Log In/Sign Up
Your email has been sent.
4 Units by USC Secured Area - High Upside 1416 W 36th St 4 Unit Apartment Building $1,295,000 ($323,750/Unit) 5.50% Cap Rate Los Angeles, CA 90018



Investment Highlights
- Prime two-story, 4-unit property near USC with strong growth potential and steady income at a 5.5% cap rate.
- Excellent opportunity for growth in a rapidly evolving LA neighborhood, boosted by upcoming international events.
- Individual metering, large rear lot with possibilities for ADUs, and proximity to transit and major developments.
Executive Summary
This is a rare opportunity to acquire a two-story, four-unit property just west of USC — an 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 5.5% cap rate and meaningful rent growth potential, with two units poised for 75–100% increases.
Preliminary plans to add four ADUs further enhance the long-term 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 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.
Preliminary plans to add four ADUs further enhance the long-term 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 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.
Property Facts
| Price | $1,295,000 | Apartment Style | Low-Rise |
| Price Per Unit | $323,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.50% | Building Size | 4,786 SF |
| Gross Rent Multiplier | 12.35 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1913 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Zoning | R2-1-O-CPIO - Restricted Density Multiple Dwelling | ||
| Price | $1,295,000 |
| Price Per Unit | $323,750 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Gross Rent Multiplier | 12.35 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,786 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1913 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R2-1-O-CPIO - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 3+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5041-011-005 | Improvements Assessment | $962,800 |
| Land Assessment | $1,061,208 | Total Assessment | $2,024,008 |
Property Taxes
Parcel Number
5041-011-005
Land Assessment
$1,061,208
Improvements Assessment
$962,800
Total Assessment
$2,024,008
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
