We are pleased to present 1286 W 35th Place, a newly constructed 25-bed student housing community located just west of USC within the university's 24-hour DPS patrol zone. Purpose-built to capture strong demand from USC's 47,000+ students, 60% of whom live off campus, the property offers a diverse mix of layouts including two three-bedroom units, two five-bedroom units, and one six-bedroom unit. All units are fully furnished with open floor plans, quartz countertops, stainless steel appliances, in-unit laundry, central HVAC, pane windows, and built-in closets, combining comfort with modern design. The property is walkable to USC's main campus and just a half-mile from USC Village, with the Expo/Vermont Metro Station nearby providing easy access to Downtown Los Angeles, Mid-City, and the Westside. Bedrooms are oversized and light-filled, creating the opportunity for additional double-occupancy use and expanding appeal to a wide range of student renters. Offering both single-room and double-occupancy options at varied price points, the property attracts a broad tenant base from groups to individual renters, ensuring consistent leasing demand. Early leasing success has already validated the property's competitive position in the USC student housing market. In addition to its strong fundamentals, the property qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, creating a unique opportunity for investors to maximize early tax benefits through cost segregation. This combination of modern construction, durable student demand, and compelling tax advantages makes 1286 W 35th Place a rare turnkey opportunity in one of Los Angeles' most sought-after rental submarkets.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 17
- Full Bathrooms: 19
Appliances
- Laundry Features: In Unit
Heating and Cooling
- Cooling Features: Air Conditioning
- Heating Features: Central
- Heating: Yes
- Water Heaters: Tankless
Land Info
- Lot Description: Fenced, Exterior Security Lights
- Lot Size Acres: 0.1312
- Lot Size Dimensions: 40x139
- Lot Size Source: Builder
- Lot Size Square Feet: 5711
Garage and Parking
- Parking Features: Driveway
- Parking Total: 7
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 5
- Unit Type: Townhomes
- Bedrooms in Unit-1: 6
- Bedrooms in Unit-2: 3
- Bedrooms in Unit-3: 5
- Bedrooms in Unit-4: 5
- Bedrooms in Unit-5: 3
- Total Bathrooms in Unit-1: 6
- Total Bathrooms in Unit-2: 3
- Total Bathrooms in Unit-3: 4
- Total Bathrooms in Unit-4: 4
- Total Bathrooms in Unit-5: 2
- Full Bathrooms in Unit-1: 6
- Full Bathrooms in Unit-2: 3
- Full Bathrooms in Unit-3: 4
- Full Bathrooms in Unit-4: 4
- Full Bathrooms in Unit-5: 2
- Unit 1 Total Actual Rent: 9800
- Unit 2 Total Actual Rent: 4300
- Unit 3 Total Actual Rent: 7300
- Unit 4 Total Actual Rent: 7300
- Unit 5 Total Actual Rent: 5000
Rental Info
- Gross Income: 439800
- Gross Scheduled Income: 431004
- Tenant Pays: Electric, Gas, Water, Trash, Move Out Fee
Other Property Info
- Custom Built
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 7.45
- Directions: Subject property is located within the USC DPS patrol zone, located just West of campus. A short walk from USC Campus and USC Village.
- Source Property Type: Residential Income
- Area: Los Angeles Southwest
- Source Neighborhood: Los Angeles Southwest
- Parcel Number: 5040-006-001
- Postal Code Plus 4: 3401
- Zoning: LARD1.5
Commercial Info
- Net Operating Income: 335187
- Operating Expense: 95817
Building and Construction
- Total Square Feet Living: 7090
- Year Built: 2025
- Levels: Multi Levels, Three Or More Levels
- Living Area Source: Builder
- New Construction: Yes
- Property Condition: New Construction
- Levels or Stories: 3
- Year Built Source: Builder
Accessibility Features
Home Features
- Other Equipment: Built-Ins, Garbage Disposal, Freezer, Dryer, Dishwasher, Hood Fan, Range/Oven, Refrigerator, Washer, Microwave
- Security Features: Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Fire and Smoke Detection System, Gated, Smoke Detector