1259 W 36th Place, Los Angeles, CA 90007
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
1259 W 36th Place,Los Angeles, CA 90007
$2,988,888
- 15 Beds
- 15 Baths
- 4,931 sq. ft.
- Multi-family
- Active
Listed by: benjamin lee, chi zhang
Office: lyon stahl investment real estate, inc.
MLS#:26663759
Source:CRMLS
Price summary
- Price:$2,988,888
- Price per sq. ft.:$606.14
About this home
We are pleased to present 1259 W 36th Pl, a premier 2018-constructed student housing investment opportunity located just west of USC within the university's 24-hour DPS patrol zone. Purpose-built to capture the robust demand from USC's 46,000+ students, 65% of whom live off-campus, the property offers Five units each with 3 bedrooms and 3 bathrooms. Each unit features high-end finishes, quartz countertops, stainless steel appliances, central HVAC, and in-unit laundry, and individually metered for all utilities: gas, electricity, & water. Each unit has only two floors and offers spacious open layouts, designed to promote maximum comfort for the students. The property is ideally situated within walking distance to University Park and near the Expo/Vermont Metro Station providing easy access to Downtown Los Angeles, Mid-City, and the Westside. 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 fully occupied by USC students and offers a strong 7.05% current cap rate and 10.64 GRM with a monthly scheduled gross income of $23,416, allowing investors to maximize returns in one of Los Angeles' most stable rental submarkets. In addition to its strong fundamentals, the property qualifies for 100% bonus depreciation, creating a unique opportunity for investors to maximize early tax benefits through cost segregation. This combination of modern construction, durable student demand, and excellent operating fundamentals makes 1259 W 36th Pl ideal for any HNW individual or family office seeking a combination of yield, tax shelter, and long-term appreciations....
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Home facts
- Year built:2018
- Listing ID #:26663759
- Added:1 day(s) ago
- Updated:March 13, 2026 at 01:34 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:15
- Kitchen Description:Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan
- Living area:4,931 sq. ft.
Heating and cooling
- Cooling:Central Air, Dual
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2018
- Building area:4,931 sq. ft.
- Lot area:0.17 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,988,888
- Price per sq. ft.:$606.14
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:5
- Parking description:Gated, Private
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