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1283 W 36th Street

Los Angeles, CA 90007
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Bed 6

Bed

Bath 0

Bath

SqFt1,985

Sqft

SqFt5,194

Sqft(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,150,000

AD Id : 85503459

MLS Id : 26849769

Beds : 6

Lot Size : 5,194 Sqft

Living Area Size : 1,985

Year Built : 1931

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator,Dryer,Washer

  • Building Information

    Year Built: 1931 Building Area Total: 1,985

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1192
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5194

  • Listing Price Information

    Original List Price: 1,150,000 Listing Contract Date: 2026-06-19
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5040006015

  • Garage and Parking

    Garage Description: Gated

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 3935 Directions: 1283 W. 36th Street | Los Angeles, CA 90007 Zoning: LARD1.5 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest
  • Building and Construction

    Property Age: 95 Year Built Source: Vendor Enhanced Total Square Feet Living: 1985 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- -- 8,540 8,540 SqFt
1938 Bonsallo Avenue, Los Angeles, CA, 90007 $1,129,000 -- -- 5,964 5,964 SqFt
1978 Bonsallo Avenue, Los Angeles, CA, 90007 $1,599,800 7 -- 3,456 3,456 SqFt
2119 S Union Avenue, Los Angeles, CA, 90007 $1,525,000 15 -- 6,671 6,671 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
1016 W 24th, Los Angeles, CA, 90007 $1,800,000 -- -- 8,563 8,563 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt
716 W 30th Street, Los Angeles, CA, 90007 $2,608,888 15 -- 5,615 5,615 SqFt
1236 W 24th, Los Angeles, CA, 90007 $899,000 7 4 1,850 1,850 SqFt
2623 Ellendale Place, Los Angeles, CA, 90007 $8,500,000 28 -- 17,099 17,099 SqFt

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ByOwner last updated this listing 06/20/2026 @ 18:27

MLS: 26849769 LISTED BY: Davis Saadian, Keller Williams Hollywood Hills 310-623-1300 SOURCE: CRMLS

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