1259 W 36th Place, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1259 W 36th Place,Los Angeles, CA 90007
$2,795,000
- 15 Beds
- 15 Baths
- 4,931 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills310-623-1300
MLS#:26990767
Source:CRMLS
Price summary
- Price:$2,795,000
- Price per sq. ft.:$566.82
About this home
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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Home facts
- Year built:2018
- Listing ID #:26990767
- Added:1 day(s) ago
- Updated:September 23, 2026 at 11:16 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:15
- Flooring:Tile
- Kitchen Description:Disposal, Refrigerator
- Living area:4,931 sq. ft.
Heating and cooling
- Cooling:Electric, Heat pump
- Heating:Electric, Heat Pump, Zoned
Structure and exterior
- Year built:2018
- Building area:4,931 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,795,000
- Price per sq. ft.:$566.82
Features and amenities
- Appliances:Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:6
- Parking description:Gated, One Space, Private
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