Active
1293 W 36th St
Los Angeles CA, 90007
$1,495,000
$1,019.09 per sqft
Active
13 Beds
12 Baths
1,467 sqft
Residential
Built in 1903
We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms & four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit & a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5,900/month Finalized constructed units will have a scheduled income of approximately $20,000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops,On-site laundry, and the tenants pay all utility expenses. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 school year.
24-436536
MLSⓇ ID
September 6, 2024
Listed
January 14, 2025
Updated
Map
1293 W 36th St
Los Angeles CA, 90007
Interior Features
Total Stories
1
Bedrooms
13
Total Bathrooms
12
Full Bathrooms
12
Appliances
Range/Oven, Refrigerator, Garbage Disposal, Other, Washer, Dryer
Laundry Description
Outside
Floor Description
Other
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.12 Acres
Architectual Style
Other
Other Property Details
Area Name
Los Angeles Southwest
Days on Market
130
Garage
No
Parking
Assigned
Parking Total
5
View
No
View Description
None
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LARD1.5
Listed by Davis Saadian with KW Advisors
Listing Contact: 310-402-8958
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Clara Yang | CA DRE# 01201082 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/14/2025