Los Angeles, CA 90007,1269 W 36th St
Los Angeles, CA 90007,1269 W 36th St
Los Angeles, CA 90007,1269 W 36th St
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
23
Jul
Thu
24
Jul
Fri
25
Jul
$3,325,000
Est. payment /mo
16 Beds
16 Baths
5,502 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,502 sqft

Price per Sqft $604

MLS Listing ID 25566781

Bedrooms 16

Year Built 2024

Lot Size 5,219 Sqft

Acres 0.1198

Property Sub-Type Multi-Family

Property Description

We are excited to offer a prime investment opportunity: a newly constructed fully-furnished student housing property at 1269 W. 36th St., Los Angeles, CA 90007, located just steps from the University of Southern California (USC) and within the DPS Patrol Zone. Built in 2024, this modern asset boasts 16 spacious bedrooms and 16 bathrooms, with each bedroom featuring its own en-suite bathroom and closet. Priced at $3,325,000, equivalent to approximately $207,813 per bed and $604 per square foot, this property offers a compelling 6.30% cap rate and is fully leased for the 2025-2026 academic year, guaranteeing immediate returns and sustained growth potential.Covering 5,502 square feet and divided into five units(1 non-conforming-permitted as Rec-Room), the property is designed for maximum tenant comfort and functionality. Each unit includes a large open-plan kitchen, expansive living and dining spaces, and in-unit laundry facilities, fostering an inviting and practical living experience. Its versatile design supports both per-room and per-bed rental models, making it ideal for USC students, co-living, or transitional housing arrangements.Situated a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, the property provides easy access to Downtown Los Angeles and iconic landmarks like the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the forthcoming Lucas Museum of Narrative Art. With the 2028 Olympics approaching and steady demand from USC's student population, this low-maintenance, high-yield property offers a unique chance to invest in one of Los Angeles' most stable and thriving submarkets.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 4.0

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

GET MORE INFORMATION

Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb