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1283 W 36th Street Los Angeles, CA 90007
$1,150,000 6 beds, 4 baths
1, 985 sqft
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Photo of Art Rivera

Art Rivera REALTORĀ® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
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Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
Phone: 949-644-6200
Fax: 949-640-7429
Newport Beach 23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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Agent Remarks

We are pleased to present the opportunity to acquire 1283 W. 36th Street, a two-unit student housing investment located just two blocks from the University of Southern California within the highly coveted DPS Patrol Zone. Positioned in one of the strongest and most consistent student housing rental markets in Los Angeles, the property benefits from premium rents, year-round tenant demand, and the security of being fully pre-leased for the 2026-2027 academic year. The offering consists of a 5-bedroom + 3-bathroom front single-family residence pre-leased at $5,700 per month, along with a private studio unit toward the rear of the lot pre-leased at $1,795 per month, generating a combined $7,495 per month in secured gross income. The front home's kitchen is currently undergoing a full remodel and update, delivering a fresh, modern interior that further enhances the property's appeal and rental value. With both units already committed, a new investor steps into stable, in-place cash flow and dependable yield from day one. The property totals approximately 1,985 rentable square feet on a 5,192 square foot lot. Operationally, the asset is exceptionally efficient. Tenants pay for all water, trash, gas, and electricity, minimizing landlord expenses and maximizing net operating income. Adding to the investment appeal, an existing parking garage toward the rear of the lot presents a significant value-add opportunity, offering a new owner the potential to construct an ADU to further increase cash flow and overall asset value over time. Priced at an in-place 6.0% cap rate and combining secured pre-leased income, low-maintenance ownership, and long-term upside, 1283 W. 36th Street is a rare opportunity to own a premier, income-producing asset in one of LA's most reliably performing rental markets, just steps from campus.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26849769
List price is $1,150,000
Beds: 6
Baths: 4
Built in 1931
1,985 sqft
1 story
0.12 acres
Lot size: 0.1192
County: Los Angeles
Zoning: LARD1.5
Appliances: Refrigerator,Dryer,Washer
Parking description: Gated
MLS area: C34 - Los Angeles Southwest

Last Updated: 6/27/2026

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.023055, -118.296988.
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Listing Agent: Davis Saadian
Lic#: 00497094
Office Name: Newport Beach

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Total population of , which has changed by % since 1990.
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Out of households, are families.

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Photo of Art Rivera

Art Rivera REALTORĀ® - Broker Associate 949-230-8303 m
949-644-6200 o
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com
Text Me
Call My Cell
Call My Office
Lic#: 00497094
NRDS ID: 205501712
artrivera2@gmail.com

Newport Beach Office
23 Corporate Plaza, Suite 100
Newport Beach, CA 92660
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