1259 W 36th Place, Los Angeles, CA 90007

• 4,931 sqft

Property Description

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 achie

Listing Status:

Active

Date Added:

October 1, 2025 at 05:00AM

Listing Office:

Keller Williams Hollywood Hills : 310-623-1300

Listing Agent:

Davis Saadian : 310-402-8958

MLS ID:

CL25600047

Interior

• Appliances: Dryer
• Laundry: DryerWasher
• A/C: Other
• Heating: Other

Exterior

• Parking: OtherPrivate

Location

• County: Los Angeles

Lot

• Zoning: LARD5040007026

This listing courtesy of Davis Saadian, Keller Williams Hollywood Hills