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$ 1,195,000
Est. payment /mo
Price Dropped by $100K
1419 W 36th ST Los Angeles, CA 90018
4 Beds
4 Baths
4,786 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,786 sqft
Price per Sqft $249
MLS Listing ID 26871867
Bedrooms 4
HOA Y/N No
Year Built 1913
Lot Size 6,804 Sqft
Property Description
This is a rare opportunity to acquire a two-story, four-unit property just west of USC, an area undergoing rapid growth and significant new development. With 4,786 sq. ft. of improvements on a generous lot with ample parking, the asset is well-positioned for strong tenant demand and future expansion. The property offers an attractive blend of stability and upside: a solid 6.1% cap rate and meaningful rent growth potential, with two units poised for 75-100% increases. Preliminary plans to add four ADUs further enhance the long-termvalue proposition. Each unit is individually metered for gas and electricity, keeping operating costs low and management efficient. The expansive rear lot provides excellent flexibility for additional ADU development. Located a stone's throw from USC security and adjacent to new construction, the property sits in a neighborhood energized by ongoing multifamily and commercial projects, major infrastructure upgrades, and global events including the 2026 World Cup and 2028 Olympics. Its proximity to the ExpoLine offers seamless access to transit, employment centers, and entertainment. This is an exceptional chance to secure a cash-flowing asset with multiple avenues for growth in one of Los Angeles' most dynamic and rapidly evolving submarkets.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Uncovered
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5041011004
Special Listing Condition Standard
Listed by Armin Soleimani Global Platinum Properties, Inc. #01846872