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$1,150,000
New Listing

1283 W 36th Street
Los Angeles, CA 90007

For Sale|Residential Income|Active
6
Beds
4
Total Baths
1,985
SqFt
$579
/SqFt
1931
Built
County:
Los Angeles
Listed by Davis Saadian of Keller Williams Hollywood Hills [email protected]

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1283 W 36th Street1283 W 36th Street1283 W 36th Street1283 W 36th Street
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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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Listing Snapshot
Price 
$1,150,000
Days On Site 
0 Days
Bedrooms 
6
Inside Area (SqFt) 
1,985 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1192 Acres
Year Built 
1931
MLS® Number 
26849769
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
11 hours agoListing first seen on site
General Features
Acres 
0.1192
Levels 
One
Number Of Stories 
1
Parking 
Gated
Parking Spaces 
5
Special Circumstances 
Standard
SqFt Total 
1985
Zoning 
LARD1.5
Interior Features
Appliances 
RefrigeratorDryerWasher
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Community Features
MLS Area 
C34 - Los Angeles Southwest


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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