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131 36th Place
Los Angeles, CA 90011
Sold
Discover an unparalleled investment opportunity at 131 East 36th Place, Los Angeles, CA 90011! This prime multi-unit property, nestled near the prestigious USC Main Campus, is perfect for investors, owner-occupants, and student housing alike. Built in 1983 and meticulously maintained by its owner, this gem offers four spacious units, each with 3 bedrooms and 2 bathrooms. The property features one two-car garage per unit, each with exciting potential for ADU conversions to maximize your investment returns. Currently, all units are fully occupied and generating high rental income, ensuring a steady and lucrative cash flow. At the current price, the actual GRM is 9.7 and the actual cap rate is 7%. Beyond its proximity to USC's main campus, other nearby amenities include Superior Grocers, Trader Joes, USC, the Coliseum, major freeways, LAFC stadium, Crypto.com Arena, DTLA, and the convention center. Don’t miss your chance to own this exceptional property in a highly sought-after location. Please do not disturb the occupants. All sales are subject to interior inspection and only drive-by showings currently allowed. Seller is highly motivated. Submit your offer today and secure a bright future with 131 East 36th Place! All information is approximate.
PROPERTY INFORMATION
| MLS # | MB24128911 | Lot Size | 9,373 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,250,000
Price Per SqFt: $ 296 |
DOM | 345 Days |
| Address | 131 36th Place | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,224 Sq. Ft. |
| Postal Code | 90011 | Garage | 8 |
| County | Los Angeles | Year Built | 1983 |
| Bed / Bath | 12 / 0 | Parking | 10 |
| Built In | 1983 | Status | Closed |
| Sold Date | 2024-07-31 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, Washer Hookup |
| Has Heating | Yes |
| Heating Information | Forced Air |
| EntryLocation | Bottom Floor |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 79 (Very Walkable)
Transit Score: 74 (Excellent Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,333
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/31/2024 | Sold | $1,260,000 |
| 07/01/2024 | Active Under Contract | $1,250,000 |
| 06/24/2024 | Listed | $1,250,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of JOSE DEL RIO, HACIENDA PROPERTIES. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
