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

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