We are pleased to present the opportunity to acquire 1318 W. 35th Place, a three (3) unit student housing redevelopment investment, located in the desirable DPS Patrol Zone, and walking distance to the USC campus. This 6,800 SF lot offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development for an additional 2 units, totaling a potential 6 buildable units, plus the construction of ADU's to further increase cash-flow. Current income is $8,220/month. The asset presents an excellent opportunity for an investor to acquire a unique premier property in the attractive USC submarket that will provide exponential returns. The site allows an investor to capitalize on a densely populated, affluent, and gentrifying area that continues to experience rapid rent growth.
Sold for $1,525,000
Tax assessed value
$1,525,000
1318 W 35th Pl, Los Angeles, CA 90007
7beds
5baths
2,879sqft
Multi Family
Built in 1908
-- sqft lot
$1,430,900 Zestimate®
$530/sqft
$6,016 Estimated rent
Home value
$1,430,900
$1.26M - $1.63M
$6,016/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Davis Saadian DRE # 01921748 310-402-8958,
Carolwood Estates 310-623-3600
Bought with:
Davis Saadian, DRE # 01921748
Carolwood Estates
Source: CLAW,MLS#: 24-392393
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Other
Cooling
- Other
Appliances
- Included: Range/Oven, Recirculated Exhaust Fan, Refrigerator, Freezer, Disposal, Dishwasher, Washer
Interior area
- Total structure area: 2,879
- Total interior livable area: 2,879 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Gated, Other
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,804 Square Feet
- Dimensions: 50 x 136
Details
- Additional structures: Other, Shed(s)
- Parcel number: 5040005016
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1908
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $883,689
- Annual tax amount: $18,674
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2024 | Sold | $1,525,000-1.9%$530/sqft |
Source:  CLAW #24-392393 Report a problem | ||
| 6/3/2024 | Pending sale | $1,555,000$540/sqft |
Source: CLAW #24-392393 Report a problem | ||
| 5/15/2024 | Listed for sale | $1,555,000+180.2%$540/sqft |
Source: CLAW #24-392393 Report a problem | ||
| 4/8/2014 | Sold | $555,005+77.3%$193/sqft |
Source: Public Record Report a problem | ||
| 6/17/2013 | Sold | $313,000+20.4%$109/sqft |
Source: Public Record Report a problem | ||
| 3/10/2000 | Sold | $260,000+49.5%$90/sqft |
Source: Public Record Report a problem | ||
| 7/6/1999 | Sold | $173,900+2.3%$60/sqft |
Source: Public Record Report a problem | ||
| 6/11/1996 | Sold | $170,000+950.6%$59/sqft |
Source: Public Record Report a problem | ||
| 4/14/1995 | Sold | $16,181$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,674 +64.9% | $1,525,000 +69.2% |
| 2024 | $11,326 +1.9% | $901,362 +2% |
| 2023 | $11,115 +4.7% | $883,689 +2% |
| 2022 | $10,611 +1.3% | $866,363 +2% |
| 2021 | $10,471 -1% | $849,376 +1% |
| 2020 | $10,575 | $840,668 +2% |
| 2019 | $10,575 +5.4% | $824,185 +2% |
| 2018 | $10,028 | $808,025 +2% |
| 2017 | $10,028 +2.2% | $792,182 +2% |
| 2016 | $9,815 +2.5% | $776,650 +1.5% |
| 2015 | $9,577 +129.2% | $764,985 +143.3% |
| 2014 | $4,178 | $314,421 -1.2% |
| 2012 | -- | $318,142 +2% |
| 2011 | -- | $311,905 +0.8% |
| 2010 | -- | $309,574 -0.2% |
| 2009 | -- | $310,311 +2% |
| 2008 | -- | $304,227 +2% |
| 2007 | -- | $298,263 -24.2% |
| 2006 | -- | $393,635 |
| 2005 | -- | $393,635 +40.1% |
| 2004 | -- | $281,063 +1.9% |
| 2003 | -- | $275,913 +2% |
| 2002 | -- | $270,504 +86.6% |
| 2000 | -- | $145,000 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 4/10John W. Mack Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Foshay Learning CenterGrades: K-12Distance: 0.6 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,430,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,430,900
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