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Cheri' Benjamin

cherirbenjamin@gmail.com +1(404) 965-4080

$ 2,795,000

Est. payment -/mo

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1259 W 36th Pl Los Angeles, CA 90007

15 Beds

15 Baths

4,931 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,931 sqft

Price per Sqft $566

MLS Listing ID 26990767

Bedrooms 15

Year Built 2018

Lot Size 7,217 Sqft

Acres 0.1656

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1259 W. 36th Place, a turnkey, 2018-constructed student housing investment located within the prestigious DPS patrol zone, and within walking distance the campus and village. The investment is comprised five (5) spacious 3-bedroom + 3-bathroom residences, totaling 15-bedrooms and 15-bathrooms across approximately 4,931 rentable square feet on an approximately 7,217-square-foot lot. Each unit is fully furnished and features private bedroom and bathroom suites, vinyl-plank flooring, quartz countertops, mini-splits within each bedroom, stainless-steel appliances, tiled showers with glass enclosures, in-unit laundry, and modern finishes. The building also benefits from copper plumbing, dual-pane windows, a newer roof, and separately metered gas, electricity, and water.The property is 100% fully occupied by USC students and generates $23,387 in monthly gross income. Its history of parental lease guarantees and consistently strong academic-year occupancy contribute to an attractive and stable operating profile.The location offers convenient access to the USC Campus, USC Village, Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, museums, dining, and the Expo/Vermont Metro E Line station. Offered at a current 8.0% capitalization rate and 10.7x GRM, 1259 W. 36th Place represents a compelling opportunity to acquire a stabilized, low-maintenance student-housing asset near USC. Please contact the listing agent for the financial analysis and executive summary.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Electric, Heat Pump, Zoned

Cooling Electric, Multi/Zone, Wall Unit(s), Air Conditioning, Heat Pump(s)

Flooring Vinyl Plank, Tile, Other

Equipment Freezer, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Washer, Dryer, Other, Garbage Disposal

Laundry In Unit

Exterior

Parking Features Private, Gated, Parking Space

Garage Spaces 6.0

Building

Story 4

Level or Stories Multi/Split

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

Nearby Locations

Cheri' Benjamin

+1(404) 965-4080

Cheri' Benjamin

1259 W 36th Pl Los Angeles, CA 90007

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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1259 W 36th Pl