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313 E 36th St

Los Angeles CA 90011

6
5
2577 sq. ft.
4632 sq. ft.
Other
Currently for sale - view listing

Overview

13 E. 36th Street presents an attractive multi-family investment opportunity located in a rapidly improving area near the University of Southern California. The property comprises of five (5) residential units, offering a manageable unit count with strong income potential. Per title records, the property reflects 6 bedrooms and 5 bathrooms. However, several units have been reconfigured with additional, unpermitted bedrooms, resulting in a current functional layout of approximately 10 bedrooms and 5 bathrooms. Select units have been renovated over time as they became vacant, with interior improvements varying by unit, allowing for both in-place income and future value-add potential. The property is well situated in an up-and-coming neighborhood, within close proximity to shopping, dining, and public transportation, and just minutes from USC, making it highly appealing to the local rental market. Ongoing neighborhood development and infrastructure improvements further support long-term appreciation. This asset is ideal for investors seeking a value-add multifamily opportunity with upside through continued renovations, rent growth, and operational efficiencies in a high-demand rental corridor. Buyer is advised to conduct their own independent due diligence regarding unit count, bedroom configuration, permits, zoning, square footage, income, and all other matters of material importance. Agents and sellers make no representations or warranties, express or implied, as to the accuracy or completeness of the information provided.

Features

6 bedrooms
5 bathrooms
2577 sq. ft. floor area
4632 sq. ft. lot size
Other

Property history for 313 E 36th St

2017
Sold
$625,000
25 Oct 2017 by D. Danielle Hoston Wrighster, of Keller Williams Studio City

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 6 bedroom other properties in Los Angeles

In the last 12 months, 2 six-bedroom other properties similar to 313 E 36th St, have been sold.

This represents a 60% increase in six-bedroom other properties sales when compared to the previous 12 months.

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