1301 W 36Th St, Los Angeles, CA 90007
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1301 W 36Th St Los Angeles, CA 90007

$1,250,000
  • 5 Beds
  • 3 Baths
  • 1,793 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified

Map preview of 1301 W 36Th St, Los Angeles, CA 90007

Property Overview: 1301 W 36Th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,793 living square feet and 6,804 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: PRIME Developer Investor Opportunity in well sought after USC area!!! This 2 on a lot boasts 3 bedrooms and 1 bathroom, while the rear house features 1 bedroom and 1 bathroom. Currently used as rental income property. Excellent for new development and investors in search of prime Los Angeles property suitable for new multi-unit construction, condos, or ADUs. or leave as is and collect rents. This centrally located property, just minutes from USC, Los Angeles City College, Trade Tech, The Coliseum, Downtown L.A., shopping centers, and entertainment venues, offers 6,802 Sq. Ft. lot zoned as LARD1.5. Situated adjacent to its sister property. (Seller is selling the adjacent property (Triplex) also at 1302 west 35th street directly behind this property. Both properties together have a lot size totaling 13,601 Sq. Ft.)

Listed by Teresa Peters | BRE #01061510 | Teresa Peters Executive Rlts
Last checked: 11 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 53
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Home details

Lot Sq. Ft
6,804
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24362881
City
Los Angeles
County
Los Angeles
Time on Site
69 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,278
  • Total Rent: $1,278
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,054
  • Total Rent: $1,086
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 89.34
  • Gross Scheduled Income: --
  • Net Operating Income: $27,984
  • Gross Operating Income: $20,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1301 W 36Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
Room Information
  • Flooring: Carpet
  • Living Room
Kitchen Information
  • Has Appliances
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Uncovered, Concrete
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • Has View
  • Total # of Units: 2
  • Parcel Number: 5040006019
  • Has Additional Parcels
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Head west on W Jefferson Blvd toward Kenwood Ave. Turn left onto Normandie Ave. Turn left onto W 36th St.
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Sale History for 1301 W 36Th St

View property's historical transactions
  • February, 2024

  • Feb 29, 2024

    Date

    Active

    CRMLS: 24362881

    $1,250,000

    Price

  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: 22215451

    $2,000,000

    Price

  • Nov 12, 2022

    Date

    Active

    CRMLS: 22215451

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    An amazing opportunity for Developers and Investors who are looking for the right property to build new units, Condos or ADU's. This property is just what you are looking for! Located in the heart of Los Angeles, minutes from USC, Los Angeles City College and Trade Tech, The Coliseum, Downtown L.A., Shopping Centers, The Science Museum and a myriad of fine dining and entertainment, this unique property is 1,793 Sq. Ft.; Lot Size: 6,802 and Zoning: LARD1.5. The rear of this property leads into and is adjacent to its sister property. Back-to-back, this one is on 36th Street and the other is on 35th Place. This property offers a front house with 3-bedrooms 1-bathroom, with a 1 bedroom and 1-bathroom rear house. The spacious lot lead back into its sister property on 35th Place, giving a generous lot size capability of 13,601. There is a driveway and inside laundry area. All units are under Rent Control and Section 8. Seller would like to sell both the adjacent property to the north, which is a Duplex with 4 units, with 8 bedrooms and 4 bathrooms at 1302 W. 35th Place, Los Angeles 90007 MLS NO: 22-217819. Both properties are being sold "AS IS!" with absolutely no concessions. Seller would like an all-Cash offer and short close of escrow. PLEASE DO NOT DISTURB THE TENANTS!! A Fixer-upper or Tear down and rebuild.

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Tax History for 1301 W 36Th St

Assessed Value (2020): $38,506
Year Land Value Improved Value Assessed Value
2020 $25,307 $13,199 $38,506

Home Value Compared to the Market

This property vs the competition

1301 W 36Th St is listed 0.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $697.16 per/sqft which puts the price per square foot 9.93% lower than the median price per square foot for the city of Los Angeles.

About 1301 W 36Th St

Detailed summary of property

1301 W 36Th St is a multi family located in Los Angeles, CA 90007 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 1,793 living square feet, and sits on an approximately 6,804 square foot lot. 1301 W 36Th St was first listed on ArdentRealEstateGroup.com on March 1, 2024. The homeowner is currently asking $1,250,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0.08% higher than the median priced home. Local competing homes currently for sale include 1399 W 39th St, 1399 W 39th St and 2621 Juliet St. While the average home in Los Angeles, CA is selling in 93 days, 1301 W 36Th St has a days on market of 53 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1301 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 1301 W 36Th St

Public county record property details
Beds
4
Baths
2
Year built
1905
Sq. Ft.
1,793
Lot Size
6,801
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5040-006-019

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
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
11
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.