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1302 W 35Th Pl, Los Angeles, CA 90007
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1302 W 35Th Pl Los Angeles, CA 90007

$1,490,000
  • 17 Beds
  • 6 Baths
  • 3,144 Sq.Ft.
For Sale
$1,490,000 Get Pre-Qualified
Map preview of 1302 W 35Th Pl, Los Angeles, CA 90007

Property Overview: 1302 W 35Th Pl Los Angeles, CA has 17 bedrooms, 6 bathrooms, 3,144 living square feet and 6,801 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This unique Triplex consist of 2 story building in front with 4 beds, 1 bath upstairs and 2 bed 1 bath down with a separate unit in back with 2 beds,1bath. totaling 3,144 sq. ft. on a 6,799 sq. ft. lot with LARD1.5 Zoning. EXCELLENT Developer/ investors opportunity seeking the perfect property for new unit construction, condos, or ADU's. Situated in the heart of Los Angeles USC area, close to LACC, Trade Tech, The Coliseum, Downtown L.A., shopping centers, the Science Museum, and an array of dining and entertainment options. Property has elongated driveway with designated parking spaces and an inside laundry area. The property's rear connects to its sister property on 36th Street. The owner is also selling the adjacent property to the south separately. Parcel #5040-006-019, a duplex with 2 units featuring 2 bedrooms and 1 bathroom each. Both properties are being sold "AS IS!" Both PARCELS TOGETHERS TOTAL 13,601 SQ FT LOT SIZE. Please Do not disturb occupants! Seller is motivated! SUBMIT ALL OFFERS

Listed by Teresa Peters | BRE #01061510 | Teresa Peters Executive Rlts
Last checked: 15 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 52
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Home details

Lot Sq. Ft
6,801
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24362877
City
Los Angeles
County
Los Angeles
Time on Site
69 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,314
  • Total Rent: $1,314
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,329
  • Total Rent: $1,329
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 78.82
  • Gross Scheduled Income: --
  • Net Operating Income: $57,752
  • Gross Operating Income: $62,916
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1302 W 35Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Carpet
  • Living Room, Family Room, Formal Entry, Primary Bathroom, Center Hall
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Ceiling Fan(s), 2 Staircases
  • Levels: Multi/Split
  • Window Features: Blinds
  • Security Features: Window Bars, Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Concrete
Lot Information
  • Lot Features: Back Yard, Utilities - Overhead, Front Yard, Yard, No Landscaping
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5040006023
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
  • Association Amenities: Gas, Electricity
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Head west toward Raymond, Turn left onto Raymond Ave. Turn left onto W 35th Pl. Destination will be on the right.
View more facts & features

Local Los Angeles Agent

Sale History for 1302 W 35Th Pl

View property's historical transactions

  • February, 2024

  • Feb 29, 2024

    Date

    Active

    CRMLS: 24362877

    $1,490,000

    Price

  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: 22217819

    $2,000,000

    Price

  • Nov 12, 2022

    Date

    Active

    CRMLS: 22217819

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    An amazing opportunity for Developers and Investors who are looking for the right property to build new units, Condos or ADU's. This property is just what you are looking for! Located in the heart of Los Angeles, minutes from USC, Los Angeles City College and Trade Tech, The Coliseum, Downtown L.A., Shopping Centers, The Science Museum and a myriad of fine dining and entertainment, this unique 2-Story building has is a 4 Unit Duplex Sq. Ft. 3,144 - Lot Size: 6,799 with LARD1.5 Zoning. The rear of this property leads into and is adjacent to its sister property. Back-to-back, this one is on 35th Place and the other is on 36th Street. This property offers 2 units downstairs with 2 bedrooms with 1 bathroom. The spacious upstairs unit has 3 bedrooms with 1 bathroom. This unit will be rendered VACANT at Close of Escrow. Large driveway with designated parking spaces and inside laundry area. All units are under Rent Control and Section 8. Seller would like to sell the adjacent property to the south, which is a Duplex with 2 units, with 2 bedrooms and 2 bathrooms. 1301 W. 36th Street, Los Angeles 90007 MLS NO: 22-215451. Both properties are being sold "AS IS!" with absolutely no concessions. Seller would like an all-Cash offer and short close of escrow. PLEASE DO NOT DISTURB THE TENANTS!! Seller Motivated! PLEASE DO NOT DISTURB THE TENANTS!! One unit will be rendered VACANT at the Close of Escrow.

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Tax History for 1302 W 35Th Pl

Assessed Value (2020): $49,711
Year Land Value Improved Value Assessed Value
2020 $25,307 $24,404 $49,711

Home Value Compared to the Market

This property vs the competition

1302 W 35Th Pl is listed 20.65% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $473.92 per/sqft which puts the price per square foot 38.77% lower than the median price per square foot for the city of Los Angeles.

About 1302 W 35Th Pl

Detailed summary of property

1302 W 35Th Pl is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 17 bedrooms, 6 bathrooms, roughly 3,144 living square feet, and sits on an approximately 6,801 square foot lot. 1302 W 35Th Pl was first listed on ArdentRealEstateGroup.com on March 2, 2024. The homeowner is currently asking $1,490,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.65% higher than the median priced home. Local competing homes currently for sale include 3913 S Budlong Ave, 1399 W 39th St and 1399 W 39th St. While the average home in Los Angeles, CA is selling in 94 days, 1302 W 35Th Pl has a days on market of 52 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1302 W 35Th Pl Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1302 W 35Th Pl

Public county record property details
Beds
2
Baths
1
Year built
1905
Sq. Ft.
3,144
Lot Size
6,799
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5040-006-023

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
11
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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