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1449 W 35Th Pl, Los Angeles, CA 90018
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1449 W 35Th Pl Los Angeles, CA 90018

$1,750,000 Sold Price as of 11/01/2021
  • 10 Beds
  • 5 Baths
  • 3,524 Sq.Ft.
Sold
$1,750,000 Sold Price as of 11/01/2021 Refinance Your Mortgage
Map preview of 1449 W 35Th Pl, Los Angeles, CA 90018

Property Overview: 1449 W 35Th Pl Los Angeles, CA has 10 bedrooms, 5 bathrooms, 3,524 living square feet and 6,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE REDUCTION!! Will sell fast! This building is newly remodeled with great tenants in place paying market rents. Great cap rate. Don't miss this opportunity to own a great building, walking distance to USC. Mainly USC students in building. On site laundry. Plenty of parking. Soft Story completed.

Listed by William Creed | BRE #01880695 | Clement Partners Real Estate
Co-listed by Dan Kolodziejski | BRE #00655202 | Clement Partners Real Estate
Last checked: 4 minutes ago | Last updated: March 16th, 2024 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
6,800
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21769544
City
Los Angeles
County
Los Angeles
Time on Site
1007 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $96,350
  • Gross Operating Income: $129,600
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1449 W 35Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 5041010010
Location / Neighborhood
Location Information
  • Directions: South Down Normative West on 35th PL
View more facts & features

Local Los Angeles Agent

Sale History for 1449 W 35Th Pl

Last leased for $2,150 on December 24th, 2021

  • March, 2024

  • Mar 15, 2024

    Date

    Canceled

    CRMLS: 24350039

    $2,495

    Price

  • Jan 20, 2024

    Date

    Active

    CRMLS: 24350039

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    This upper 2 Bedroom, 1 Bath Unit is ready for move-in! This unit has wood flooring throughout, and includes one reserved parking space at the rear of the building.

  • December, 2021

  • Dec 24, 2021

    Date

    Leased

    CRMLS: 21107947

    $2,150

    Price

  • Nov 26, 2021

    Date

    Active

    CRMLS: 21107947

    $2,325

    Price

  • Listing provided courtesy of CRMLS

    $2,295 - 2 Bedroom 1 Bathroom Apartment In Los Angeles With Great Amenities | Amazing apartment in Los Angeles. Amenities included: central air, central heat, hardwood floors, stainless steel appliance, updated kitchen, updated bathroom, and laundry in building. Utilities included: water. Is not pet friendly. Date Available: Nov 11th 2021. $2,295/month rent. $3,000 security deposit required.. This property is managed by LAX Property Management LLC.

  • August, 2021

  • Aug 6, 2021

    Date

    Active

    CRMLS: 21769544

    $1,825,000

    Price

  • November, 2020

  • Nov 6, 2020

    Date

    Canceled

    CRMLS: 20650900

    $1,599,000

    Price

  • Oct 23, 2020

    Date

    Active

    CRMLS: 20650900

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    This building is newly remodeled with great tenants in place paying market rents. 6.2%+ cap rate. Don't miss this opportunity to own a great building, walking distance to USC. On site laundry. Plenty of parking. Soft Story permits will be furnished before COE.

  • September, 2020

  • Sep 29, 2020

    Date

    Canceled

    CRMLS: 20628090

    $1,685,000

    Price

  • Sep 4, 2020

    Date

    Active

    CRMLS: 20628090

    $1,685,000

    Price

  • Listing provided courtesy of CRMLS

    This building is newly remodeled with great tenants in place paying market rents. 6.2%+ cap rate. Don't miss this opportunity to own a great building, walking distance to USC. On site laundry. Plenty of parking. Soft Story will be finished before COE. 17% upside in rents. One unit is vacant.

