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3017 W 36Th St, Los Angeles, CA 90018
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3017 W 36Th St Los Angeles, CA 90018

$1,250,000
  • 7 Beds
  • 5 Baths
  • 3,141 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified
Map preview of 3017 W 36Th St, Los Angeles, CA 90018

Property Overview: 3017 W 36Th St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,141 living square feet and 10,327 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: We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom units. The current income is about $5,681/month, and there's approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation.

Listed by Davis Saadian | BRE #01921748 | KW Advisors
Last checked: 12 minutes ago | Last updated: September 10th, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
10,327
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24434463
City
Los Angeles
County
Los Angeles
Time on Site
16 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,285
  • Total Rent: $1,285
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,248
  • Total Rent: $1,248
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,468
  • Total Rent: $1,468
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,680
  • Total Rent: $1,680
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: --
  • Net Operating Income: $42,302
  • Gross Operating Income: $68,172
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3017 W 36Th St

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Property Details for 3017 W 36Th St

Interior Features
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Private
Property Information
  • Total # of Units: 4
  • Parcel Number: 5044009041
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 3017 W. 36th Street | Los Angeles, CA 90007
View more facts & features

Local Los Angeles Agent

Sale History for 3017 W 36Th St

Last sold for $245,000 on August 8th, 2001

  • September, 2024

  • Sep 2, 2024

    Date

    Active

    CRMLS: 24434463

    $1,250,000

    Price

  • August, 2024

  • Aug 26, 2024

    Date

    Canceled

    CRMLS: 24418163

    $1,295,000

    Price

  • Jul 22, 2024

    Date

    Active

    CRMLS: 24418163

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom unit. The current income is about $5,681/month, and there's approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation.

  • July, 2023

  • Jul 18, 2023

    Date

    Canceled

    CRMLS: MB22236920

    $1,495,000

    Price

  • Nov 6, 2022

    Date

    Active

    CRMLS: MB22236920

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    5 units currently use as 4 units on a large lot potential for a developer. The buyer is advised to independently verify the accuracy of this information through a professional inspection. The buyer is advised to independently verify the accuracy of this information through a professional inspection. Broker does not guarantee the accuracy of the information provided sqft, lot size, etc. To Be Sold As-Is.. Tenants at the property.

  • August, 2001

  • Aug 8, 2001

    Date

    Sold (Public Records)

    Public Records

    $245,000

    Price

  • August, 2001

  • Aug 8, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3017 W 36Th St

Assessed Value (2020): $413,765
Year Land Value Improved Value Assessed Value
2020 $290,150 $123,615 $413,765

Home Value Compared to the Market

This property vs the competition

3017 W 36Th St is listed 4.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $397.96 per/sqft which puts the price per square foot 48.18% lower than the median price per square foot for the city of Los Angeles.

About 3017 W 36Th St

Detailed summary of property

3017 W 36Th St is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 7 bedrooms, 5 bathrooms, roughly 3,141 living square feet, and sits on an approximately 10,327 square foot lot. 3017 W 36Th St was first listed on ArdentRealEstateGroup.com on September 2, 2024. The homeowner is currently asking $1,250,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.17% higher than the median priced home. Local competing homes currently for sale include 3206 W 27th St, 3325 W Adams Blvd and 3500 Cimarron St. While the average home in Los Angeles, CA is selling in 106 days, 3017 W 36Th St has a days on market of 17 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 3017 W 36Th St 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 3017 W 36Th St

Public county record property details
Beds
8
Baths
6
Year built
1948
Sq. Ft.
3,141
Lot Size
10,323
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5044-009-041

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.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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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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