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Stacey Alysson Melman

1259 W 36th PL
Los Angeles, CA, 90007
$2,795,000
15 Beds
15 Baths
4,931 SqFt
0.17 Acres
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MLS #26990767 image #0
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.
AGENT: Davis Saadian
LISTING BROKERAGE: Keller Williams Hollywood Hills
1259 W 36th PL
Los Angeles, CA

Property Details

Price:
$2,795,000
MLS #:
26990767
Status:
Active
Beds:
15
Baths:
15
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Sep 21, 2026
Finished Sq Ft:
4,931
Total Sq Ft:
4,931
Lot Size:
7,217 sqft / 0.17 acres (approx)
Year Built:
2018
C34 – Los Angeles SouthwestC34losangelessouthwest
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Schools

Interior

Appliances
GD, RF
Cooling
ELC, HP
Flooring
TILE
Heating
ELC, HP, ZN
Laundry Features
DINC, WINC
Levels
S

Exterior

Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$280,644
Net Operating Income
$223,654

Map

Community

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