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1236 Exposition Blvd, Los Angeles, CA 90007
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1236 Exposition Blvd Los Angeles, CA 90007

$614,900
  • 2 Beds
  • 1.5 Baths
  • 1,000 Sq.Ft.
For Sale
$614,900 Get Pre-Qualified
Map preview of 1236 Exposition Blvd, Los Angeles, CA 90007

Property Overview: 1236 Exposition Blvd Los Angeles, CA has 2 bedrooms, 1.5 bathrooms, 1,000 living square feet and 5,225 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: “The property is subject to California Civil Code Section 2429p for the first 30 days of marketing.” Side by side duplex on large lot. Great investment opportunity in highly sought after area of Los Angeles. Live in one and rent the other. Close to USC university, BMO stadium, Museum of Natural History, close proximity to major freeways, city transportation. Minutes from Downtown Los Angeles. Large rear storage area for additional space. Plenty of parking in rear. Long driveway, exterior perimeter fencing. Potential, Potential, Potential!

Listed by RAY DURAN, JR. | BRE #00997237 | L.A. REAL ESTATE NETWORK GROUP
Last checked: 54 seconds ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
5,225
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Duplex
Status
Active
MLS#
MB24081658
City
Los Angeles
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $11,400
  • Net Operating Income: $1,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,000
  • Water/Sewer: $0

Open Houses for 1236 Exposition Blvd

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Property Details for 1236 Exposition Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5037013024
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Use cell phone guidance
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 1236 Exposition Blvd

Last sold for $635,000 on November 1st, 2021

  • April, 2024

  • Apr 23, 2024

    Date

    Active

    CRMLS: MB24081658

    $614,900

    Price

  • December, 2023

  • Dec 25, 2023

    Date

    Canceled

    CRMLS: SR23224851

    $639,000

    Price

  • Dec 12, 2023

    Date

    Active

    CRMLS: SR23224851

    $639,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible Investment Opportunity near USC and priced to sell! This 4-unit multifamily property, within a half mile of the university, presents a unique blend of immediate income and future potential. The two front units, each 1+1, offer comfortable living spaces, while the rear storage has been tastefully converted into two vacant studio+bath units, expanding the property's capacity to four units. What sets this property apart is its LARD1.5 zoning, opening doors to future expansion possibilities. Investors can explore the potential for additional units or enhanced living spaces, capitalizing on the strategic location and high demand for housing near USC. Moreover, the property comes with a current open permit for converting the back units into legal 2+2 configurations, adding value and flexibility to the investment. This presents an excellent opportunity for those looking to optimize unit configurations and rental potential. Whether you're a seasoned investor or just starting, this multifamily property offers a winning combination of immediate rental income, recent studio conversions, and the potential for future expansion. Take advantage of the prime location, USC proximity, and the open permit for an investment that aligns with both current and future market trends. Seize the moment and make this multifamily property your next strategic investment!

  • October, 2023

  • Oct 20, 2023

    Date

    Canceled

    CRMLS: 23273018

    $769,000

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: 23273018

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Income Property Opportunity Located Just 2 1/2 Blocks From USC! Currently titled as a Duplex (consisting of two 500 SF studio units), the current owner is in the process of obtaining permits for 2 newly remodeled 1 Bed / 1 Bath units in the back of the property. 2 Studio units are both currently occupied, with 2 back units vacant. Huge paved parking lot w/ 5 spaces & even more potential income opportunity. Perfect for an owner/user or an investor looking to buy and maximize income potential. Located in a major growth zone central to public transportation, museums, parks, Staples Center, Downtown LA and much more. Unlimited potential!

  • September, 2021

  • Sep 2, 2021

    Date

    Pending

    CRMLS: SR21170379

    $649,000

    Price

  • Aug 7, 2021

    Date

    Active Under Contract

    CRMLS: SR21170379

    $649,000

    Price

  • Aug 4, 2021

    Date

    Active

    CRMLS: SR21170379

    $649,000

    Price

  • Aug 3, 2021

    Date

    Coming Soon

    CRMLS: SR21170379

    $649,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing location within 1/2 mile of University of Southern California (USC). Currently fully leased with month-month tenants. Sitting on a 5,225sf lot and zoned LARD1.5 for incredible upside potential to add units or tear down and build. Each unit features 1 bed/1 bath, kitchen and tile flooring. Bring your investors and contractors to take a look at a great investment opportunity at a great price to add to your portfolio or begin investing in real estate. Location is key when it comes to residential investments and being so close from one of the worlds most famed colleges, public transportation, museums, parks, Staples Center, Downtown LA and much more ensures future growth and income for years and years to come.

  • November, 2020

  • Nov 19, 2020

    Date

    Canceled

    CRMLS: DW20156313

    $620,000

    Price

  • Sep 17, 2020

    Date

    Withdrawn

    CRMLS: DW20156313

    $620,000

    Price

  • Aug 15, 2020

    Date

    Pending

    CRMLS: DW20156313

    $620,000

    Price

  • Aug 5, 2020

    Date

    Active

    CRMLS: DW20156313

    $620,000

    Price

  • Listing provided courtesy of CRMLS

    INVESTORS DELIGHT GREAT OPORTUNITY to add on this R 1.5 zoned lot walking distance to USC great potential also to add an ADU, immense opportunities to develop on this property currently 1 bedroom 1 bath duplex, garage was converted into a separate unit unpermitted but could be turned into an ADU has its own electric and gas meter Wont Last at this price.

  • December, 1999

  • Dec 3, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1999

  • Dec 3, 1999

    Date

    Sold (Public Records)

    Public Records

    $150,000

    Price

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Tax History for 1236 Exposition Blvd

Assessed Value (2020): $211,330
Year Land Value Improved Value Assessed Value
2020 $161,583 $49,747 $211,330

Home Value Compared to the Market

This property vs the competition

1236 Exposition Blvd is listed 49.8% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $614.9 per/sqft which puts the price per square foot 20.56% lower than the median price per square foot for the city of Los Angeles.

About 1236 Exposition Blvd

Detailed summary of property

1236 Exposition Blvd is a duplex located in Los Angeles, CA 90007 and is currently for sale. This duplex offers 2 bedrooms, 1.5 bathrooms, roughly 1,000 living square feet, and sits on an approximately 5,225 square foot lot. 1236 Exposition Blvd was first listed on ArdentRealEstateGroup.com on April 24, 2024. The homeowner is currently asking $614,900. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 49.8% lower than the median priced home. Local competing homes currently for sale include 1201 W 54th St, 700 W 53rd St and 710 W 55th St. While the average home in Los Angeles, CA is selling in 96 days, 1236 Exposition Blvd has a days on market of 10 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1236 Exposition Blvd Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1236 Exposition Blvd

Public county record property details
Beds
--
Baths
2
Year built
1922
Sq. Ft.
1,000
Lot Size
5,224
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5037-013-024

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
10
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), 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.

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