$9,500,000

Estimated payment $52,330/month

Total Views 489
36 Beds
36 Baths
17,232 Sq Ft
$551 Price per Sq Ft

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Central Heating and Cooling System
  • 0.41 Acre Lot
  • 12 Car Attached Garage
  • Gated Home

About This Home

1168-1180 W. 36thPl., a prime student housing opportunity one-half block west of the University of Southern California (USC) in Los Angeles. Built in 2015 and designed specifically for student housing, the asset is comprised of 6 freestanding duplexes (12 units in total), each with 3 bedrooms and three bathrooms for a total of 36 bedrooms. Each unit features its own secure garage, kitchen/living area on the second floor and in-unit washer and dryer. The buildings are separately metered for all utilities including water and offer a gated perimeter for tenant security. The USC student housing market is comprised of mid-sized apartments located in adjacent low density residential neighborhoods along with institutional-sized housing along commercial corridors like Figueroa and Vermont Ave. 1168-1180 W.36th Pl. boasts clean, safe, modern living just one-half block west of campus and walkable to the Lucas Museum, Exposition Park and the LA Memorial Coliseum. The asset is also just blocks from the Expo/Vermont Metro Line offering express transit from Downtown LA to Santa Monica Beach and everything in between. The immediate area is a lively mix of student housing, residential streets, and campus-related amenities. It is a very walkable neighborhood with a high Walk Score, making it easy to get around on foot to nearby amenities and attractions. General area amenities include a variety of restaurants, cafes, and markets that serve the student population. The location offers easy access to the numerous cultural and recreational highlights within Exposition Park, including the Natural History Museum of Los Angeles County, the California Science Center, and the Exposition Park Rose Garden. The area also benefits from excellent public transit with nearby Metro stations, further connecting the neighborhood to the rest of Los Angeles.

Listing Agent

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 07/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,795

Year Built

  • Built in 2015

Lot Details

  • 0.41 Acre Lot
  • North Facing Home
  • Gated Home

Parking

  • 12 Car Attached Garage
  • Driveway
  • Gated Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 17,232 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 36 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • 6 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5040-029-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,795

Year Built

Built in 2015

Lot Details

0

Parking

12

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 17232
  • Lot Acreage: 0.4120
  • Probate: No
  • Stories: 2
  • Year Built: 2015
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 36
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 36.00
  • Equipment: Washer, Dryer, Dishwasher
  • Price Per S Q F T: 551.30

Exterior Features

  • Direction Faces: North
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 12
  • Parking Garage: Attached, Covered Parking, Driveway, Gated
  • Total Parking: 12

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 29.41
  • Assessed Improvement Value: 83301
  • Assessed Land Percent: 70.59
  • Assessed Land Value: 199947
  • Total Assessed Value: 283248
  • Assessor Parcel Number: 5040-029-008
  • Lot Size Area: 17985

Rental Info

  • Rent Control: No
  • Tenant Pays: Gas, Water, Electricity

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.71
  • Number Of Units: 12
  • Total Annual Expense: 234364
  • Type Of Units: Student
  • Vacancy Rate: 8.3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,795 $288,912 $203,945 $84,967
2024 $3,795 $283,248 $199,947 $83,301
2023 $3,731 $277,695 $196,027 $81,668
2022 $3,575 $272,251 $192,184 $80,067
2021 $3,518 $266,914 $188,416 $78,498
2020 $3,547 $264,179 $186,485 $77,694
2019 $3,420 $259,000 $182,829 $76,171
2018 $3,303 $253,923 $179,245 $74,678
2016 $3,142 $244,065 $172,286 $71,779
2015 $3,099 $240,400 $169,699 $70,701
2014 $3,129 $235,692 $166,375 $69,317
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $9,500,000 -- $551 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Individual Deed -- Progressive Title Company
Individual Deed -- Progressive Title Company
Individual Deed $170,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,100 New Conventional
Closed $207,444 Unknown
Closed $100,000 Credit Line Revolving
Closed $188,023 Unknown
Closed $190,000 Unknown
Closed $16,000 Credit Line Revolving
Closed $158,283 FHA
Previous Owner $152,800 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25569171

The MLS

APN: 5040-029-008