Los Angeles, CA 90007,1254 W 36th St
Los Angeles, CA 90007,1254 W 36th St
Los Angeles, CA 90007,1254 W 36th St
19
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$4,495,000
Est. payment /mo
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30 Beds
33 Baths
9,944 SqFt
New

1254 W 36th St Los Angeles, CA 90007

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Joshua Shorter

Joshua Shorter

Simply Vegas

+1(702) 728-0089

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,944 sqft

Price per Sqft $452

MLS Listing ID 25557335

Bedrooms 30

Year Built 1905

Lot Size 5,646 Sqft

Acres 0.1296

Property Sub-Type Multi-Family

Property Description

We are pleased to present an exceptional investment opportunity: a brand-new ground-up construction student housing property located just steps away from the University of Southern California (USC) and within the DPS Patrol Zone. Completed in 2025, this thoughtfully designed asset features a total of 30 oversized bedrooms and 33 bathrooms, with each bedroom offering a private en-suite bathroom and closet. Priced at $4,495,000, or just under $150,000 per bed and $452 per square foot, the property delivers strong returns with a 8.19% cap rate (which already accounts for an 8% professional property management fee) and is ideally positioned for long-term stability and growth. Spanning two distinct four-story structures and separated into three units, each with ten bedrooms, the design prioritizes space and comfort. Every unit features a large open-concept kitchen, generous dining and living areas, a convenient powder room, and two sets of washer and dryers, creating a welcoming and functional environment for tenants. The 10-foot ceilings, premium finishes, and spacious layouts not only set the property apart from comparable student rentals but also make it easier to lease year after year. The elevated design enhances tenant satisfaction and broadens appeal for both rent-by-the-room and rent-by-the-bed strategiesideal for USC students or co-living and transitional housing models. Located just a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, the property offers tenants seamless access to Downtown LA, and cultural landmarks such as the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. With the 2028 Olympics on the horizon and consistent demand from the USC student body, this newly built asset represents a rare opportunity to acquire a low-maintenance, high-capacity rental property in one of Los Angeles' most robust and resilient submarkets. *The property is currently vacant, as the sellers were awaiting the issuance of the Certificate of Occupancy prior to initiating any leasing activity.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 2.0

Building

Story 4

Level or Stories Three Or More

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Beverly Hills

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agent

Joshua Shorter

RE.S.0191694

+1(702) 728-0089

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1254 W 36th St