About This Home
This 15-bedroom, 15-bathroom residential multi family at 1259 W 36th Pl in Los Angeles, CA is listed for $2,795,000 ($567 per sqft). Built in 2018, the home offers 4,931 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 2018
- 0.17 acre lot
- 4 stories
- 6 parking spaces
Property Details
Amenities
We are pleased to present 1259 W. 36th Place, a turnkey, 2018-constructed student housing investment located within the prestigious DPS patrol zone, and within walking distance the campus and village. The investment is comprised five (5) spacious 3-bedroom + 3-bathroom residences, totaling 15-bedrooms and 15-bathrooms across approximately 4,931 rentable square feet on an approximately 7,217-square-foot lot.
Each unit is fully furnished and features private bedroom and bathroom suites, vinyl-plank flooring, quartz countertops, mini-splits within each bedroom, stainless-steel appliances, tiled showers with glass enclosures, in-unit laundry, and modern finishes.
The building also benefits from copper plumbing, dual-pane windows, a newer roof, and separately metered gas, electricity, and water.The property is 100% fully occupied by USC students and generates $23,387 in monthly gross income. Its history of parental lease guarantees and consistently strong academic-year occupancy contribute to an attractive a
nd stable operating profile.The location offers convenient access to the USC Campus, USC Village, Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, museums, dining, and the Expo/Vermont Metro E Line station. Offered at a current 8.0% capitalization rate and 10.7x GRM, 1259 W. 36th Place represents a compelling opportunity to acquire a stabilized, low-maintenance student-housing asset near USC. Please contact the listing agent for the financial analysis and executive summary.
Monthly Cost Estimate
$14,948/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1259 W 36th Pl
Los Angeles, CA 90007
Property Details
Flooring
Parking
Heating
Cooling
Questions & Answers
This 15-bedroom, 15-bathroom residential multi family at 1259 W 36th Pl is listed at $2,795,000 ($567/sqft). The estimated monthly payment is $14,948 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2018, 0.17 acre lot, 4 stories, 6 parking spaces.
This property is listed by Davis Saadian and can be reached at 3104028958.



