1283 W 36th Street, Los Angeles, CA 90007
Local realty services provided by:ERA Excel Realty
1283 W 36th Street,Los Angeles, CA 90007
$1,050,000
- 6 Beds
- 4 Baths
- 1,985 sq. ft.
- Multi-family
- Active
Listed by: davis saadian
Office: estatex inc.310-770-7032
MLS#:26107132
Source:CRMLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$528.97
About this home
We are pleased to present 1283 W. 36th Street, a fully occupied, 2-unit student housing investment just two blocks from the University of Southern California and within the USC DPS Patrol Zone. Offering an in-place 7.0% cap rate and $7,495 in scheduled monthly income, this property combines immediate income with compelling potential for future growth. The property features a 5-bedroom + 3-bathroom front residence leased for $5,700 per month and a private rear 1-bedroom +1-bathroom unit leased for $1,795 per month. The front home's kitchen is currently undergoing a complete remodel, bringing a fresh, modern finish to the property. Together, the units provide approximately 1,985 rentable square feet on a 5,192-square-foot lot. Tenants pay for water, trash, gas, and electricity, helping reduce owner operating expenses. Adding to the upside, a large, separate parking structure at the rear of the property offers the potential to be converted into an ADU, creating an opportunity to increase rental income and cash flow. Any conversion would be subject to city approvals and buyer verification. With both units occupied, a prime location near campus, and the potential to add future income, 1283 W. 36th Street offers investors an opportunity to acquire a well-positioned asset in the heart of the USC rental market....
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Home facts
- Year built:1931
- Listing ID #:26107132
- Added:1 day(s) ago
- Updated:November 11, 2026 at 12:41 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Kitchen Description:Disposal, Refrigerator
- Living area:1,985 sq. ft.
Structure and exterior
- Year built:1931
- Building area:1,985 sq. ft.
- Lot area:0.12 Acres
- Levels:1 Story
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$528.97
Features and amenities
- Appliances:Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:4
- Parking description:Gated, Private
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