Cardinal Commons 1286 W 35th Pl Immeuble residentiel 5 lots 4 077 854 € (815 571 €/Lot) Taux de capitalisation 6,88 % Los Angeles, CA 90007

The Ben Lee Group of Marcus & Millichap is pleased to present 1286 W 35th Pl, a newly constructed 25-bed student housing asset located just west of USC in the 24-hour Department of Public Safety patrol zone. Purpose-built for student living, the property offers a diverse mix of three-, five-, and six-bedroom layouts with both single and double-occupancy options, catering to a wide range of tenants at multiple price points. Early leasing has already achieved projected rents, underscoring strong demand and validating the property’s positioning in the USC student housing market.
At the asking price of $191,960 per bed, the property projects a 6.88% CAP rate and 10.91 GIM upon stabilization, with the potential to add two additional beds through oversized bedrooms, enhancing long-term returns. All units are fully furnished and feature quartz countertops, stainless steel appliances, wood-style flooring, in-unit laundry, central HVAC, and double-pane windows, supported by four parking spaces. Located just half a mile from USC’s University Park Campus and less than a mile from USC Village, the property also benefits from proximity to the Expo/Vermont Metro Station, providing direct access to Downtown, Mid-City, and the Westside.
Beyond strong in-place income and zero deferred maintenance, 1286 W 35th Pl offers compelling tax advantages through eligibility for 100% bonus depreciation under the One Big Beautiful Bill Act, creating meaningful shelter for early-year income. Combining immediate cash flow, modern finishes, and durable long-term demand, the property represents a rare turnkey investment opportunity in one of Los Angeles’ most resilient rental submarkets.