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John Francis O'Brien

johnfob@me.com +1(856) 287-3059

$ 1,125,000

Est. payment -/mo

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1293 W 36th St Los Angeles, CA 90007

5 Beds

4 Baths

1,467 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,467 sqft

Price per Sqft $766

MLS Listing ID 26849785

Bedrooms 5

Year Built 1903

Lot Size 5,302 Sqft

Acres 0.1217

Property Sub-Type Multi-Family

Property Description

We are pleased to present the opportunity to acquire 1293 W. 36th Street, an exceptional redevelopment opportunity with full RTI plans and permits, located in the highly desirable DPS Patrol Zone just two blocks from the University of Southern California. This is a rare chance to acquire an income-producing asset today while unlocking significant value through a fully approved, shovel-ready expansion in one of LA's strongest student housing markets. The existing property consists of a 5-bedroom + 4-bathroom single-family residence. The approved RTI plans convert the existing residence into a spacious duplex, comprised of a 4-bedroom + 3-bathroom unit, and a 1-bedroom + 1-bathroom unit, and further allow for the construction of two detached ADUs, each offering 4 bedrooms + 4 bathrooms. Once fully constructed, the property will total four units with 13 bedrooms and 12 bathrooms, dramatically increasing density, income, and overall asset value. The property currently generates $5,900 per month in gross income, with a scheduled income of approximately $20,000 per month upon completion of the fully built-out units. The residence features hardwood floors, stainless steel kitchen appliances, quartz countertops, and on-site laundry. With tenants paying all water, trash, gas, and electricity, landlord expenses remain exceptionally minimal, maximizing net operating income. The investment is 100% occupied by USC students and fully leased for the 2026-2027 school year. Combined with parental guarantees on leases and occupancy levels routinely reaching 100% throughout the school year, the asset represents a low-risk investment poised for continued growth and outstanding operating fundamentals. 1293 W. 36th Street offers the best of both worlds: stable in-place cash flow today and substantial, permit-ready upside for tomorrow, about a block away from campus.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Range/Oven, Refrigerator, Washer, Dryer, Other, Freezer

Exterior

Parking Features Other

Garage Spaces 5.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

John Francis O'Brien

+1(856) 287-3059

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John Francis O'Brien

1293 W 36th St Los Angeles, CA 90007

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1293 W 36th St