
Los Angeles, California 90007
This property presents a Strong Value Opportunity with a List Price of $1,695,000—positioned well below the $1,815,465 Fair Market Value by 6%. This valuation gap offers $120,465 in Instant Equity. Featuring a 9-bedroom/8-bathroom configuration across a primary residence and a permitted ADU, the property maintains an Excellent Condition Rating. Its proximity to USC ensures high rental demand, making this a prime Residential Income Asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, income-generating property in a core market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1302 W 35th Subject 0 bd · 0 ba · 3,027 sqft · $600 | $1,695,000* List Price | 0 | 0 | 3,027 | $600 | - |
A 1452 1454 W 22nd Active 5 bd · 3 ba · 1,991 sqft · $693 · 0.9 mi | $1,379,000 List Price | 5 | 3 | 1,991 | $693 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent renovation (likely <5 years) including a modern kitchen with shaker cabinets and stainless steel appliances, new LVP flooring, recessed lighting, and updated windows. The addition of a newer permitted ADU further supports the excellent condition rating.
With a total of 9 bedrooms and 8 bathrooms across two units, the property offers exceptional rental utility and income potential specifically tailored for the high-demand USC student market.
The inclusion of a newer, permitted 3-bedroom/4-bathroom ADU provides modern living space and increases the overall property value while diversifying the rental options on a single lot.
Situated within the immediate USC rental market, the property benefits from consistent tenant demand and proximity to campus, ensuring long-term occupancy and investment stability.
The front residence dates back to 1924, which may necessitate higher ongoing maintenance costs or future capital expenditures compared to newer construction.
The requirement for the buyer to verify all square footage, permits, and unit configurations suggests potential complexities in the property's legal or physical documentation that must be cleared.
Excellent USC-area income opportunity featuring an updated front residence plus a newer permitted rear ADU on an approximately 6,250 sq. ft. lot. The front residence offers approximately 1,827 sq. ft. with a current 6-bedroom / 4-bath configuration, while the rear ADU offers 3 bedrooms / 4 bathrooms. The property provides strong bedroom and bathroom utility, substantial off-street parking, and a flexible setup for investment or owner-user strategies. Conveniently located near USC and within the broader USC rental market. Buyer to verify all square footage, bedroom/bathroom counts, permits, use, unit configuration, and other property information to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,027 | 2,090.331 |
| Lot Size | 6,252 | 5,852.908 |
| Price | $1.70M | $830.9K |
| Price per sq ft | $560 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 38 | 87 |
Oct 2, 2026
$1,695,000
Initial Listing
Sep 17, 2024
$960,000
Public Record