Two-Unit Student Housing
For Sale
$1,150,000
1283 W 36th St, Los Angeles, CA 90007
Fully pre-leased student housing duplex with a front single-family home and rear studio, plus tenant-paid utilities.
Property Size1,985 SF
Lot Size0.12 Acres
Price / SF$579.35
Days on Market88
Property Features for 1283 W 36th St
General Information
Standard status
Active
Size
1,985 SF
Net Rentable
1,985 SF
Lot size
0.12 Acres
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Cap Rate
6%
Gross Income
$89,940
Additional Details
Utilities to Site
Yes
Building Details
Building Size
1,985 SF
Year Built
1931
Tenancy
Multi
Listing Agency:
Keller Williams Hollywood Hills
Listed By:
Davis Saadian · License #01921748
(310) 402-8958
Source:
Rochellemaize
Added: Jun 19
Changed: Sep 10
Last Checked: Sep 14 at 8:41AM
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 two-unit student housing duplex includes a front single-family residence and a private studio unit toward the rear of the lot. The front home is a 5-bedroom, 3-bath configuration, and the kitchen is currently undergoing a full remodel and update. Both units are fully pre-leased for the 2026–2027 academic year.
The property totals approximately 1,985 rentable square feet on a 5,192 square foot lot and was built in 1931. Tenants pay for all water, trash, gas, and electricity, which helps keep operating expenses streamlined. An existing parking garage toward the rear of the lot supports a potential value-add concept for a new owner, including the opportunity to construct an ADU to enhance cash flow over time.
For underwriting purposes, the offering is presented at an in-place 6.0% cap rate, combining secured pre-leased income with a low-maintenance ownership profile.
The property totals approximately 1,985 rentable square feet on a 5,192 square foot lot and was built in 1931. Tenants pay for all water, trash, gas, and electricity, which helps keep operating expenses streamlined. An existing parking garage toward the rear of the lot supports a potential value-add concept for a new owner, including the opportunity to construct an ADU to enhance cash flow over time.
For underwriting purposes, the offering is presented at an in-place 6.0% cap rate, combining secured pre-leased income with a low-maintenance ownership profile.
Key Highlights
- Front home is a 5‑bedroom, 3‑bath configuration; rear unit is a private studio
- Fully pre‑leased for the 2026–2027 academic year
- Approximately 1,985 rentable SF on a 5,192 SF lot
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully pre-leased student housing duplex with a front single-family home and rear studio, plus tenant-paid utilities.
Where is this duplex located?
The property is located at 1283 W 36th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Front home is a 5‑bedroom, 3‑bath configuration; rear unit is a private studio; Fully pre‑leased for the 2026–2027 academic year; Approximately 1,985 rentable SF on a 5,192 SF lot
