjoy easy access to Downtown Los Angeles, the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. With the 2028 Olympics approaching and sustained demand from USC students, this brand-new, high-capacity asset represents a rare opportunity to acquire a low-maintenance, high-yield property in one of Los Angeles' most resilient rental submarkets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,495,000

AD Id : 91288976

MLS Id : 26668011

Beds : 34

Lot Size : 5,095 Sq. Ft

Living Area Size : 10,602 Sq. Ft

Year Built : 2025

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 34

    Bathroom Information

    Total Baths: 36

  • Building Information

    Year Built: 2025
    Building Area Total: 10602
    Private Pool: No

  • Lot Information

    Lot Dimensions: 37x136 Main Square Feet: 5095 Lot Size Acres: 0.117 Lot Size Square Feet: 5,095

  • Listing Price Information

    Listing Price: $4495000

  • Tax Information

    Parcel Number: 5040004008

  • Parking Information

    Parking Total: 3

  • Location Information

    Direction: 1359 W. 35th Pl, 90007
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- 16 8,540 12,295 Sq. Ft
1943 Estrella Avenue, Los Angeles, CA, 90007 $1,250,000 8 4 5,458 0.14 Acre
920 W 20th Street, Los Angeles, CA, 90007 $1,200,000 7 5 3,946 6,377 Sq. Ft
1011 W 20th, Los Angeles, CA, 90007 $1,350,000 7 4 2,511 5,916 Sq. Ft
1030 W 20th Street, Los Angeles, CA, 90007 $975,000 5 2 2,001 5,930 Sq. Ft
1030 W 20th Street, Los Angeles, CA, 90007 $975,000 5 2 2,001 5,930 Sq. Ft
2127 Portland Street, Los Angeles, CA, 90007 $1,600,000 11 11 3,715 6,152 Sq. Ft
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 6,065 Sq. Ft
1125 W 22nd Street, Los Angeles, CA, 90007 $800,000 3 2 1,872 5,500 Sq. Ft
721 W 30th Street, Los Angeles, CA, 90007 $6,950,000 25 23 12,928 11,795 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/19/2026 @ 12:12

MLS: 26668011 LISTED BY: Adam Shamooelian, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS

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