Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,944 sqft

Lot size

4,996 sqft

Year built

1913

Stories

2

Status

Active

Days on market

36

MLS #

246372129

About this property

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

326 E 35th Street

Los Angeles, Los Angeles, CA, 90011