First time on the market in 30+ years, this well-maintained 5-unit apartment building at 1464 W 35th Pl. offers strong in-place income contributing to a 6.16% Cap Rate with approx. 40% rent upside! Featuring a desirable unit mix (4 - 2Bd/1Ba + 1 - 3Bd/2Ba detached Single Family Residence), this property is located less than a mile from USC, making it a highly attractive option for investors. Roof fully replaced on both structures in April 2025. Don’t miss this rare chance to own in a thriving rental market!
Sold for $1,200,000
Listed by: Lyon Stahl Investment Real Estate, Inc. • Kyle Soto • Contact: 310-425-9838
Bought with: Lyon Stahl Investment Real Estate, Inc.
$1,200,000
1464 W 35th Pl, Los Angeles, CA 90018
11beds
6baths
4,876sqft
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$246/sqft
$1,186 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,186/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Kyle Soto DRE #02167479 310-896-6055,
Lyon Stahl Investment Real Estate, Inc.,
Martin Ensbury DRE #00815392 310-546-8133,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Kyle Soto, DRE #02167479
Lyon Stahl Investment Real Estate, Inc.
Martin Ensbury, DRE #00815392
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB25040699
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 6
Heating
- See Remarks
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,876
- Total interior livable area: 4,876 sqft
Property
Parking
- Total spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,802 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5041011032
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Dog Park
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $1,942,010
- Annual tax amount: $23,849
- Date on market: 2/26/2025
- Cumulative days on market: 57 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Total actual rent: 9947
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $1,200,000-4%$246/sqft |
Source:  CRMLS #SB25040699 Report a problem | ||
| 7/2/2025 | Pending sale | $1,250,000$256/sqft |
Source: CRMLS #SB25040699 Report a problem | ||
| 4/25/2025 | Contingent | $1,250,000$256/sqft |
Source: CRMLS #SB25040699 Report a problem | ||
| 4/14/2025 | Price change | $1,250,000-7.4%$256/sqft |
Source: CRMLS #SB25040699 Report a problem | ||
| 2/26/2025 | Listed for sale | $1,350,000$277/sqft |
Source: CRMLS #SB25040699 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,849 +1.3% | $1,942,010 +2% |
| 2024 | $23,552 +1.9% | $1,903,932 +2% |
| 2023 | $23,102 +4.8% | $1,866,600 +2% |
| 2022 | $22,039 +218% | $1,830,000 +243.6% |
| 2021 | $6,929 -0.9% | $532,617 +1% |
| 2020 | $6,991 | $527,156 +2% |
| 2019 | $6,991 +6.1% | $516,821 +2% |
| 2018 | $6,588 | $506,689 +2% |
| 2017 | $6,588 +2.1% | $496,755 +2% |
| 2016 | $6,455 +3.1% | $487,015 +1.5% |
| 2015 | $6,260 +0.5% | $479,700 +2% |
| 2014 | $6,226 | $470,304 +53.8% |
| 2011 | -- | $305,790 +0.5% |
| 2009 | -- | $304,228 +2% |
| 2008 | -- | $298,264 +4% |
| 2006 | -- | $286,684 +4% |
| 2004 | -- | $275,554 +1.9% |
| 2003 | -- | $270,504 +2% |
| 2002 | -- | $265,200 +4.8% |
| 2000 | -- | $253,115 |
Find assessor info on the county website
Neighborhood: South Los Angeles
Nearby homes
- $--2 bd1 ba1.2k sqft1464 W 35th Pl #1/4, Los Angeles, CA 90018Off Market
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Nearby schools
GreatSchools rating
- 6/10Foshay Learning CenterGrades: K-12Distance: 0.4 mi
- 4/10John W. Mack Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 1.2 mi
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