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

4 stories
15 full
6 spaces
2018

Amenities

A/C
Listing Description

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

Principal$2,021
Interest$12,112
Insurance$815

Estimates only. Actual payments may vary.

Location

1259 W 36th Pl

Los Angeles, CA 90007

Property Details

Flooring

TileVinyl

Parking

Gated

Heating

Heat Pump (Heating)ZonedElectric (Heating)

Cooling

Heat PumpElectricWall Unit(s)

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.

DS

Davis Saadian

License 01921748

Agent at Keller Williams Realty Hollywood Hills

(310) 402-8958
Agent website

Listed by Keller Williams Realty Hollywood Hills · Broker phone: (310) 623-1300 · View on Broker Site · Broker website

MLS# 26990767· Source: The MLS/CLAW· 31 days on PropertySimple

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1259 W 36th Pl, Los Angeles, CA 90007

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