1416 W 36th St - Apartments FOR SALE


Los Angeles, CA 90018- South Central LA
$1,395,000 USD
310-666-2246
1416 W 36th St, Los Angeles, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/12
null | 5.05% Cap Rate

1416 W 36th St
Los Angeles, CA 90018
South Central LA


HIGHLIGHTS

  • Prime two-story, 4-unit property near USC with strong growth potential and steady income at a 5.05% cap rate.
  • Individual metering, large rear lot with possibilities for ADUs, and proximity to transit and major developments.
  • Excellent opportunity for growth in a rapidly evolving LA neighborhood, boosted by upcoming international events.

OVERVIEW

This is a rare opportunity to acquire a two-story, four-unit property just west of the USCan 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 5.0% cap rate and meaningful rent growth potential, with two units poised for 75100% increases. Preliminary plans to add four ADUs further enhance the longterm value 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 away 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 Expo Line 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.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

4

PRICE/UNIT

$348,750

CAP RATE

5.05%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-units near USC with upside - 5.05% Cap Rate

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,804 SF

ZONING

R2-1-O-CPIO

APN/PARCEL ID

5041-011-005

ASK ABOUT THIS PROPERTY

Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.