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123 E 36Th Pl Los Angeles, CA 90011

$1,530,000 Sold Price as of 08/09/2021

13 Beds
10 Baths
4,568 Sq.Ft.

Sold

$1,530,000 Sold Price as of 08/09/2021 Refinance Your Mortgage

Map preview of 123 E 36Th Pl, Los Angeles, CA 90011

Property Overview: 123 E 36Th Pl Los Angeles, CA has 13 bedrooms, 10 bathrooms, 4,568 living square feet and 9,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present for sale Alma Del Pueblo, a 10-unit, two-building Craftsman & Spanish Bungalow style multifamily property located at 123 East 36th Place in the rapidly gentrifying Historic Central neighborhood of Los Angeles. Situated east of Main Street and south of Jefferson Boulevard, the 1926-built property is comprised of one Bungalow-style building with seven one-bedroom / one-bathroom units averaging 550 square feet and one two-bedroom / one-bathroom unit with 850 square feet of living space. The second structure is a traditional two-story Craftsman-style duplex featuring a 900 square feet downstairs one-bedroom / one-bathroom unit, and a 1,100 square foot three-bedroom / one-bathroom upstairs unit. The combined gross building area measures 6,546 square feet, on a 9.375 square foot lot. Both buildings feature a new roof and comprehensively updated exterior with distinctive curb appeal highlighted by lush landscaping that hints at the thoughtfully maintained unit interiors. The property benefits from new electrical wiring throughout, including an updated main panel and individual sub-panels in all units, new copper plumbing, individual water heaters in each unit, and a new roof on the two structures.

Listed by Adam Zunder | BRE #01821053 | Iconic Investments
Co-listed by Jefferson Paiz | BRE #02131003 | Iconic Investments

Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft: 9,399
HOA Dues: $0/mo
Year built: 1926
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21726794
City: Los Angeles
County: Los Angeles
Time on Site: 1225 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 10
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 8
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $925
Total Rent: $7,404
Pro Forma/Market Rent: $12,400

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,304
Total Rent: $1,304
Pro Forma/Market Rent: $2,150

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $767
Total Rent: $767
Pro Forma/Market Rent: $1,550

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 12.62
Gross Scheduled Income: --
Net Operating Income: $68,561
Gross Operating Income: $122,855

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 123 E 36Th Pl

Interior Features

Cooling Information

Has Cooling
Wall/Window Unit(s)

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Direct Garage Access, Driveway

Property Information

Total # of Units: 10
Parcel Number: 5120010014

Location / Neighborhood

Location Information

Directions: Just East of USC. South of Jefferson Blvd and East of Main St.

View more facts & features

Local Los Angeles Agent

Sale History for 123 E 36Th Pl

Last sold for $1,530,000 on August 9th, 2021

August, 2021
Aug 11, 2021

Date

Sold

CRMLS: 21726794

$1,530,000

Price
Jul 30, 2021

Date

Pending

CRMLS: 21726794

$1,550,000

Price
Jul 29, 2021

Date

Active Under Contract

CRMLS: 21726794

$1,550,000

Price
Jun 23, 2021

Date

Price Change

CRMLS: 21726794

$1,550,000

Price
May 3, 2021

Date

Active

CRMLS: 21726794

$1,600,000

Price
June, 2015
Jun 1, 2015

Date

Sold (Public Records)

Public Records

$670,000

Price
December, 2014
Dec 17, 2014

Date

Sold (Public Records)

Public Records

$572,100

Price

Tax History for 123 E 36Th Pl

Assessed Value (2020): $824,200

Year	Land Value	Improved Value	Assessed Value
2020	$351,659	$472,541	$824,200

Home Value Compared to the Market

This property vs the competition

123 E 36Th Pl sold on August 9, 2021 for 38.39% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $339.32 per/sqft which puts the price per square foot 53.13% lower than the current median sale per square foot for the city of Los Angeles.

About 123 E 36Th Pl

Detailed summary of property

123 E 36Th Pl is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 13 bedrooms, 10 bathrooms, roughly 4,568 living square feet, and sits on an approximately 9,399 square foot lot. 123 E 36Th Pl was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,530,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.39% higher than the current median priced home. Local homes that are currently for sale include 1045 W Vernon Ave, 1275 W 37th Dr and 1387 W 30th St. While the average home in Los Angeles, CA is selling in 106 days, 123 E 36Th Pl has a days on market of 57 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 123 E 36Th Pl Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 123 E 36Th Pl

Public county record property details

Beds: 16
Baths: 10
Year built: 1926
Sq. Ft.: 6,546
Lot Size: 9,375
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 38,39
APN: 5120-010-014

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$620,000

Median List Price/Sq.Ft.

$532

Median Sold Price

$590,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

102.61%

Avg Days on Market

Loan Type

Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.