1814 W 36th St - Apartments FOR SALE


Los Angeles, CA 90018- Leimert Park
$6,000,000 USD
626-669-1917
1814 W 36th St, Los Angeles, CA for Sale
$6,000,000 USD
Apartments - FOR SALE
1/44
null | 5.17% Cap Rate

1814 W 36th St
Los Angeles, CA 90018
Leimert Park


HIGHLIGHTS

  • 2.5 blocks from USC Village and moments from the Historic Adams District
  • Solar - 12.64 kw, system investment of $50,600
  • 32 private en-suite bedrooms (+ 2 common area bathrooms), individually leased for maximum income potential and tenant privacy
  • All Utilities Included in rent pricing for current lessees

OVERVIEW

Modern New Construction Co-Living Investment in Prime USC/Adams District Welcome to 1814 W 36th Street, an exceptional new construction (2024) co-living apartment complex located just 2.5 blocks from USC Village and moments from the Historic Adams District. Nestled just south of the 10 Freeway and a 15-minute drive to Downtown Los Angeles, this turnkey investment offers unrivaled access to local universities, transit lines, dining, and cultural hotspots. This beautifully designed asset features 32 private en-suite bedrooms (+ 2 common area bathrooms), individually leased for maximum income potential and tenant privacy. Built for the modern urban renter, the property boasts luxury finishes, low-maintenance durability, and investor-ready financials that cash flow from day one. Property Features 32 Private Suites — Each room includes a private bath, and high-quality finishes, appealing to students and professionals alike. Solar - 12.64 kw, system investment of $50,600 Stylish Modern Interiors — Light gray wood-finish flooring, recessed lighting, and open-concept layouts deliver a bright and contemporary feel throughout the building. Designer Bathrooms — Every private bath is appointed with modern tile, glass-enclosed showers, contemporary vanities, and matte black fixtures. Gourmet Shared Kitchens — Residents enjoy access to two expansive, fully equipped shared kitchens featuring quartz countertops, white shaker cabinets, high-end stainless steel appliances, and multiple prep stations, 3x3 appliances. In-Unit Laundry — Each level includes stacked washer/dryer units for tenant convenience. Outdoor Amenities — Thoughtfully landscaped with low-maintenance gravel courtyards, ample bike racks, and lounge seating. A fenced front yard with artificial turf enhances curb appeal and privacy. Secure Gated Access — The building is protected by a modern black steel fence and security gate with exterior surveillance. Parking & Storage — Limited onsite parking with easy access and side yard carport; ample street parking available. Operational Highlights Individually Metered for gas, electric, and water All Utilities Included in rent pricing for current lessees High-Speed Wi-Fi throughout the property Security Patrol & On-Site Resident Manager for a professionally run, hands-off investment experience

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

32

PRICE/UNIT

$187,500

CAP RATE

5.17%

% LEASED

84%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Scholar on 36th

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,881 SF

ZONING

LAR2

APN/PARCEL ID

5042-027-005

ASK ABOUT THIS PROPERTY

Steven GraySterling Gray Realty GroupMore Info
626-669-1917

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Steven GraySterling Gray Realty GroupMore Info
626-669-1917

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