  • August, 2020

  • Aug 1, 2020

    Date

    Expired

    CRMLS: 20594142

    $1,595,000

    Price

  • Jul 7, 2020

    Date

    Withdrawn

    CRMLS: 20594142

    $1,595,000

    Price

  • Jun 22, 2020

    Date

    Active

    CRMLS: 20594142

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    This building is newly remodeled with great credit tenants in place paying market rents. The owner is 1031ing into new building and is letting this great cashflow 6.2%+ cap rate go at a discount. Don't miss this great opportunity to own a great building, walking distance to USC, with good credit tenants. This building also earns from brand new coin laundry facility on property and offers great parking on site for tenants. The building runs smoothly under management as a completely hands-off investment.

  • November, 2019

  • Nov 21, 2019

    Date

    Canceled

    CRMLS: 19515748

    $1,595,000

    Price

  • Nov 1, 2019

    Date

    Active Under Contract

    CRMLS: 19515748

    $1,595,000

    Price

  • Oct 22, 2019

    Date

    Price Change

    CRMLS: 19515748

    $1,595,000

    Price

  • Sep 30, 2019

    Date

    Active

    CRMLS: 19515748

    $1,625,000

    Price

  • Listing provided courtesy of CRMLS

    This building is newly remodeled with great credit tenants in place paying market rents. The owner is 1031ing into new building and is letting this great cashflow 6.2%+ cap rate go at a discount. Don't miss this great opportunity to own a great building, walking distance to USC, with good credit tenants. This building also earns from brand new coin laundry facility on property and offers great parking on site for tenants. The building runs smoothly under management as a completely hands-off investment.

  • October, 2019

  • Oct 24, 2019

    Date

    Expired

    CRMLS: 19491856

    $1,600,000

    Price

  • Aug 20, 2019

    Date

    Withdrawn

    CRMLS: 19491856

    $1,600,000

    Price

  • Aug 12, 2019

    Date

    Price Change

    CRMLS: 19491856

    $1,600,000

    Price

  • Aug 2, 2019

    Date

    Price Change

    CRMLS: 19491856

    $1,665,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: 19491856

    $1,675,000

    Price

  • Listing provided courtesy of CRMLS

    Actual Rents! Fully Leased! Mainly USC students! Turn key asset in the USC area. All units have been completely remodeled with high end finishes. Walking distance to USC and exposition park. Exploding area. Great rents and even better tenants. Plenty of parking. Easy to manage. Don't pay for an unfinished building in the area with low rents and tenants that need wrestling. Grab this one! Raise rents each year to stay on top of the market.

  • July, 2019

  • Jul 23, 2019

    Date

    Canceled

    CRMLS: 19473912

    $1,650,000

    Price

  • Jul 22, 2019

    Date

    Active

    CRMLS: 19473912

    $1,650,000

    Price

  • Jul 12, 2019

    Date

    Hold

    CRMLS: 19473912

    $1,650,000

    Price

  • Jul 11, 2019

    Date

    Active

    CRMLS: 19473912

    $1,650,000

    Price

  • Jul 1, 2019

    Date

    Hold

    CRMLS: 19473912

    $1,650,000

    Price

  • Jun 17, 2019

    Date

    Price Change

    CRMLS: 19473912

    $1,650,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: 19473912

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    Motivated seller! Give us your best offer! Beautifully remodeled units in the heart of USC! We are in the process of renting. School starts in August! Collect great rents. Very close to USC and Exposition Park. Turn key asset perfect for 1031 buyers or someone looking to purchase an easy to manage building.

  • March, 2019

  • Mar 18, 2019

    Date

    Expired

    CRMLS: 19425024

    $1,495,000

    Price

  • Feb 1, 2019

    Date

    Withdrawn

    CRMLS: 19425024

    $1,495,000

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: 19425024

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    LAR4 Zoning! Lowest land price per sq ft in the area. Easy to see. Vacant at COE.

