Apartments Near USC West
For Sale
$3,100,000
1159 W 36th St, Los Angeles, CA 90007
Nine-unit apartment building near USC with value-add potential.
Property Size7,148 SF
Price / SF$433.69
Days on Market273
Property Features for 1159 W 36th St
General Information
Standard status
Active
Size
7,148 SF
Property subtype
Multifamily
Building Details
Building Size
7,148 SF
Year Built
1964
Listing Agency:
SVN | Rich Investment Real Estate Partners Los Angeles
(626) 688-8864
Listed By:
Michael Chang · License #CalDRE #01880895
(626) 688-8864
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 20 at 5:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Rich Investment Real Estate Partners Los Angeles
Investment Insights
Based on property information with market context.
This two-story apartment building, constructed in 1964, is located half a block from the USC West Campus, southwest of Downtown Los Angeles. The property features nine units, each with two bedrooms and one bathroom, with an average size of approximately 800 square feet. Situated on an R3 zoned lot exceeding 9,000 square feet, the wood-frame stucco building includes nine parking spaces. The property has undergone city-mandated seismic soft-story parking work. One unit has been recently renovated and will be delivered vacant. Utilities are separately metered for gas and electric, and master metered for water. An on-site laundry room includes a seller-owned washer and dryer. Most units feature upgrades such as laminate floors, new windows, and updated cabinets and bathroom vanities. The property is located near Smart & Final, the United States Postal Service, and Trader Joe's/Target. The location has an 81 Walk Score, indicating it is very walkable. The property is located within the USC Patrol Zone and is several blocks north of the Expo Metro Line. The R3 zoning, located in a TOC Tier 3 Zone, qualifies for a density bonus and offers development potential.
Key Highlights
- Prime Location: Half a block from USC West Campus, ideal for student housing conversion.
- Value‑Add Opportunity: Approximately 35% rental upside with potential for rent growth.
- Favorable Unit Mix: All 9 units are 2 bedroom/1 bath, appealing to student renters.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,034
Businesses Nearby
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine-unit apartment building near USC with value-add potential.
Where is this apartment building located?
The property is located at 1159 W 36th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Prime Location: Half a block from USC West Campus, ideal for student housing conversion.; Value‑Add Opportunity: Approximately 35% rental upside with potential for rent growth.; Favorable Unit Mix: All 9 units are 2 bedroom/1 bath, appealing to student renters.
