Bought with Husnain Alamdar โข Keller Williams Beverly Hills
For more information regarding the value of a property, please contact us for a free consultation.
131 E 36th Place Los Angeles, CA 90011
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,260,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,224 sqft
Price per Sqft $298
MLS Listing ID CRMB24128911
Sold Date 07/31/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1983
Lot Size 9,373 Sqft
Property Sub-Type Quadruplex
Property Description
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. Donรขโฌโขt 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.
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Fireplace No
Laundry Gas Dryer Hookup, Other
Building
Lot Description Other
Read Less

ยฉ 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.