1297 W 36Th St, Los Angeles, CA 90007
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1297 W 36Th St Los Angeles, CA 90007

$1,325,000 Sold Price as of 07/08/2021
  • 4 Beds
  • 2 Baths
  • 2,001 Sq.Ft.
Sold
$1,325,000 Sold Price as of 07/08/2021 Refinance Your Mortgage

Map preview of 1297 W 36Th St, Los Angeles, CA 90007

Property Overview: 1297 W 36Th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,001 living square feet and 6,423 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer the opportunity to acquire this 6,423 SF lot Student Housing Development opportunity located at 1297 W. 36th Street, about two blocks to the University of Southern California (USC).The site offers a zoning ordinance of LARD-1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is a duplex currently on the lot, which will be delivered 100% vacant. The property offers residents a highly desirable location walking distance to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment options. Students also benefit from being approximately three miles from L.A. Live, Staples Center and numerous other Downtown Los Angeles attractions and amenities.

Listed by Davis Saadian | BRE #01921748 | BRC Advisors- BH
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
6,423
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21721306
City
Los Angeles
County
Los Angeles
Time on Site
1103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1297 W 36Th St

Interior Features
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5040006018
Location / Neighborhood
Location Information
  • Directions: 1297 W. 36th Street, LA 90007
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Sale History for 1297 W 36Th St

Last sold for $1,325,000 on July 8th, 2021
  • July, 2021

  • Jul 26, 2021

    Date

    Sold

    CRMLS: 21721306

    $1,325,000

    Price

  • May 14, 2021

    Date

    Pending

    CRMLS: 21721306

    $1,300,000

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: 21721306

    $1,300,000

    Price

  • December, 2016

  • Dec 19, 2016

    Date

    Sold (Public Records)

    Public Records

    $690,000

    Price

  • August, 2006

  • Aug 29, 2006

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

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Tax History for 1297 W 36Th St

Assessed Value (2020): $732,232
Year Land Value Improved Value Assessed Value
2020 $519,991 $212,241 $732,232

Home Value Compared to the Market

This property vs the competition

1297 W 36Th St sold on July 8, 2021 for 9.24% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $649.68 per/sqft which puts the price per square foot 13.95% lower than the current median sale per square foot for the city of Los Angeles.

About 1297 W 36Th St

Detailed summary of property

1297 W 36Th St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,001 living square feet, and sits on an approximately 6,423 square foot lot. 1297 W 36Th St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,325,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 9.24% higher than the current median priced home. Local homes that are currently for sale include 1399 W 39th St, 3919 Halldale Ave and 1420 W 39th St. While the average home in Los Angeles, CA is selling in 92 days, 1297 W 36Th St has a days on market of 23 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1297 W 36Th St 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 1297 W 36Th St

Public county record property details
Beds
5
Baths
2
Year built
1910
Sq. Ft.
2,001
Lot Size
6,423
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5040-006-018

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
$1,198,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
13
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.