131 36th Place, Los Angeles
Los Angeles Home For Sale
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 Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
-
- Zip:
- 90011
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- MLS® #:
- MB24105824
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- Bedrooms:
- 12
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- Bathrooms:
- 8
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- Square Ft:
- 4,224
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- Lot Size:
- 0.22
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- Levels:
- Two
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- Garages:
- 8
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- School District:
- Los Angeles Unified
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- HOA Dues:
- $
Price Change History for 131 36th Place, Los Angeles, (MLS® #MB24105824)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $1,500,000) | $1,250,000 | $250,000 (16.67%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 3rd, 2024 at 7:20am PDT. 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.