Properties

Los Angeles, CA 90007 1259 W 36th Place

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Presented By: Benjamin Lee with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 26663759
  • 03/12/2026
  • Get pre-approved
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  • Beds • 15
  • Baths • 15
  • SQFT • 4,931

Home Details

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, Heat Pump 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.
Presented By: Benjamin Lee with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 1259 W 36th Place

Bedrooms

Total Bedrooms15

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths15

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 1259 W 36th Place

AppliancesDishwasher, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan, Dryer, Washer
Cap Rate7.05
CityLos Angeles
CoolingHeat Pump
CountyLos Angeles
DirectionsLocated within the USC DPS patrol zone, West of the campus. A short walk from University Park.
Full Baths
Gross Income280986
HOANo
HeatingHeat Pump
LevelsTwo, Multi/Split
Living Area4931
Lot Size Square Feet7214
Lot Size UnitsSquare Feet
MLS AreaC34 - Los Angeles Southwest
Net Operating Income210682
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tenant PaysElectricity, Gas, Trash Collection, Water
Year Built2018
Year Built SourceBuilder
ZoningLARD1.5

Exterior for 1259 W 36th Place

Building Area Total4931
Lot Size Acres0.1656
Lot Size Area7214
Number of Buildings2
Parking FeaturesGated, Private
Total Parking5

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,988,888
MLS#26663759
List Date 03/12/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Info
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