1293 W 36th Street
Los Angeles, CA 90007
- 13 beds
- 12 baths
- 1,467 sqft
- 5,302 sqft lot
- $1,019 per sqft
- 1903 build
- – on site
We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms & four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit & a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5,900/month Finalized constructed units will have a scheduled income of approximately $20,000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops,On-site laundry, and the tenants pay all utility expenses. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-202
Last checked:
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Last updated Feb 8, 2025
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MLS# CL24436536 —
This home is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1903
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Building Area Units:Square Feet
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Architectural Style:See Remarks
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Stories:1
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Levels:One Story
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Building Area Total:1467
Interior
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Kitchen Features:Garbage Disposal, Refrigerator
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:1467
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Living Area Units:Square Feet
Location
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Directions:1293 W. 36th Street | Los Angeles, CA 90007
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:5040006017
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Zoning:LARD
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Lot Size Area:0.1217
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Lot Size Acres:0.1217
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Lot Size SqFt:5302
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (310) 402-8958
Beds
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Bedrooms Total:13
Baths
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Total Baths:12
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Full Baths:12
Appliances
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Appliances:Disposal
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Laundry Features:Dryer
The Community
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Association:false
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Pool Private:false
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Pool Features:None
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:5
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Parking Features:Assigned
Monthly cost estimate
Asking price
$1,495,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,005
|
| Taxes | N/A |
| Insurance | $411 |
| Utilities | $198 See report |
| Total | $8,614/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/6/24
Sep 6, 2024
|
Listed / Active | BRIDGE | $1,495,000 | |
|
6/12/24
Jun 12, 2024
|
Listed / Active | BRIDGE | ||
|
5/21/24
May 21, 2024
|
Listed / Active | CRMLS_CA |
40% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $52k above asking price on average, but some went as high as $297k over asking price.
