$3,099,000
Los Angeles, CA 90007
16
Beds
16
Baths
5,298
Sq. Ft.
2024
Year Built
Los Angeles
County
ResidentialIncome
Property Type
We are pleased to present 1269 W 36th St, a newer constructed 16-bed student housing asset built in 2024, located just west of USC's University Park Campus within the USC Department of Public Safety (DPS) Patrol Zone. The property features five units, with mostly two- and three-bedroom floor plans designed to appeal to recent student leasing demand for less roommates. The property is offered at a 6.48% CAP rate and 11.71 GRM on in-place income, with a projected 9.40% CAP rate and 8.72 GRM at market rents, providing meaningful embedded upside. Fully leased for the Fall 2026 semester with every bed secured through late July 2027, the property offers stabilized cash flow and minimal near-term lease-up risk. Three of the five units are master leased, providing a more hands-off ownership experience with utilities and day-to-day management shifted to the master tenant. Located within walking distance of USC, less than one mile from USC Village, and near the Expo/Vermont Metro station, the property benefits from strong and durable student housing demand. The property also qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, offering potential tax advantages and an opportunity for cost segregation. The offering represents a turnkey opportunity to acquire 2024 construction student housing with stable income, built-in rental upside, and a prime USC location.
$16,494/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 3:15 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
