1814 W 36th Street, Los Angeles, California 90018, Los Angeles, 90018 - bed, bath

1814 W 36th Street, Los Angeles, California 90018 home-pic-0
ACTIVE$6,000,000
1814 W 36th Street, Los Angeles, California 90018
0Bed
0Bath
3,900Sqft
5,881Lot
Year Built
2024
Close
-
List price
$6M
Original List price
$6M
Price/Sqft
$1,538
HOA
-
Days on market
-
Sold On
-
MLS number
PW25080767
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros.

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

Nearby schools

4/10
Birdielee V. Bright Elementary School
Public,K-50.1mi
3/10
Sixth Avenue Elementary School
Public,K-50.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,K-50.8mi
2/10
Martin Luther King Jr. Elementary School
Public,K-50.8mi
3/10
Lenicia B. Weemes Elementary School
Public,K-50.9mi
2/10
John W. Mack Elementary School
Public,K-51.1mi
3/10
Normandie Avenue Elementary School
Public,K-51.6mi
5/10
Menlo Avenue Elementary School
Public,K-51.6mi
/10
Maple Primary Center
Public,K-12.5mi
3/10
Trinity Street Elementary School
Public,K-52.6mi
2/10
Audubon Middle School
Public,6-81.3mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.4mi
3/10
William Jefferson Clinton Middle School
Public,6-82.1mi
5/10
Foshay Learning Center
Public,K-120.4mi
3/10
Manual Arts Senior High School
Public,9-121.6mi
4/10
West Adams Preparatory High School
Public,9-121.8mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-122.0mi
5/10
Santee Education Complex
Public,9-122.9mi
3/10
Nava College Preparatory Academy
Public,9-123.6mi

Price History

Date
Event
Price
08/15/22
Sold
$832,000
06/30/17
Sold
$660,000
08/08/16
Sold
$365,000
Condition Rating
Excellent

This property is a brand new construction from 2024, featuring modern design and luxury finishes throughout. The kitchens boast quartz countertops, white shaker cabinets, and high-end stainless steel appliances, while the bathrooms are described as 'designer' with modern tile, glass-enclosed showers, contemporary vanities, and matte black fixtures. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Strategic Location: Prime location just 2.5 blocks from USC Village, moments from the Historic Adams District, and a 15-minute drive to Downtown LA, ensuring high demand from students and urban professionals.
Brand New Construction & Modern Appeal: Built in 2024 with luxury finishes, stylish modern interiors, and designer en-suite bathrooms, attracting premium renters and minimizing immediate capital expenditures.
Optimized Co-Living Model: Features 32 private en-suite bedrooms, individually leased for maximum income potential and tenant privacy, catering to a strong and growing market demand.
Robust Amenities & Security: Includes gourmet shared kitchens, in-unit laundry, attractive low-maintenance outdoor spaces, secure gated access with surveillance, high-speed Wi-Fi, and professional on-site management.
Energy Efficiency & Low Maintenance: Equipped with a 12.64 kW solar system and designed for low-maintenance durability, contributing to reduced operating costs and a sustainable profile.

Cons

Limited Dedicated Parking: Only 'limited onsite parking' is available, which could be a significant challenge for 32 residents in a dense urban environment, despite 'ample street parking' being mentioned.
Niche Market Investment: As a co-living specific property, its appeal is primarily to investors targeting this particular housing model, potentially narrowing the future buyer pool compared to traditional multi-family assets.
Included Utilities Risk: The current operational model includes all utilities in rent, which, while attractive to tenants, exposes the owner to fluctuating utility costs and removes tenant incentive for conservation, potentially impacting profitability.

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