1283 W 36th St, Los Angeles, CA 90007
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1283 W 36th St, Los Angeles, CA 90007
1283 W 36th St, Los Angeles, CA 90007
1283 W 36th St, Los Angeles, CA 90007
1283 W 36th St, Los Angeles, CA 90007
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1283 W 36th St Los Angeles, CA 90007

6 Beds

4 Baths

1,985 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,985 sqft

Price per Sqft $579

MLS Listing ID 26849769

Bedrooms 6

Year Built 1931

Lot Size 5,194 Sqft

Acres 0.1192

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms Stall(s), Other

Interior

Heating Other

Cooling Other

Equipment Refrigerator, Range/Oven, Freezer, Dryer, Washer, Other

Exterior

Parking Features Gated, Other

Garage Spaces 5.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Hollywood Hills
Marshall Dismuke

Marshall Dismuke

+1(562) 502-0448

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1283 W 36th St