Active

1171 W 36th Pl

Los Angeles, CA 90007

$4,999,800 $21,079/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

7,069

Sqft(Lot)

Description

Welcome to 1171 & 1173 W. 36th Place and 3614 & 3616 S. Catalina Street, Los Angeles—an exceptional investment opportunity featuring four newly constructed residences completed in 2025, located just steps from the University of Southern California (USC). This offering consists of four thoughtfully designed four-story townhomes, each featuring six bedrooms and five bathrooms, for a total of 24 bedrooms and 20 bathrooms. Designed with both USC students and their families in mind, the property is only 2-minutes walk to the campus, is located within USC's Department of Public Safety (DPS) Security Zone and is equipped with private security cameras, providing an ideal combination of safety, convenience, and modern living. Residents have the flexibility to lease individual bedrooms or rent an entire home as a group, with both standard and fully furnished options available. This flexible leasing strategy appeals to a broad tenant base while supporting strong occupancy and consistent rental demand. Unlike many institutional student housing developments, West 36th & Catalina is family-owned and professionally managed. Ownership takes pride in maintaining the property to a high standard while fostering a safe, welcoming, and well-managed living environment. Significant rental upside exists for a new owner. Leasing commenced after the previous academic semester had concluded, and ownership prioritized securing full occupancy before the Fall semester rather than maximizing rental rates. As leases renew, a new owner has the opportunity to bring rents in line with prevailing market levels, representing an estimated 20–30% increase in rental income. Also, the new owner may convert the existing four garage into living spaces to further increase the rental income.

Property Details

Property Type : ResidentialIncome

Price : $4,999,800

AD Id : 88459303

MLS Id : OC26161494

Beds : 24

Lot Size : 7,069 Sqft

Tax Amount : 14899.00

Year Built : 2025

Garage : 8

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Interior Features

Balcony, MultipleStaircases, AllBedroomsUp, WalkInClosets

Appliances: SixBurnerStove, BuiltInRange, Dishwasher, GasOven, GasRange, Microwave, Refrigerator, SelfCleaningOven, WaterHeater, Dryer, Washer

Laundry Features: CommonArea
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir, Electric

Building Information

Year Built: 2025

Building Area Total: 9860

Construction Materials: Drywall

Pool Features: None

Private Pool: No

View: CityLights

Lot Information

Main Square Feet: 7069 Lot Size Acres: 0.1623 Lot Size Source: Assessor Lot Size Square Feet: 7,069 Lot Description: TwoToFiveUnitsAcre

Listing Price Information

Listing Price: $4999800

Conventional, Exchange1031, FHA, VaLoan

Tax Information

Parcel Number: 5040029007 Tax Lot: 1 Tax Year: 2025 Annual Tax: $14899

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 12 DoorSingle, Garage, Gated

Garage Information

Has Garage: Yes Garage Space: 8

Utility Information

CableAvailable, CableConnected, ElectricityAvailable, WaterAvailable
Location Information

Direction: From I-110, exit Martin Luther King Jr. Blvd and head west. Turn right on S. Catalina St. Property is located at the corner of W. 36th Place and S. Catalina St., within walking distance to USC. WaterSource: Public

Sell a home like this and save $299,489 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.