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$ 3,325,000
Est. payment /mo
New
1269 W 36th ST Los Angeles, CA 90007
16 Beds
16 Baths
5,502 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,502 sqft
Price per Sqft $604
MLS Listing ID 25566781
Bedrooms 16
HOA Y/N No
Year Built 2024
Lot Size 5,218 Sqft
Property Description
We are excited to offer a prime investment opportunity: a newly constructed fully-furnished student housing property at 1269 W. 36th St., Los Angeles, CA 90007, located just steps from the University of Southern California (USC) and within the DPS Patrol Zone. Built in 2024, this modern asset boasts 16 spacious bedrooms and 16 bathrooms, with each bedroom featuring its own en-suite bathroom and closet. Priced at $3,325,000, equivalent to approximately $207,813 per bed and $604 per square foot, this property offers a compelling 6.30% cap rate and is fully leased for the 2025-2026 academic year, guaranteeing immediate returns and sustained growth potential.Covering 5,502 square feet and divided into five units(1 non-conforming-permitted as Rec-Room), the property is designed for maximum tenant comfort and functionality. Each unit includes a large open-plan kitchen, expansive living and dining spaces, and in-unit laundry facilities, fostering an inviting and practical living experience. Its versatile design supports both per-room and per-bed rental models, making it ideal for USC students, co-living, or transitional housing arrangements.Situated a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, the property provides easy access to Downtown Los Angeles and iconic landmarks like the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the forthcoming Lucas Museum of Narrative Art. With the 2028 Olympics approaching and steady demand from USC's student population, this low-maintenance, high-yield property offers a unique chance to invest in one of Los Angeles' most stable and thriving submarkets.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD1.5
Interior
Fireplace No
Exterior
Total Parking Spaces 4
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5040006012
Special Listing Condition Standard
Listed by Adam Shamooelian Keller Williams Beverly Hills