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1293 W 36th Street

Los Angeles, CA 90007
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Bed 5

Bed

Bath 0

Bath

SqFt1,467

Sqft

SqFt5,302

Sqft(Lot)

We are pleased to present the opportunity to acquire 1293 W. 36th Street, an exceptional redevelopment opportunity with full RTI plans and permits, located in the highly desirable DPS Patrol Zone just two blocks from the University of Southern California. This is a rare chance to acquire an income-producing asset today while unlocking significant value through a fully approved, shovel-ready expansion in one of LA's strongest student housing markets. The existing property consists of a 5-bedroom + 4-bathroom single-family residence. The approved RTI plans convert the existing residence into a spacious duplex, comprised of a 4-bedroom + 3-bathroom unit, and a 1-bedroom + 1-bathroom unit, and further allow for the construction of two detached ADUs, each offering 4 bedrooms + 4 bathrooms. Once fully constructed, the property will total four units with 13 bedrooms and 12 bathrooms, dramatically increasing density, income, and overall asset value. The property currently generates $5,900 per month in gross income, with a scheduled income of approximately $20,000 per month upon completion of the fully built-out units. The residence features hardwood floors, stainless steel kitchen appliances, quartz countertops, and on-site laundry. With tenants paying all water, trash, gas, and electricity, landlord expenses remain exceptionally minimal, maximizing net operating income. The investment is 100% occupied by USC students and fully leased for the 2026-2027 school year. Combined with parental guarantees on leases and occupancy levels routinely reaching 100% throughout the school year, the asset represents a low-risk investment poised for continued growth and outstanding operating fundamentals. 1293 W. 36th Street offers the best of both worlds: stable in-place cash flow today and substantial, permit-ready upside for tomorrow, about a block away from campus.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,125,000

AD Id : 85503273

MLS Id : 26849785

Beds : 5

Lot Size : 5,302 Sqft

Living Area Size : 1,467

Year Built : 1903

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

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

    Property Appliances: Refrigerator,Dryer,Washer

  • Building Information

    Year Built: 1903 Building Area Total: 1,467

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1217 Lot Size Dimensions: 41x130
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5302

  • Listing Price Information

    Original List Price: 1,125,000 Listing Contract Date: 2026-06-19
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5040006017

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 3935 Directions: 1293 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: 123 Year Built Source: Vendor Enhanced Total Square Feet Living: 1467 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 06/21/2026 @ 01:53

MLS: 26849785 LISTED BY: Davis Saadian, Keller Williams Hollywood Hills 310-623-1300 SOURCE: CRMLS

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