359 E 36Th St, Los Angeles, CA 90011
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359 E 36Th St Los Angeles, CA 90011

$675,000 Sold Price as of 07/08/2022
  • 4 Beds
  • 4 Baths
  • 1,936 Sq.Ft.
Sold
$675,000 Sold Price as of 07/08/2022 Refinance Your Mortgage

Map preview of 359 E 36Th St, Los Angeles, CA 90011

Property Overview: 359 E 36Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,936 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A true definition of a mailbox income property! These units are centrally located near the University of Southern California, major stores, shops, and minutes away from vibrant Downtown Los Angeles. This 4-unit property boasts the following upgrades: complete electrical rewire and panel upgrade, copper plumbing, remodeled restrooms, and laminate floors. Each unit has its own parking space. Pride of ownership.

Listed by Robert Estrada | BRE #01880417 | Prospect Group Inc.
Last checked: 14 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
GD22111750
City
Los Angeles
County
Los Angeles
Time on Site
722 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $985
  • Total Rent: $985
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $855
  • Total Rent: $855
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $880
  • Total Rent: $880
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $960
  • Total Rent: $960
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,160
  • Net Operating Income: $36,460
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,700
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $6,500

Property Details for 359 E 36Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5120014023
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: trinity st and 36th street
Neighborhood Information
  • Community Features: Urban
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Sale History for 359 E 36Th St

Last sold for $675,000 on July 8th, 2022
  • July, 2022

  • Jul 8, 2022

    Date

    Sold

    CRMLS: GD22111750

    $675,000

    Price

  • May 25, 2022

    Date

    Active

    CRMLS: GD22111750

    $599,000

    Price

  • January, 2013

  • Jan 15, 2013

    Date

    Sold (Public Records)

    Public Records

    $281,500

    Price

  • August, 2010

  • Aug 19, 2010

    Date

    Sold (Public Records)

    Public Records

    $243,100

    Price

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Tax History for 359 E 36Th St

Assessed Value (2020): $316,974
Year Land Value Improved Value Assessed Value
2020 $180,155 $136,819 $316,974

Home Value Compared to the Market

This property vs the competition

359 E 36Th St sold on July 8, 2022 for 49.66% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $309.4 per/sqft which puts the price per square foot 59.02% lower than the current median sale per square foot for the city of Los Angeles.

About 359 E 36Th St

Detailed summary of property

359 E 36Th St is a fourplex that recently sold in Los Angeles, CA 90011. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 1,936 living square feet, and sits on an approximately 5,000 square foot lot. 359 E 36Th St was first listed on ArdentRealEstateGroup.com on May 26, 2022. The homeowner sold the property for $675,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 49.66% lower than the current median priced home. Local homes that are currently for sale include 1324 E 21st St, 1348 E 21st St and 232 W 49th St. While the average home in Los Angeles, CA is selling in 94 days, 359 E 36Th St has a days on market of 15 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 359 E 36Th St 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 359 E 36Th St

Public county record property details
Beds
4
Baths
4
Year built
1924
Sq. Ft.
1,936
Lot Size
5,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
300
APN
5120-014-023

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
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.