1171 W 36th PL, Los Angeles, CA 90007

Property Description

Welcome to 1171 & 1173 W. 36th Place and 3614 & 3616 S. Catalina Street, Los Angeles—an exceptional investment opportunity featuring four newly constructed residences completed in 2025, located just steps from the University of Southern California (USC). This offering consists of four thoughtfully designed four-story townhomes, each featuring six bedrooms and five bathrooms, for a total of 24 bedrooms and 20 bathrooms. Designed with both USC students and their families in mind, the property is only 2-minutes walk to the campus, is located within USC's Department of Public Safety (DPS) Security Zone and is equipped with private security cameras, providing an ideal combination of safety, convenience, and modern living. Residents have the flexibility to lease individual bedrooms or rent an entire home as a group, with both standard and fully furnished options available. This flexible leasing strategy appeals to a broad tenant base while supporting strong occupancy and consistent rental demand. Unlike many institutional student housing developments, West 36th & Catalina is family-owned and professionally managed. Ownership takes pride in maintaining the property to a high standard while fostering a safe, welcoming, and well-managed living environment. Significant rental upside exists for a new owner. Leasing commenced after the previous academic semester had concluded, and ownership prioritized securing full occupancy before the Fall semester rather than maximizing rental rates. As leases renew, a new owner has the opportunity to bring rents in line with prevailing market levels, representing an estimated 10–20% increase in rental income. Also, the new owner may convert the existing four garage into living spaces to further increase the rental income.