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RYAN STEELE

ryan.steele@lptrealty.com +1(818) 900-1859

$ 1,025,000

Est. payment | -/mo

5 Beds

4 Baths

1,467 SqFt

Save

$ 1,025,000

Est. payment | -/mo

Save

5 Beds

4 Baths

1,467 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,467 sqft

Price per Sqft $698

MLS Listing ID 26107360

Style A-Frame

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1903

Lot Size 5,302 Sqft

Acres 0.1217

Property Sub-Type Single Family Residence

Property Description

We are pleased to present 1293 W. 36th Street, a fully remodeled student housing property just two blocks from the University of Southern California and within the USC Department of Public Safety (DPS) Patrol Zone. The home has maintained 100% occupancy for the past 15 years and is fully leased to USC students for the 20262027 academic year. Current gross rent is $5,900 per month, or $70,800 annualized.Fully remodeled throughout, the home consists of five (5) large private bedrooms with four (4) updated bathrooms, giving students their own space and making shared living more comfortable. The spacious interior features vinyl plank flooring, a remodeled kitchen, and on-site laundry. For the next owner, the appeal starts with the home as it stands today. Parental guarantees back the leases, tenants pay all water, trash, gas, and electricity costs, and the remodeled residence is already producing income in one of the closest residential pockets to USC. Beyond the income already in place, approved, ready-to-issue plans give the buyer the option to expand to 13 bedrooms and 12 bathrooms across four units. The plans call for converting the residence into a duplex with a 4-bedroom + 3-bathroom unit and a 1-bedroom + 1-bathroom unit, plus adding two detached ADUs, each with four bedrooms and four bathrooms. At full buildout, projected gross rent reaches approximately $20,000 per month, or $240,000 annually, more than three times the current rent roll.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Other

Cooling Other

Flooring Vinyl Plank, Tile, Other

Fireplaces Type None

Equipment Range/Oven, Recirculated Exhaust Fan, Refrigerator, Freezer, Washer, Dryer, Ceiling Fan, Garbage Disposal, Other

Laundry Laundry Area

Exterior

Parking Features Private, Gated

Garage Spaces 6.0

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style A-Frame

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 EstateX inc.

Schools and Properties Nearby

1293 W 36th St Los Angeles, CA 90007