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Furnished Student Housing Apartment Building
New
For Sale
$2,795,000

1259 W 36th Place, Los Angeles, CA 90007

Five furnished residences offer private bedroom suites, in-unit laundry, and contemporary finishes near USC.

Property Size4,931 SF
Price / SF$566.82
Days on Market4

Property Features for 1259 W 36th Place

General Information

Standard status Active
Size 4,931 SF
Property subtype Multi-family

Building Details

Year Built 2018
Listing Agency: Keller Williams Hollywood Hills
Listed By: Davis Saadian
Source: Sevengables
Added: Sep 20 Changed: Sep 22 Last Checked: Sep 22 at 1:38PM

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 Keller Williams Hollywood Hills

Investment Insights

Based on property information with market context.

This 2018-built apartment property contains five furnished residences configured with three bedrooms and three bathrooms each, providing 15 bedrooms and 15 bathrooms across approximately 4,931 rentable square feet. Interior features include private bedroom and bathroom suites, vinyl-plank flooring, quartz countertops, stainless-steel appliances, tiled showers with glass enclosures, in-unit laundry, and mini-splits in each bedroom. Copper plumbing, dual-pane windows, a newer roof, and separately metered gas, electricity, and water add to the physical profile.

The property is 100% occupied by USC students and sits within walking distance of the USC campus and USC Village. Nearby destinations include Trader Joe's, Target, Exposition Park, the Los Angeles Memorial Coliseum, BMO Stadium, museums, dining, and the Expo/Vermont Metro E Line station. The offering is reported at an 8.0% capitalization rate and 10.7x GRM.

Key Highlights

  • Five furnished 3‑bedroom + 3‑bathroom residences
  • 15 bedrooms and 15 bathrooms across approximately 4,931 rentable square feet
  • 100% occupied by USC students

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Accounting Firm Acupuncture (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,437
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five furnished residences offer private bedroom suites, in-unit laundry, and contemporary finishes near USC.
Where is this apartment building located?
The property is located at 1259 W 36th Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Five furnished 3‑bedroom + 3‑bathroom residences; 15 bedrooms and 15 bathrooms across approximately 4,931 rentable square feet; 100% occupied by USC students
More about this property
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