• Asking Price $1,975,000
  • Estimated Value: $1,261,321

  • 1327 W 35TH ST LOS ANGELES, CA 90007

  • 12 Beds 8 Baths 4,108 SqFt
  • Townhouse or Condo / Resale (MLS)
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Property Details for 1327 W 35TH ST, LOS ANGELES, CA 90007

Features

  • Price/sqft: $480
  • Lot Size: 6905 sq. ft.
  • Total Units: 3
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Heating: Central Furnace
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1913
  • Property ID: 897904236
  • MLS Number: 24-414647
  • Parcel Number: 5040-003-001
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: HOWES TRACT LOT/SEC 1 BLK/DIV/TWN 8
  • Zoning: LARD1.5
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Trojan Mansion offers USC students and Tenants all the amenities and privacy they need in a beautifully remodeled historic Craftsman mansion. As you walk inside the gates, you notice two meticulously restored homes: an expansive 8-bedroom, 6-bathroom, three-story, Craftsman-style home and a 4-bedroom, 2-bathroom California Bungalow. Both homes were completely renovated in 2015, featuring updated plumbing, electrical systems, roofs, central HVAC, and modern amenities throughout, while maintaining the integrity, character, and charm with original hardwood floors, coffered ceilings, built-ins, and more. The property includes a fully stocked kitchen with stainless steel appliances, spacious living rooms for communal enjoyment, on-site laundry facilities (coin operated), and very large furnished bedrooms equipped with beds, armoires, desks, mini-fridges, and individual climate control for each bedroom. Many bedrooms with private entrances, ensuite bathrooms, and fit multiple occupancy comfortably, helping to increase revenue. Located just a couple blocks from USC campus and within the DPS Patrol Zone, Trojan Mansion offers convenience and safety for students. The beautifully landscaped yard accommodates up to 6 on-site car parking spaces and a dedicated bike parking area, all secured by keyless gates for peace of mind. Trojan Mansion stands out as a strong investment at the current price with room to add an ADU to increase the value even more. The property has a solid 6.2% cap rate and a 11.7 GRM. It generates about $14,230 per month in rental income plus additional revenue streams from parking and laundry services. There's also potential for increased returns with savvy management.Ultimately, the property needs to be seen to be fully appreciated. Come take a tour with us, relax on the porch, and discover firsthand why Trojan Mansion is the perfect investment for you. Contact today.

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Property Brokerage: Keller Williams Downtown LA 700 S. Flower St. Suite 2900 Los Angeles CA 90017
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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