New

$2,988,888

For Sale

10 hours ago

1259 W 36 Th Pl, Los Angeles, CA

Name: 1259 W 36 Th Pl, For Sale in Los Angeles - eXp Realty
Brand: Lyon Stahl Investment Real Estate, Inc.
SKU: 26663759
Price: 2988888 USD

MLS® 26663759

15 Bed

15 Bath

4931 sqft

5 Parking

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size 4931 sqft

Garage No

HOA Fees

Taxes

Days Active 0

Approx. Age 2018

Avg. Price Per Sqft $606

MLS® Number 26663759

Property Address: 1259 W 36th Pl, Los Angeles, CA, 90007-3950

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 1259 W 36th Pl, a premier 2018-constructed student housing investment opportunity located just west of USC within the university's 24-hour DPS patrol zone. Purpose-built to capture the robust demand from USC's 46, 000+ students, 65% of whom live off-campus, the property offers Five units each with 3 bedrooms and 3 bathrooms. Each unit features high-end finishes, quartz countertops, stainless steel appliances, central HVAC, and in-unit laundry, and individually metered for all utilities: gas, electricity, & water. Each unit has only two floors and offers spacious open layouts, designed to promote maximum comfort for the students. The property is ideally situated within walking distance to University Park and near the Expo/Vermont Metro Station providing easy access to Downtown Los Angeles, Mid-City, and the Westside. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is fully occupied by USC students and offers a strong 7.05% current cap rate and 10.64 GRM with a monthly scheduled gross income of $23, 416, allowing investors to maximize returns in one of Los Angeles' most stable rental submarkets. In addition to its strong fundamentals, the property qualifies for 100% bonus depreciation, creating a unique opportunity for investors to maximize early tax benefits through cost segregation. This combination of modern construction, durable student demand, and excellent operating fundamentals makes 1259 W 36th Pl ideal for any HNW individual or family office seeking a combination of yield, tax shelter, and long-term appreciations.

MLS® Number26663759

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age2018

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 12, 2026List Date

$2,988,888List Price

Commute

Commute

Starting Address

Destination Address

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