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.
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
See this Listing
Schools
Interior
Appliances
RF
Laundry Features
DINC, WINC
Levels
A
Exterior
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address1283 W 36th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 23, 2026
7,329
Single Family Listed
85
Avg DOM
441
Avg $ / SqFt
$1,698,059
Avg List Price
Property Summary
- 1283 W 36th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90007. It is listed for $1,150,000 and features 6 beds, 4 baths, and has approximately 1,985 square feet of living space, and was originally constructed in 1931. The current price per square foot is $579. The average price per square foot for Single Family listings in Los Angeles is $441. The average listing price for Single Family in Los Angeles is $1,698,059.
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