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623 E 36th St, Los Angeles, CA 90011
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623 E 36th St Los Angeles, CA 90011

$599,000
  • 2 Beds
  • 2 Baths
  • 1,126 Sq.Ft.
For Sale
$599,000 Get Pre-Qualified
Map preview of 623 E 36th St, Los Angeles, CA 90011

Property Overview: 623 E 36th St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,126 living square feet and 4,000 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: Incredible income property located at 623 E. 36th St, offering a unique blend of convenience, charm, and income potential. Nestled near downtown, this meticulously maintained unit features a compact and pristine two-income units, making it an ideal investment opportunity. The strategic location ensures easy access to the heart of the city, providing residents with a vibrant urban lifestyle. Each unit features a welcoming front yard, creating a cozy atmosphere enriched by a garden surrounded by trees for privacy. Easement driveway leads to a dedicated parking lot at the back, enhancing accessibility for residents and visitors alike. Explore additional income possibilities by converting the rear shed-a versatile space with endless creative potential. Convenient transportation options further elevate the property's desirability, catering to the modern lifestyle needs of potential owners. Don't miss out on this rare gem! Your dream income property awaits at 623 E. 36th St! "Opportunity to purchase adjacent property, please ask me for more detail."

Listed by Joanne Kim | BRE #01505262 | Dream Realty & Investments Inc
Last checked: 8 minutes ago | Last updated: April 13th, 2024 | Source CRMLS | DOM: 94
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Home details

Lot Sq. Ft
4,000
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24348169
City
Los Angeles
County
Los Angeles
Time on Site
100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,107
  • Total Rent: $1,107
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,102
  • Total Rent: $1,102
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 22
  • Gross Scheduled Income: --
  • Net Operating Income: $32,500
  • Gross Operating Income: $33,500
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 623 E 36th St

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Property Details for 623 E 36th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Uncovered, Driveway, Parking Space
Property Information
  • Total # of Units: 2
  • Parcel Number: 5121002004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between E. Avalon Blvd. and E. Jefferson Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 623 E 36th St

Last sold for $389,000 on June 21st, 2019

  • January, 2024

  • Jan 17, 2024

    Date

    Active

    CRMLS: 24348169

    $599,000

    Price

  • June, 2019

  • Jun 21, 2019

    Date

    Sold

    CRMLS: SR18238170

    $389,000

    Price

  • Jun 12, 2019

    Date

    Pending

    CRMLS: SR18238170

    $389,000

    Price

  • May 7, 2019

    Date

    Active Under Contract

    CRMLS: SR18238170

    $389,000

    Price

  • Apr 23, 2019

    Date

    Price Change

    CRMLS: SR18238170

    $389,000

    Price

  • Apr 23, 2019

    Date

    Active

    CRMLS: SR18238170

    $399,900

    Price

  • Mar 26, 2019

    Date

    Active Under Contract

    CRMLS: SR18238170

    $399,900

    Price

  • Mar 11, 2019

    Date

    Active

    CRMLS: SR18238170

    $399,900

    Price

  • Feb 20, 2019

    Date

    Active Under Contract

    CRMLS: SR18238170

    $399,900

    Price

  • Dec 12, 2018

    Date

    Active

    CRMLS: SR18238170

    $399,900

    Price

  • Nov 24, 2018

    Date

    Active Under Contract

    CRMLS: SR18238170

    $399,900

    Price

  • Oct 25, 2018

    Date

    Active

    CRMLS: SR18238170

    $399,900

    Price

  • Listing provided courtesy of CRMLS

    BACK ON THE MARKET!!! BUYER DIDN'T PERFORM. PRICE TO SELL!!! Great Investment Property or Owner Occupied with Rental!!! Charming Duplex Recently updated with new Paint. Convenient access to DTLA, the Colosseum, USC, Exposition Park, LAX, Fashion District, Staple Center, LA Conventional Center & greater Los Angeles. This Property is Tenant occupied with good tenants. Don't let this investment opportunity pass you by. 2 units with 1 bedroom, 1 bathroom each one, PLUS A BONUS BACK Storage, which give you $6,600 per year ($550 monthly) of extra income. Both units have Laminate flooring, tile and Carpet, newly painted, window air-conditioning units.Property is being sold "AS IS". APPOINTMENTS ONLY! Please don't disturb the Tenants.

  • June, 2019

  • Jun 21, 2019

    Date

    Sold (Public Records)

    Public Records

    $389,000

    Price

  • September, 2016

  • Sep 27, 2016

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

Show More

Tax History for 623 E 36th St

Assessed Value (2020): $396,780
Year Land Value Improved Value Assessed Value
2020 $275,400 $121,380 $396,780

Home Value Compared to the Market

This property vs the competition

623 E 36th St is listed 52.04% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $531.97 per/sqft which puts the price per square foot 31.09% lower than the median price per square foot for the city of Los Angeles.

About 623 E 36th St

Detailed summary of property

623 E 36th St is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 1,126 living square feet, and sits on an approximately 4,000 square foot lot. 623 E 36th St was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $599,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 52.04% lower than the median priced home. Local competing homes currently for sale include 1549 E 33rd St, 110 W 48th St and 5116 Towne Ave. While the average home in Los Angeles, CA is selling in 97 days, 623 E 36th St has a days on market of 94 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 623 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 623 E 36th St

Public county record property details
Beds
2
Baths
2
Year built
1921
Sq. Ft.
1,126
Lot Size
3,999
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
127
APN
5121-002-004

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
$619,900
Median List Price/Sq.Ft.
$470
Median Sold Price
$543,077
Median Sold Price/Sq.Ft.
$393
Total Inventory
39
Median Sale to List Price %
94.45%
Avg Days on Market
18
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (0%)

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Recently Sold Homes Near 623 E 36th St

615 E 38th St, Los Angeles, CA 90011
$940,000 Last Sold Price
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4 Baths
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$1,100,000 Last Sold Price
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631-629 E 38th St, Los Angeles, CA 90011
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647 E 38th St, Los Angeles, CA 90011
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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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