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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$895,000

Est. payment - /mo

5 Beds

4 Baths

3,944 SqFt

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UPDATED:

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

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Listed by Sean Rosenzweig Marcus & Millichap #01406343

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

326 E 35th ST Los Angeles, CA 90011

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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