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$ 895,000
Est. payment | /mo
5 Beds
4 Baths
3,944 SqFt
$ 895,000
Est. payment | /mo
5 Beds
4 Baths
3,944 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,944 sqft
Price per Sqft $226
MLS Listing ID 26876823
Bedrooms 5
HOA Y/N No
Year Built 1913
Lot Size 4,996 Sqft
Property Description
We are pleased to offer for sale 326 East 35th Street, a four-unit apartment community located in South Los Angeles, just east of Main Street between Jefferson Boulevard and Martin Luther King, Jr. Boulevard.Built in 1913, the property comprises 3,944 square feet of improvements on a 4,996-square-foot parcel, with a unit mix of three one-bedroom units and one two-bedroom unit across large floor plans, which offer potential to convert the one-bedroom units into two-bedrooms and drive additional income (buyer to verify). There is approximately 28% rental upside remaining, capturable through ordinary turnover. The offering is priced at $227 per square foot, significantly below the average of the recent comparable four-unit sales in the surrounding submarket.With a Walk Score of 83, the property sits 0.7 miles from Jefferson/USC Station on the Metro E Line, with the 10/48, 51 and 102 Metro local lines all stopping within a quarter mile. The 110 Freeway runs less than a mile west, and Downtown Los Angeles is about two and a half miles north. The USC campus sits about a mile west, and Exposition Park lies within a mile and a half, where the Lucas Museum of Narrative Art opens in September 2026 alongside the California Science Center. That corridor carries the venues of LA28's Exposition Park Zone: the Los Angeles Memorial Coliseum, Exposition Park Stadium and USC's Galen Center. The city and Metro are advancing transit and infrastructure work across Los Angeles ahead of the 2028 Summer Games.326 East 35th Street offers investors an opportunity to acquire a value-add asset in one of the most accessible submarkets in South Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Fireplace No
Exterior
Parking Features None
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5120014010
Special Listing Condition Standard
Listed by Sean Rosenzweig Marcus & Millichap #01406343
NEARBY SCHOOLS & PROPERTIES
Karen Iwakoshi
Real Estate Consultant License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com