- 15 Beds
- 15 Baths
- 4,931 Sqft
- .17 Acres
1259 W 36th Place
We are pleased to offer the opportunity to acquire this brand-new construction, five (5) unit, 15-bedroom, student housing apartment complex, located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC). This turnkey, new construction investment features brand new fully furnished bedrooms, brand new hardwood floors, stainless steel kitchen appliances, quartz counter tops, tiled showers with glass enclosures, in-unit washer & dryers, and high-end finishes throughout the units. The investment features a new roof, new copper plumbing, double pane windows, and individually metered for all utilities: gas, electricity, & water. The building is approximately 4,931 rentable square feet on a 7,217 square foot lot, consisting of (5) 3-bedroom + 3-bathroom units. Units are spacious with beautiful layouts. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2025-2026 year, with a gross income of $24,937/month. There's approximately 15% potential upside in rents, which an investor can achieve closer to about $28,000/month. The investment is priced at a current 7.1% Cap Rate & 11x GRM. Email for the Executive Summary/ Financial Analysis.
Essential Information
- MLS® #25600047
- Price$3,315,000
- Bedrooms15
- Bathrooms15.00
- Square Footage4,931
- Acres0.17
- Year Built2018
- TypeResidential Income
- StatusActive
Community Information
- Address1259 W 36th Place
- AreaC34 - Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Amenities
- Parking Spaces4
- ParkingGated, Private
- GaragesGated, Private
Interior
- HeatingCombination
- CoolingDual
- # of Stories3
- StoriesThree Or More
Appliances
Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Additional Information
- Date ListedOctober 1st, 2025
- Days on Market51
- ZoningLARD1.5
Listing Details
- AgentDavis Saadian
Office
Keller Williams Hollywood Hills
Davis Saadian, Keller Williams Hollywood Hills.
Based on information from California Regional Multiple Listing Service, Inc. as of November 21st, 2025 at 8:25pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.