- – beds
- – baths
- – sqft
- 5,646 sqft lot
- 1905 build
- – on site
We are pleased to present an exceptional investment opportunity: a brand-new ground-up construction student housing property located just steps away from the University of Southern California (USC) and within the DPS Patrol Zone. Completed in 2025, this thoughtfully designed asset features a total of 30 oversized bedrooms and 33 bathrooms, with each bedroom offering a private en-suite bathroom and closet. Priced at $4,495,000, or just under $150,000 per bed and $452 per square foot, the property delivers strong returns with a 8.19% cap rate (which already accounts for an 8% professional property management fee) and is ideally positioned for long-term stability and growth. Spanning two distinct four-story structures and separated into three units, each with ten bedrooms, the design prioritizes space and comfort. Every unit features a large open-concept kitchen, generous dining and living areas, a convenient powder room, and two sets of washer and dryers, creating a welcoming and functional environment for tenants. The 10-foot ceilings, premium finishes, and spacious layouts not only set the property apart from comparable student rentals but also make it easier to lease year after year. The elevated design enhances tenant satisfaction and broadens appeal for both rent-by-the-room and rent-by-the-bed strategiesideal for USC students or co-living and transitional housing models. Located just a short walk from USC and less than half a mile from the Expo/Vermont E Line Metro Station, the property offers tenants seamless access to Downtown LA, and cultural landmarks such as the LA Coliseum, BMO Stadium, California Science Center, Natural History Museum, and the upcoming Lucas Museum of Narrative Art. With the 2028 Olympics on the horizon and consistent demand from the USC student body, this newly built asset represents a rare opportunity to acquire a low-maintenance, high-capacity rental property in one of Los Angeles' most robust and resilient submarkets. *The property is currently vacant, as the sellers were awaiting the issuance of the Certificate of Occupancy prior to initiating any leasing activity.
Last checked:
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Last updated Jun 27, 2025
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MLS# 25557335 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1905
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New Construction:No
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Building Area Total:9944.00
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Total Number Of Units:3
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# of Buildings:2
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Stories Total:4
Interior
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Levels:Three Or More
Location
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Directions:1254 W. 36th Street, 90007
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Latitude:34.02260300
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Longitude:-118.29620500
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:5646.0000
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Lot Size Acres:0.1296
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Lot Size SqFt:5646.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5040007008
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/26/25
Jun 26, 2025
|
Listed / Active | CRMLS_CA | $4,495,000 | 284.2% (135.4% / YR) |
4/7/25
Apr 7, 2025
|
Price Changed | CRMLS_CA | ||
3/17/25
Mar 17, 2025
|
Listed / Active | CRMLS_CA |