1419 W 36th St, Los Angeles, CA 90018
- $1,295,000
- 4
- BD
- 4
- BA
- 4,786
- SqFt
Courtesy of Global Platinum Properties, Inc., Armin Soleimani - CA DRE#01846872
- List Price
- $1,295,000
- Status
- ACTIVE
- Days on Market
- 45
- MLS#
- 26871867
- Year Built
- 1913
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 4,786
- Lot Size
- 6,802
- Acres
- 0.16
- MLS Area Major
- Los Angeles Southwest (C34)
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 5.5% 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.
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Additional Information
- Air Conditioning
- Ceiling Fan
- Stories
- 2
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