Request More Info
Schedule a Showing
Share
Print
|
We are pleased to present the opportunity to acquire 1293 W. 36th Street, an exceptional redevelopment opportunity with full RTI plans and permits, located in the highly desirable DPS Patrol Zone just two blocks from the University of Southern California. This is a rare chance to acquire an income-producing asset today while unlocking significant value through a fully approved, shovel-ready expansion in one of LA's strongest student housing markets. The existing property consists of a 5-bedroom + 4-bathroom single-family residence. The approved RTI plans convert the existing residence into a spacious duplex, comprised of a 4-bedroom + 3-bathroom unit, and a 1-bedroom + 1-bathroom unit, and further allow for the construction of two detached ADUs, each offering 4 bedrooms + 4 bathrooms. Once fully constructed, the property will total four units with 13 bedrooms and 12 bathrooms, dramatically increasing density, income, and overall asset value. The property currently generates $5,900 per month in gross income, with a scheduled income of approximately $20,000 per month upon completion of the fully built-out units. The residence features hardwood floors, stainless steel kitchen appliances, quartz countertops, and on-site laundry. With tenants paying all water, trash, gas, and electricity, landlord expenses remain exceptionally minimal, maximizing net operating income.The investment is 100% occupied by USC students and fully leased for the 2026-2027 school year. Combined with parental guarantees on leases and occupancy levels routinely reaching 100% throughout the school year, the asset represents a low-risk investment poised for continued growth and outstanding operating fundamentals. 1293 W. 36th Street offers the best of both worlds: stable in-place cash flow today and substantial, permit-ready upside for tomorrow, just steps from campus.
Property Type(s):
Single Family
| Last Updated | 6/19/2026 | Year Built | 1903 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | County | Los Angeles |
Additional Details
| APPLIANCES | Dryer, Refrigerator, Washer |
|---|---|
| AREA | C34 - Los Angeles Southwest |
| LOT | 5301 sq ft |
| LOT DIMENSIONS | 41x130 |
| PARKING | Private |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| VIEW DESCRIPTION | None |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Keller Williams Hollywood Hills
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email