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143 E 36Th Pl, Los Angeles, CA 90011
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143 E 36Th Pl Los Angeles, CA 90011

$1,150,000 Sold Price as of 07/24/2023
  • 8 Beds
  • 5 Baths
  • 2,524 Sq.Ft.
Sold
$1,150,000 Sold Price as of 07/24/2023 Refinance Your Mortgage
Map preview of 143 E 36Th Pl, Los Angeles, CA 90011

Property Overview: 143 E 36Th Pl Los Angeles, CA has 8 bedrooms, 5 bathrooms, 2,524 living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Incredible 4-unit Investment or Owner-User opportunity cash flowing at an amazing 6.6% Cap Rate and 11.1 GRM from Day 1 just minutes from USC and DTLA! Vacant & Renovated 5 Bed 2 Bath house downstairs plus 3 renovated (1 Bed/1 Bath) units upstairs. Large 6,250 SF Lot with ~10 tandem parking spaces in the back. Additional upside to 7.8% Cap Rate and 9.7 GRM on proforma. All utilities are individually metered for gas & electricity. There are plans to add 2 large Detached ADUs in the back for further upside. Over the past few years, South Los Angeles has experienced consistent expansion due to its reasonable housing prices and convenient location near Downtown LA, Sofi Stadium, USC, Culver City, and South Bay. Rental rates in South LA have surged by almost 25% since 2020. The area's low vacancy rates combined with a landlord-dominant real estate environment and abundant job opportunities nearby indicate that significant long-term growth is on the horizon for South LA.

Listed by Julio Ruiz | BRE #01911261 | Global Platinum Properties, Inc.
Co-listed by Armin Soleimani | BRE #01846872 | Global Platinum Properties, Inc.
Last checked: 15 minutes ago | Last updated: July 26th, 2023 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
6,250
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23270949
City
Los Angeles
County
Los Angeles
Time on Site
472 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Furnishing: Furnished
  • Actual Rent: $4,374
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,374
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,096
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,096
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,096
  • Total Rent: $1,724
  • Pro Forma/Market Rent: $2,096
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,096
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $2,096
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.6%
  • Gross Rent Multiplier: 11.1
  • Gross Scheduled Income: --
  • Net Operating Income: $82,517
  • Gross Operating Income: $108,520
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 143 E 36Th Pl

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Gated, Uncovered
Property Information
  • Total # of Units: 4
  • Parcel Number: 5120010011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located between Main Street & Maple Avenue. Situated on the North Side of 36th Place.
View more facts & features

Local Los Angeles Agent

Sale History for 143 E 36Th Pl

Last sold for $1,150,000 on July 24th, 2023

  • July, 2023

  • Jul 24, 2023

    Date

    Sold

    CRMLS: 23270949

    $1,150,000

    Price

  • May 16, 2023

    Date

    Active

    CRMLS: 23270949

    $1,250,000

    Price

  • April, 2023

  • Apr 13, 2023

    Date

    Canceled

    CRMLS: 23256885

    $1,250,000

    Price

  • Apr 3, 2023

    Date

    Active

    CRMLS: 23256885

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2018

  • Feb 2, 2018

    Date

    Sold

    CRMLS: CV17273223

    $400,000

    Price

  • Dec 15, 2017

    Date

    Active Under Contract

    CRMLS: CV17273223

    $450,000

    Price

  • Dec 12, 2017

    Date

    Active

    CRMLS: CV17273223

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! LOCATION! Great Opportunity for investment. Minutes from downtown, walking distance to public transportation, shopping and easy access to freeways. Please do not disturb occupants. See agent's comments for more information.

  • February, 2018

  • Feb 1, 2018

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

Show More

Tax History for 143 E 36Th Pl

Assessed Value (2020): $416,160
Year Land Value Improved Value Assessed Value
2020 $312,120 $104,040 $416,160

Home Value Compared to the Market

This property vs the competition

143 E 36Th Pl sold on July 24, 2023 for 11.61% 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 $495.25 per/sqft which puts the price per square foot 31.6% lower than the current median sale per square foot for the city of Los Angeles.

About 143 E 36Th Pl

Detailed summary of property

143 E 36Th Pl is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 2,524 living square feet, and sits on an approximately 6,250 square foot lot. 143 E 36Th Pl was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,150,000. 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 11.61% higher than the current median priced home. Local homes that are currently for sale include 862 W 41st St, 5017 S San Pedro St and 872 W 42nd Pl. While the average home in Los Angeles, CA is selling in 106 days, 143 E 36Th Pl has a days on market of 18 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 143 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 143 E 36Th Pl

Public county record property details
Beds
3
Baths
5
Year built
1901
Sq. Ft.
2,524
Lot Size
6,250
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
5120-010-011

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
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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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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