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Stacey Alysson Melman

1283 W 36th ST
Los Angeles, CA, 90007
$1,150,000
6 Beds
4 Baths
1,985 SqFt
0.12 Acres
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MLS #26849769 image #0
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.
AGENT: Davis Saadian
LISTING BROKERAGE: Keller Williams Hollywood Hills
1283 W 36th ST
Los Angeles, CA

Property Details

Price:
$1,150,000
MLS #:
26849769
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Neighborhood:
c34losangelessouthwest
Listed Date:
Jun 19, 2026
Finished Sq Ft:
1,985
Total Sq Ft:
1,985
Lot Size:
5,194 sqft / 0.12 acres (approx)
Year Built:
1931
C34 – Los Angeles SouthwestC34losangelessouthwest
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Schools

Interior

Appliances
RF
Laundry Features
DINC, WINC
Levels
A

Exterior

Parking Spots
5
Parking Total
5

Financial

Gross Operating Income
$89,940
Net Operating Income
$70,465

Map

Community

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