1337 W 36Th Pl Los Angeles, CA 90007

$2,895,000 Sold Price as of 12/20/2019

12 Beds
12 Baths
5,904 Sq.Ft.

Off Market

$2,895,000 Sold Price as of 12/20/2019 Refinance Your Mortgage

Map preview of 1337 W 36Th Pl, Los Angeles, CA 90007

Property Overview: 1337 W 36Th Pl Los Angeles, CA has 12 bedrooms, 12 bathrooms, 5,904 living square feet and 6,547 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1337 W 36Th Pl is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1337 W 36Th Pl

Last sold for $2,895,000 on December 20th, 2019

December, 2019
Dec 20, 2019

Date

Sold (Public Records)

Public Records

$2,895,000

Price
November, 2019
Nov 26, 2019

Date

Expired

CRMLS: 19514606

$3,150,000

Price
Oct 11, 2019

Date

Withdrawn

CRMLS: 19514606

$3,150,000

Price
Sep 25, 2019

Date

Active

CRMLS: 19514606

$3,150,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer for sale this brand new 2014 construction 13-bedroom + 12-bathroom Student Housing investment opportunity, just a short distance from the internationally renowned University of Southern California (USC). The asset is comprised of two (2) separate two-story structures, with a unit mix consisting of three (3) 3+3 units, and one (1) 4+3 unit The subject property was constructed of wood frame and stucco on a raised foundation built in 2014 with a square footage of 5,904 on a 6,547-squarefoot lot. The property is 100% student occupied, and the tenants pay all gas, electric, and water expenses. The investment boasts spacious floor plans (about 1,500sqft units), secured gated entry, washer & dryer within each of the units, eleven (11) on-site parking spaces, updated copperplumbing, double pane windows, recently painted, private balconies, and tankless water heaters throughout. Property is making additional income of $2,150/month, for renting the on-site gym facility.

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September, 2019
Sep 24, 2019

Date

Canceled

CRMLS: SR19047011

$3,350,000

Price
Mar 9, 2019

Date

Active

CRMLS: SR19047011

$3,350,000

Price
Mar 2, 2019

Date

Hold

CRMLS: SR19047011

$3,350,000

Price
Mar 2, 2019

Date

Active

CRMLS: SR19047011

$3,350,000

Price
Listing provided courtesy of CRMLS

Property located three blocks west from the University of The Southern California (USC) – A great USC Student Housing Opportunity – Close to the Los Angeles Downtown, Coliseum and Staple Center - The property consist of 5,904 square feet situated on a 6,547 square foot lot. Recently built in 2014, the boast two duplexes, with total of four (4) beautifully units each consisting of 3 bedrooms plus 3 Bathrooms (PROPERTY HAS 4 UNITS PER ASSESSOR) – All units feature an exterior balcony and an in-unit laundry - Each unit also has a common living area and shared kitchen - One of the units is currently owner occupied along with other two tenants - The three remaining units are leased to a student housing company, which subleases to foreign USC students - The property operates with a low expenses load - The units are separately metered for all utilities - Common areas lighting expenses are low due to LED lights - The tenants of the three units are responsible for all utility unit expenses - There is a private gym, operated by one of the owner’s roommates, located in 4 of the car garages, income $2,150.00 per month - Gym equipment is not included as part of the sale- Seller wants to lease back the currently occupied unit, including the garages - Some garages have an extra half-bathroom W/P - Additional APN: 5040-008-006. Storage converted to an extra un-permitted 1 bedroom and 1 bath unit (per seller) income $900.00 per month. Property Iron fenced.

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August, 2018
Aug 30, 2018

Date

Expired

CRMLS: PW18129058

$3,300,000

Price
May 31, 2018

Date

Active

CRMLS: PW18129058

$3,300,000

Price
Listing provided courtesy of CRMLS

New construction student housing asset in Los Angeles, CA. Located in a highly sought-after student housing area less than three blocks from the University of Southern California within the DPS patrol boundaries, less than one mile from the new $700 million University Village. 1337 West 36th Place features two duplexes with a total of four three-bedroom/three bath units that are in excellent condition and loaded with amenities. All units have an exterior balcony and in-unit laundry. One of the units is currently owner occupied with two additional tenants, while the three remaining units are leased to a company that assists foreign students with transitioning to American college life. The company leases the units and then subleases them to students at significant markups. A new investor could capture substantial rental upside by terminating this arrangement and renting the units at market rates, or they could enjoy the management-free nature of the asset by continuing as-is. This company is highly interested in continuing the arrangement at an increased monthly rent. The property also features an unpermitted bedroom with a bath that is currently rented as an Airbnb. The property operates with an incredibly low expense load. The units are separately metered for all utilities and the common area lighting expense is low due to state of the art LED lights. Additionally the property's design gives it attractive curb appeal wile requiring minimal landscaping expense.

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May, 2018
May 4, 2018

Date

Expired

CRMLS: PW17264657

$3,300,000

Price
Nov 27, 2017

Date

Active

CRMLS: PW17264657

$3,300,000

Price
Listing provided courtesy of CRMLS

New construction student housing asset in Los Angeles, CA. Located in a highly sought-after student housing area less than three blocks from the University of Southern California within the DPS patrol boundaries, less than one mile from the new $700 million University Village. 1337 West 36th Place features two duplexes with a total of four three-bedroom/three bath units that are in excellent condition and loaded with amenities. All units have an exterior balcony and in-unit laundry. On of the units is currently owner occupied with two additional tenants, while the three remaining units are leased to a company that assists foreign students with transitioning to American college life. The company leases the units and then subleases them to students at significant markups. A new investor could capture substantial rental upside by terminating this arrangement and renting the units at market rates, or they could enjoy the management-free nature of the asset by continuing as-is. This company is highly interested in continuing the arrangement at an increased monthly rent. The property also features an unpermitted bedroom with a bath that is currently rented as an Airbnb. The property operates with an incredibly low expense load. The units are separately metered for all utilities and the common area lighting expense is low due to state of the art LED lights. Additionally the property's design gives it attractive curb appeal wile requiring minimal landscaping expense.

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November, 2017
Nov 3, 2017

Date

Canceled

CRMLS: 17235382

$3,400,000

Price
Oct 23, 2017

Date

Price Change

CRMLS: 17235382

$3,400,000

Price
May 26, 2017

Date

Active

CRMLS: 17235382

$3,500,000

Price
Listing provided courtesy of CRMLS
December, 2008
Dec 12, 2008

Date

Sold (Public Records)

Public Records

$200,000

Price

Tax History for 1337 W 36Th Pl

Assessed Value (2020): $2,895,000

Year	Land Value	Improved Value	Assessed Value
2020	$2,100,000	$795,000	$2,895,000

About 1337 W 36Th Pl

Detailed summary of property

1337 W 36Th Pl is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90007 and last sold on December 20, 2019 for $2,895,000. This property has 12 bedrooms, 12 bathrooms, roughly 5,904 living square feet, and sits on an approximately 6,547 square foot lot. Homes 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 158.48% higher than the current median priced home. 1337 W 36Th Pl was last sold on December 20, 2019 for $2,895,000. Local nearby listings include 3922 Halldale Ave, 3922 Halldale Ave and 3107 S Harvard Blvd. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 1337 W 36Th Pl 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 1337 W 36Th Pl

Public county record property details

Beds: 12
Baths: 12
Year built: 2014
Sq. Ft.: 5,904
Lot Size: 6,547
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 5040-008-031

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

$1,495,000

Median List Price/Sq.Ft.

$610

Median Sold Price

$1,025,000

Median Sold Price/Sq.Ft.

$777

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

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

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