1557 W 36Th Pl Los Angeles, CA 90018

$--

10 Beds
7 Baths
6,478 Sq.Ft.

Off Market

Map preview of 1557 W 36Th Pl, Los Angeles, CA 90018

Property Overview: 1557 W 36Th Pl Los Angeles, CA has 10 bedrooms, 7 bathrooms, 6,478 living square feet and 7,902 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1557 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 1557 W 36Th Pl

Last sold on July 3rd, 2018

August, 2023
Aug 14, 2023

Date

Expired

CRMLS: 23240967

$2,650,000

Price
Feb 13, 2023

Date

Active

CRMLS: 23240967

$2,650,000

Price
Listing provided courtesy of CRMLS

Pleased to present 1557 W. 36th Place, a 7-unit multifamily asset located in the Exposition Park neighborhood of Los Angeles. Built in 1927, the 6,478 square foot asset sits on a 7,867 square foot lot and is comprised of (1) 4Bed/2Bath house, (3) 3Bed/1Bath units, and (3) 2Bed/1Bath units. All but one unit have been tastefully renovated with new flooring, kitchen cabinets, countertops, appliances, and bathrooms. The 4-Bedroom house has forced air conditioning throughout and extra space to explore adding additional bedrooms (Buyer to verify). 3 of the units are leased to USC students as furnished rentals. Rents are currently below market with approximately 32% in additional rental upside. Ownership has managed and maintained the property with care, resulting in a very low-maintenance asset. The property has an on-site laundry facility with machines owned by landlord, a roof that was replaced 3 years ago, and 5 single car private garages and 1 two-car private garage that are all currently leased. An investor will have the ability to explore the possibility of converting the private garage spaces into ADUs for additional income streams. Located just east of Western and north of Exposition, the asset is a virtual stone's throw away from the USC Campus. Within the path of significant gentrification and growth, this specific neighborhood has seen over 20 new multifamily developments totaling 507 new units completed since 2010. For commuters, the property has ease of access to the 10 and 110 Freeways and will allow tenants access to all neighboring communities such as Downtown Los Angeles, Koreatown, Mid-Wilshire, West Adams, Inglewood, Culver City, West LA and many more. The asset is also located near many major thoroughfares of Los Angeles and will allow tenants to bypass freeways when necessary or convenient.

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July, 2018
Jul 3, 2018

Date

Sold (Public Records)

Public Records

--

Price
June, 2003
Jun 30, 2003

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1557 W 36Th Pl

Assessed Value (2020): $1,285,200

Year	Land Value	Improved Value	Assessed Value
2020	$816,000	$469,200	$1,285,200

About 1557 W 36Th Pl

Detailed summary of property

1557 W 36Th Pl is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90018 and is currently off market. This property has 10 bedrooms, 7 bathrooms, roughly 6,478 living square feet, and sits on an approximately 7,902 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. Local nearby listings include 3812 S St Andrews Pl, 2051 W 30 St and 1293 W 36th St. 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 1557 W 36Th Pl Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1557 W 36Th Pl

Public county record property details

Beds: 10
Baths: 7
Year built: 1926
Sq. Ft.: 6,478
Lot Size: 7,902
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1,2
APN: 5041-016-001

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$999,800

Median List Price/Sq.Ft.

$638

Median Sold Price

$1,040,000

Median Sold Price/Sq.Ft.

$672

Total Inventory

Median Sale to List Price %

104.1%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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