1327 W 35Th Street

Los Angeles, CA 90007

PRICE REDUCED

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-$80,000 (-4.05%)

$1,895,000

List Price

12

bed Beds

8

shower Baths

4,108 sqft

straighten / sqft

1913

calendar_month Built

Property Description

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 6.5% cap rate and a 11.1 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.

Listing Information

List Price $1,895,000
Status Active
MLS 24414647
Type Residential Income
Year Built 1913
Lot Size 6,907
Structure Size 4,108
DOM 66
Courtesy Of Keller Williams Downtown LA
Listing Agent Yitzy Davis DRE#02075515

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 8
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Yitzy Davis, Keller Williams Downtown LA . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 16th, 2024 at 5:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.