NOT LISTED FOR SALE

1231 W 36th Place Los Angeles, CA 90007

Exposition Park Neighborhood

Estimated Value: $2,380,000 - $3,849,193

4 Beds
3 Baths
1,804 Sq Ft
$1,768/Sq Ft Est. Value

Last Sold March 19, 2018

Last sale price $991,000 $549 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $19,733/month

3 Days on Market

Highlights

  • Property is near public transit
  • Rectangular Lot
  • Front Yard
  • Laundry Room

About This Home

As of March 2018

Amazing opportunity for Investors or developers. This property is in a prime student housing location just 1 block from the Univeristy of Southern California. Within the CSC and DPS Patrol areas and very close to USC Univeristy Villages, the new $700 Million Project that will include Academic spaces, Restaurants,Major Retail Stores, Banks, etc... This property consist of 2 Units, with 3 bedrooms 2 bath in the front unit and a 1 Bedroom 1 bath in the back unit. The front unit is owner occupied and it will be delivered vacant at the close of Escrow and the Back Unit is occupied by Tenants but are also related to the Owners and it can be delivered Vacant at the close of Escrow. Zoning is LARD1.5 which allows for one unit per 1,500sqft. (Buyer to verify this information with the City of Los Angeles) Please bring Serious buyers only and let's waste no time.

***MORE PICTURES ON THE INSIDE WILL BE PROVIDED THIS WEEK MARCH 5-10, 2018***

Last Agent to Sell the Property

Hector Benavidez

Equity Smart Real Estate Services License #01337609 Listed on: 03/04/2018

Equity Smart Real Estate Services

Last Buyer's Agent

Hector Benavidez

Equity Smart Real Estate Services License #01337609 Listed on: 03/04/2018

Equity Smart Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,281

Year Built

  • Built in 1921

Lot Details

  • 6,523 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,804 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 2
  • Assessor Parcel Number 5040017020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,281

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5040017020
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 549.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Outside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 6523.00
  • Lot Size Acres: 0.1497

Multi Family

  • Lot Size Area: 6523.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2226.00
  • Tax Lot: 2
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2018
Closed on
Mar 8, 2018
Sold by
Nieto Antonio
Bought by
Ncl Partners Llc
Seller's Agent
Hector Benavidez
Equity Smart Real Estate Services
Buyer's Agent
Hector Benavidez
Equity Smart Real Estate Services
List Price
$979,000
Sold Price
$991,000
Premium/Discount to List
$12,000
1.23%
Current Estimated Value
$3,189,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,198,064
Avg. Annual Appreciation
18.08%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Lopez Jose Juan Nieto
Bought by
Nieto Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ncl Partners Llc $991,000 Old Republic Title Company
Nieto Antonio -- Stewart Title Irvine
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ncl Partners Llc $1,800,000
Closed Ncl Partners Llc $1,000,000
Previous Owner Nieto Antonio $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2018 03/19/18 Sold $991,000 +1.2% $549 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $979,000 -- $543 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,281 $2,346,540 $1,127,472 $1,219,068
2024 $28,281 $2,300,530 $1,105,365 $1,195,165
2023 $25,498 $2,075,297 $1,083,673 $991,624
2022 $24,316 $2,034,606 $1,062,425 $972,181
2021 $24,007 $1,994,713 $1,041,594 $953,119
2020 $24,157 $1,974,260 $1,030,914 $943,346
Source: Public Records

Agents Affiliated with this Home

  • Hector Benavidez

    Seller's Agent in 2018

    Hector Benavidez

    Equity Smart Real Estate Services

    (323) 702-5722

    87 Total Sales

    Hector Benavidez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18050692

California Regional Multiple Listing Service (CRMLS)

APN: 5040-017-032

California Los Angeles County Los Angeles 90007 Exposition Park

1231 W 36th Place, Los Angeles, CA

This home is located at 1231 W 36th Place, Los Angeles, CA 90007 since 04 March 2018 and is currently estimated at $3,189,064, approximately $1,767 per square foot. This property was built in 1921. 1231 W 36th Place is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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