1283 W 36th Street, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1283 W 36th Street,Los Angeles, CA 90007
$1,150,000
- 5 Beds
- - Baths
- 1,985 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills
MLS#:CL26849769
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$579.35
About this home
We are pleased to present the opportunity to acquire 1283 W. 36th Street, a two-unit student housing investment located just two blocks from the University of Southern California within the highly coveted DPS Patrol Zone. Positioned in one of the strongest and most consistent student housing rental markets in Los Angeles, the property benefits from premium rents, year-round tenant demand, and the security of being fully pre-leased for the 2026-2027 academic year. The offering consists of a 5-bedroom + 3-bathroom front single-family residence pre-leased at $5,700 per month, along with a private studio unit toward the rear of the lot pre-leased at $1,795 per month, generating a combined $7,495 per month in secured gross income. The front home's kitchen is currently undergoing a full remodel and update, delivering a fresh, modern interior that further enhances the property's appeal and rental value. With both units already committed, a new investor steps into stable, in-place cash flow and dependable yield from day one. The property totals approximately 1,985 rentable square feet on a 5,192 square foot lot. Operationally, the asset is exceptionally efficient. Tenants pay for all water, trash, gas, and electricity, minimizing landlord expenses and maximizing net operating income. Adding to the investment appeal, an existing parking garage toward the rear of the lot presents a significant value-add opportunity, offering a new owner the potential to construct an ADU to further increase cash flow and overall asset value over time. Priced at an in-place 6.0% cap rate and combining secured pre-leased income, low-maintenance ownership, and long-term upside, 1283 W. 36th Street is a rare opportunity to own a premier, income-producing asset in one of LA's most reliably performing rental markets, just steps from campus....
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Home facts
- Year built:1931
- Listing ID #:CL26849769
- Added:101 day(s) ago
- Updated:September 28, 2026 at 03:00 PM
Rooms and interior
- Bedrooms:5
- Living area:1,985 sq. ft.
Structure and exterior
- Year built:1931
- Building area:1,985 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$579.35
Features and amenities
- Laundry features:Dryer, Washer
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 28, 2026New listings near 1283 W 36th Street
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