Los Angeles Southwest (C34) Real Estate

Los Angeles Southwest (C34) Real Estate

Welcome to Los Angeles Southwest (C34) – a vibrant and diverse community that perfectly captures the essence of Southern California living. Nestled within the sprawling city of Los Angeles, this region boasts a rich cultural tapestry, making it an ideal destination for those seeking both urban excitement and suburban charm.

Los Angeles Southwest is characterized by its eclectic neighborhoods, each offering a unique blend of history and modernity. From the lively streets of Leimert Park, known for its deep-rooted African American heritage and thriving arts scene, to the serene parks and family-friendly atmosphere of Westmont, there’s something for everyone here. The area is a melting pot of cultures, reflected in its culinary offerings, local festivals, and vibrant community events.

The region is well-connected, with easy access to major highways and public transportation, making commuting a breeze. Residents enjoy proximity to downtown Los Angeles, where they can explore world-class dining, shopping, and entertainment options. For those who appreciate the outdoors, nearby parks and recreational facilities provide ample opportunities for hiking, sports, and relaxation.

Education is a priority in Los Angeles Southwest, with numerous public and private schools offering quality education. The community is also home to several higher education institutions, fostering a spirit of learning and growth.

Whether you’re searching for a cozy family home, a chic apartment, or an investment property, Los Angeles Southwest (C34) offers a dynamic real estate market filled with potential. Embrace the vibrant lifestyle and rich culture of this remarkable region – your dream home awaits!

Newest Listings in Los Angeles Southwest (C34)

5928 S Hoover Street, Los Angeles
$3,150,000
AR26236666 MLS ⋅ Active Status
3rd Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 11% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 10.4% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in 1923 and completely renovated with permits in 2023. The building offers single-story spanish style units with an efficent mix for the area, consisting of ten (10) 1bed+1bath and five (5) Studio units. The property sits on a large 10,554 SF C2 zoned lot and includes RTI plans to convert 2 brand new ADUs into 6 ADUs, adding additional 4 units. It is centrally located in a highly desirable area just minutes away from the home of LAFC our city’s premier professional soccer team, BMO Stadium, USC, Crypto Arena, Home of the Lakers, Clippers, and LA Kings. ) Expo Park and the Metro Green Line. These properties are in a high density and high demand area which provides a consistent flow of renters for future vacancies. The units are individually metered for electricity and gas and tenants pay for trash therefore minimizing the operating expenses.

5928 S Hoover Street, Los Angeles

1314 W 35th Place, Los Angeles
$5,399,000
34 Beds ⋅ 34 Baths ⋅ 26105036 MLS ⋅ Active Status
We are pleased to present 1314 W 35th Pl, a 2023-built, six-unit, 34-bed student housing asset within walking distance of USC's University Park Campus and USC Village and inside the USC DPS patrol area. Developed by one of the leading student housing operators in the submarket, the property was designed by a team that leases USC housing every year and knows what keeps residents renewing. The property is 100% leased to students for the current academic year, so a new owner gets stable, in-place cash flow from day one. Priced at $158,794 per bed, the offering is a 7.18% CAP and 9.05 GRM on in-place income, a basis well below replacement cost and below comparable new construction sales in the USC submarket. Assembling 34 new-construction beds at this price would otherwise take several separate acquisitions or years of development risk. The unit mix includes three 4BD/4BA units, two 7BD/7BA units, and one 8BD/8BA unit, with a private bathroom for every bedroom. The range of unit sizes lets ownership lease flexibly each year, by the bed to individual students, to small friend groups, or to larger groups such as teams and student organizations taking a full 7- or 8-bedroom unit. As 2023 new construction, the property is non-RSO, needs no deferred maintenance, and is exempt from AB 1482 rent caps for 15 years from its certificate of occupancy. USC enrolls over 46,000 students, with roughly 65% living off campus, which drives deep and durable demand. The property may qualify for 100% bonus depreciation through a cost segregation study. Buyer to verify all information.

1314 W 35th Place, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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