  • March, 2019

  • Mar 17, 2019

    Date

    Expired

    CRMLS: 19424726

    $1,495,000

    Price

  • Feb 1, 2019

    Date

    Withdrawn

    CRMLS: 19424726

    $1,495,000

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: 19424726

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    Next to USC! First time on the market. Very big craftsman style apartment building. Plenty of parking. Walking distance from USC and all the developments happening in Exposition Park. Great long term hold with TONS of upside potential. One of the fastest appreciating markets in Los Angeles. Sellers looking to make a deal. Let's start the New Year off right! Check the comps, run your numbers and then join us for one of the open houses. CAP rate and GRM are based off projected rents.

  • February, 2019

  • Feb 22, 2019

    Date

    Canceled

    CRMLS: 19431378

    $1,470,000

    Price

  • Feb 5, 2019

    Date

    Active

    CRMLS: 19431378

    $1,470,000

    Price

  • Listing provided courtesy of CRMLS

    Next to USC! First time on the market. Very big craftsman style apartment building. Plenty of parking. Walking distance from USC and all the developments happening in Exposition Park. Great long term hold with TONS of upside potential. One of the fastest appreciating markets in Los Angeles. Sellers looking to make a deal. Let's start the New Year off right! Check the comps, run your numbers and then join us for one of the open houses. CAP rate and GRM are based off projected rents.

  • January, 2019

  • Jan 17, 2019

    Date

    Canceled

    CRMLS: 19420316

    $1,575,000

    Price

  • Jan 7, 2019

    Date

    Active

    CRMLS: 19420316

    $1,575,000

    Price

  • Listing provided courtesy of CRMLS

    Next to USC! First time on the market. Very big craftsman style apartment building. Plenty of parking. Walking distance from USC and all the developments happening in Exposition Park. Great long term hold with TONS of upside potential. One of the fastest appreciating markets in Los Angeles. Sellers looking to make a deal. Let's start the New Year off right! Check the comps, run your numbers and then join us for one of the open houses. CAP rate and GRM are based off projected rents.

  • December, 2018

  • Dec 21, 2018

    Date

    Sold

    CRMLS: SB18229982

    $1,250,000

    Price

  • Nov 11, 2018

    Date

    Pending

    CRMLS: SB18229982

    $1,250,000

    Price

  • Oct 16, 2018

    Date

    Active Under Contract

    CRMLS: SB18229982

    $1,250,000

    Price

  • Sep 25, 2018

    Date

    Active

    CRMLS: SB18229982

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in over 40 years!!!! This property features a highly desirable mix of one one-bedroom/one-bath unit and four two-bedroom/one-bath units. The property has plenty of on-site parking in the rear as well as storage space area for a future laundry area and is individually metered for gas and electricity. The property WILL BE DELIVERED 100% VACANT as well. This property allows an investor to acquire a rare completely vacant apartment building near one of the most distinguished universities in the country.

  • December, 2018

  • Dec 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

Show More

Tax History for 1449 W 35Th Pl

Assessed Value (2020): $1,275,500
Year Land Value Improved Value Assessed Value
2020 $714,000 $561,500 $1,275,500

Home Value Compared to the Market

This property vs the competition

1449 W 35Th Pl sold on November 1, 2021 for 48.32% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $500.85 per/sqft which puts the price per square foot 33.66% lower than the current median sale per square foot for the city of Los Angeles.

About 1449 W 35Th Pl

Detailed summary of property

1449 W 35Th Pl is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 10 bedrooms, 5 bathrooms, roughly 3,524 living square feet, and sits on an approximately 6,800 square foot lot. 1449 W 35Th Pl was first listed on ArdentRealEstateGroup.com on August 6, 2021. The homeowner sold the property for $1,750,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 48.32% higher than the current median priced home. Local homes that are currently for sale include 2220 Raymond Ave, 1901 W Martin Luther King Jr Blvd and 1745 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1449 W 35Th Pl has a days on market of 77 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 1449 W 35Th Pl Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1449 W 35Th Pl

Public county record property details
Beds
10
Baths
5
Year built
1961
Sq. Ft.
3,524
Lot Size
6,800
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5041-010-010

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
51
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

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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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