1259 W 36th Place, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 Allstars
1259 W 36th Place,Los Angeles, CA 90007
$3,148,888
- 15 Beds
- 15 Baths
- 4,931 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: keller williams hollywood hills
MLS#:26637777
Source:CRMLS
Price summary
- Price:$3,148,888
- Price per sq. ft.:$638.59
About this home
We are pleased to offer the opportunity to acquire this 2018 construction, five (5) unit, 15-bedroom + 15-bathroom student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, brand new vinyl plank floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 4,931 rentable square feet on a 7,217 square foot lot, consisting of (5) 3-bedroom + 3-bathroom units. Units are spacious with beautiful layouts. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased, with a gross income of $24,937/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $28,000/month. The investment is priced at a current 7.5% Cap Rate & 10.5x GRM. Please email for the Financial Analysis/ Executive Summary.
Contact an agent
Home facts
- Year built:2018
- Listing ID #:26637777
- Added:1 day(s) ago
- Updated:January 14, 2026 at 02:25 PM
Rooms and interior
- Bedrooms:15
- Total bathrooms:15
- Living area:4,931 sq. ft.
Heating and cooling
- Cooling:Dual
- Heating:Combination
Structure and exterior
- Year built:2018
- Building area:4,931 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$3,148,888
- Price per sq. ft.:$638.59
New listings near 1259 W 36th Place
- New
$725,000Active4 beds 3 baths7659 Miramonte Boulevard, Los Angeles, CA 90001
MLS# DW26005247Listed by: COLDWELL BANKER ENVISION - New
$599,999Active2 beds 1 baths768 sq. ft.5204 Coney, Los Angeles, CA 90032
MLS# DW26007865Listed by: LEGASPI COMMERCIAL - New
$628,000Active3 beds 3 baths135 E 77th, Los Angeles, CA 90003
MLS# DW26008793Listed by: BIG BLOCK POWERHOUSE REALTY - Open Sat, 11am to 3pmNew
$999,999Active5 beds 5 baths2,160 sq. ft.8230 Compton, Los Angeles, CA 90001
MLS# DW26008906Listed by: CENTURY 21 A BETTER SERVICE - New
$999,999Active3 beds 3 baths8230 Compton, Los Angeles, CA 90001
MLS# DW26008953Listed by: CENTURY 21 A BETTER SERVICE - New
$699,000Active4 beds 2 baths155 W 103 Street, Los Angeles, CA 90003
MLS# DW26009037Listed by: CENTURY 21 ALLSTARS - Open Sat, 12 to 3pmNew
$649,000Active2 beds 1 baths874 sq. ft.116 E 74th, Los Angeles, CA 90003
MLS# IV26008023Listed by: REALTY MASTERS & ASSOCIATES - New
$775,000Active4 beds 2 baths1,152 sq. ft.1524 W 223rd, Torrance, CA 90501
MLS# PV26009013Listed by: ESTATE PROPERTIES - New
$620,000Active4 beds 3 baths2,008 sq. ft.10140 Larwin Avenue #3, Chatsworth, CA 91311
MLS# SR26003076Listed by: EQUITY UNION - New
$729,000Active3 beds 2 baths1,260 sq. ft.980 S Oxford #304, Los Angeles, CA 90006
MLS# SR26008660Listed by: JULIE SHIN & ASSOCIATES, INC.