1261 West 35th Place

Los Angeles, CA 90007

$1,499,000
Price
4
Beds
2
Baths
2,169 Sq. Ft.
$691 / Sq. Ft.
2,169
Sq. Ft.
$691
per Sq. Ft.

Description

Great usc student housing portfolio with new ready to issue are fully approved (3 units) plus adu plans are available for your review. The expired remodeling plans are also available. No tenants. Great investment opportunities for usc student housing rental on the desirable dps patrol and lyft zone, offering convenient transportation services. A few blocks from usc vermont entrance.Great usc student housing portfolio with new ready to issue are fully approved (3 units) plus adu plans are available for your review. The expired remodeling plans are also available. No tenants. Great investment opportunities for usc student housing rental on the desirable dps patrol and lyft zone, offering convenient transportation services. A few blocks from usc vermont entrance.
  1. Listed by Young-Hoon June • DRE #01017316 • Brokerage DRE #01017316 • Young-Hoon June

Property Details for 1261 West 35th Place

Zoning
LARD1.5
Cross Streets
BUDLONG
Parcel Number
5040020018
Total Units
3.0
Living Area
2169
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
vacancy

Location

Listing Courtesy of Young-Hoon June, Young-Hoon June, DRE #01017316
Add your commute
LISTING UPDATED: 05/21/2024 12:01 AM

Property Details for 1261 West 35th Place

StatusActive
MLS #24-391165
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.13 AC / 5,656 SF
CountyLos Angeles County

Location

Listing Courtesy of Young-Hoon June, Young-Hoon June, DRE #01017316
Add your commute

Building Information for 1261 West 35th Place

Stories2Residences-Year Built1907Building Size-Lot Size0.13 AC / 5,656 SF

Payment Calculator

$9,179 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,181

Property Taxes

$998

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1261 West 35th Place

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: MULTI FAMILY
  • Security Features: Gated
  • Water Heaters: Yes
  • Water Heater Features: Gas
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash
  • Disclosures: Building Permit, As Is, Building Plans Available
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $188,700
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $222,000.00
  • Actual Rent Total: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1298
  • Lot Size Square Feet: 5656
  • Lot Description: 2-4 Lots
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 3
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 05-13-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $15,000.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $381,309.00
  • Assessed Improvement Percent: 40.22
  • Assessed Land Value: $566,811.00
  • Assessed Land Percent: 59.78
  • Assessed Total Value: $948,120.00

Property History for 1261 West 35th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1261 West 35th Place

Taxable ValueLand$578,147Additions$389,355Total$967,502
Tax Record2023$11,974 ($998 / month)
Home Facts
Total Finished SqFt2,169 SqFtAbove Grade Finished SqFt2,169 SqFtLot Size5,656 SqFtStyleDuplexYear Built1907ZoningLARD1.5CountyLOS ANGELESAPN5040-020-018

Schools near 1261 West 35th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
John W. Mack Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1261 West 35th Place is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on May 13, 2024 by Young-Hoon June, it's currently listed at $1,499,000. It has been on the market for a total of 21 days and was last sold on December 4, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include John W. Mack Elementary School, Foshay Learning Center and Manual Arts Senior High School. 1261 West 35th Place is a 4-bed, 2-bath, 2,169 sqft multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Young-Hoon June, Young-Hoon June, DRE #01017316

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.