$2,795,000

1259 W 36th Place, Los Angeles, CA 90007

  • 4,931 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2018
  • Property Lot Size Icon7,218sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $567/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

We are pleased to present 1259 W. 36th Place, a turnkey, 2018-constructed student housing investment located within the prestigious DPS patrol zone, and within walking distance the campus and village. The investment is comprised five (5) spacious 3-bedroom + 3-bathroom residences, totaling 15-bedrooms and 15-bathrooms across approximately 4,931 rentable square feet on an approximately 7,217-square-foot lot. Each unit is fully furnished and features private bedroom and bathroom suites, vinyl-plank flooring, quartz countertops, mini-splits within each bedroom, stainless-steel appliances, tiled showers with glass enclosures, in-unit laundry, and modern finishes. The building also benefits from copper plumbing, dual-pane windows, a newer roof, and separately metered gas, electricity, and water.The property is 100% fully occupied by USC students and generates $23,387 in monthly gross income. Its history of parental lease guarantees and consistently strong academic-year occupancy contribute to an attractive and stable operating profile.The location offers convenient access to the USC Campus, USC Village, Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, museums, dining, and the Expo/Vermont Metro E Line station. Offered at a current 8.0% capitalization rate and 10.7x GRM, 1259 W. 36th Place represents a compelling opportunity to acquire a stabilized, low-maintenance student-housing asset near USC. Please contact the listing agent for the financial analysis and executive summary.

Listing Status:
Active
Date Added:
September 21, 2026
Data Last Updated:
September 23, 2026 at 3:08AM
Listing Office:
Keller Williams Hollywood Hills :
Listing Agent:
Davis Saadian : 310-402-8958
MLS ID:
CL26990767
  • Appliances: Dryer
  • Laundry: DryerWasher
  • Flooring: Tile
  • A/C: Heat PumpOther
  • Heating: ElectricZonedHeat Pump
  • Parking: OtherPrivate
  • County: Los Angeles
  • Zoning: LARD1.55040007026

This listing courtesy of Davis Saadian , Keller Williams Hollywood Hills

Monthly Payment

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  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
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