1159 W 36Th St Los Angeles, CA 90007
Nine-unit apartment building near USC with value-add potential.
Property size:
7,148 SFProperty Features for 1159 W 36Th St
General Information
- Size
- 7,148 SF
Building Details
- Year built
- 1964
Source:
Svn
Listing Agent: Michael Chang
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Apartments Near USC West Campus
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.2934367
- Latitude
- 34.0232205
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FAQs
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.