1259 W 36th Place
Los Angeles, CA, 90007 $ 2,795,000
Bedrooms15 Baths3.0 Sq 4,931 Monthly Estimate*
$ 17,648
Listed by Davis Saadian, Keller Williams Hollywood Hills, davis@saadiangroup.com
for $2,795,000 with 15 bedrooms and 3 full baths. This 4,931 square foot home was built in 2018 on a lot size of 0.1657.
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.
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FeaturesGeneralLiving Area 4931
Heating Electric Heat Pump Zoned
Cooling Electric Heat Pump
Appliances Disposal Refrigerator Dryer Washer
Zoning LARD1.5
Year Built 2018
Levels Multi/Split
Gross Income 280644
County Los Angeles
Net Operating Income 223654
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions 1259 W. 36th Place | Los Angeles CA 90007
City Los Angeles
Senior Community Y/N false
Number Of Units Total 5
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 7217
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Cap Rate 8
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InteriorFlooring Tile
Total Stories 4
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 15
Total Baths 15
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ExteriorParking Features Gated Private One Space
Total Parking 6
Lot Size Area 7217
Number of Buildings 2
Building Area Total 4931
Lot Size Acres 0.1657
Lot Size Source Assessor
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* Excluded FeaturesList ByDavis SaadianListing Agent
Keller Williams Hollywood HillsBroker
davis@saadiangroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,648
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,883,299
Percent of Sale Price 33%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/21/2026 | $2,795,000 | | Listed Price |