J
Seller's Agent in 2024
JOSE DEL RIO
HACIENDA PROPERTIES
(323) 726-9646
1 in this area
7 Total Sales
131 E 36th Place Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $1,196,000 - $1,368,000
12
Beds
8
Baths
4,224
Sq Ft
$305/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating System
- Bike Trail
- Laundry Room
About This Home
As of July 2024Discover 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.
Last Agent to Sell the Property
HACIENDA PROPERTIES Brokerage Phone: 323-697-0103 License #00672876 Listed on: 06/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,768
Year Built
- Built in 1983
Lot Details
- 9,373 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
- Value in Land
Parking
- 8 Car Garage
- 2 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,224 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Forced Air Heating System
Listing and Financial Details
- Tax Lot A
- Tax Tract Number 5147
- Assessor Parcel Number 5120010018
- $733 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $900
- Insurance Expense $3,000
- Water Sewer Expense $4,800
- Operating Expense $8,700
- Gross Income $96,983
- Net Operating Income $96,983
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2025
Sold by
Alamdar Husnain
Bought by
Alamdar Family Trust and Alamdar
Current Estimated Value
Purchase Details
Listed on
Jun 24, 2024
Closed on
Jul 24, 2024
Sold by
Alamdar Jesica Hilda
Bought by
Alamdar Husnain
Seller's Agent
JOSE DEL RIO
HACIENDA PROPERTIES
List Price
$1,250,000
Sold Price
$1,260,000
Premium/Discount to List
$10,000
0.8%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.77%
Original Mortgage
$756,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2013
Sold by
Navar Abel
Bought by
Navar Abel and Navar Maria
Purchase Details
Closed on
Jun 29, 1998
Sold by
Fragoso Daniel C
Bought by
Fragoso Daniel Carreno and Fragoso Maria A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alamdar Family Trust | -- | None Listed On Document | |
| Alamdar Husnain | -- | National Title | |
| Alamdar Husnain | $1,260,000 | Wfg National Title | |
| Navar Abel | -- | None Available | |
| Fragoso Daniel Carreno | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alamdar Husnain | $756,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $1,260,000 | +0.8% | $298 / Sq Ft |
| 06/24/2024 06/24/24 | For Sale | $1,250,000 | -- | $296 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,768 | $1,260,000 | $730,000 | $530,000 |
| 2024 | $5,768 | $419,726 | $23,403 | $396,323 |
| 2023 | $5,668 | $411,497 | $22,945 | $388,552 |
| 2022 | $5,426 | $403,430 | $22,496 | $380,934 |
| 2021 | $5,340 | $395,520 | $22,055 | $373,465 |
| 2019 | $5,193 | $383,790 | $21,401 | $362,389 |
| 2018 | $5,043 | $376,266 | $20,982 | $355,284 |
| 2016 | $4,787 | $361,657 | $20,168 | $341,489 |
| 2015 | $4,722 | $356,226 | $19,866 | $336,360 |
| 2014 | $4,764 | $349,249 | $19,477 | $329,772 |
Source: Public Records
Agents Affiliated with this Home
-
JOSE DEL RIO
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB24128911
APN: 5120-010-018
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.
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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