NOT LISTED FOR SALE

145 E 36th Place Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $1,175,000 - $1,547,000

8 Beds
5 Baths
2,524 Sq Ft
$530/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $1,150,000 $456 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,852/month

18 Days on Market

Highlights

  • Gated Parking
  • Ceiling Fan
  • 1-Story Property

About This Home

As of July 2023

Incredible 4-unit Investment or Owner-User opportunity cash flowing at an amazing 6.6% Cap Rate and 11.1 GRM from Day 1 just minutes from USC and DTLA! Vacant & Renovated 5 Bed 2 Bath house downstairs plus 3 renovated (1 Bed/1 Bath) units upstairs. Large 6,250 SF Lot with ~10 tandem parking spaces in the back. Additional upside to 7.8% Cap Rate and 9.7 GRM on proforma. All utilities are individually metered for gas & electricity. There are plans to add 2 large Detached ADUs in the back for further upside. Over the past few years, South Los Angeles has experienced consistent expansion due to its reasonable housing prices and convenient location near Downtown LA, Sofi Stadium, USC, Culver City, and South Bay. Rental rates in South LA have surged by almost 25% since 2020. The area's low vacancy rates combined with a landlord-dominant real estate environment and abundant job opportunities nearby indicate that significant long-term growth is on the horizon for South LA.

Last Agent to Sell the Property

Julio Ruiz

Global Platinum Properties, Inc. License #01911261 Listed on: 05/16/2023

Co-Listed By

Armin Soleimani

Global Platinum Properties, Inc. License #01846872

Last Buyer's Agent

Julian Nan

Julian Nan License #01928893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,711

Year Built

  • Built in 1901

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50x125

Interior Spaces

  • 2,524 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • Driveway
  • Gated Parking
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5120-010-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,711

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Incredible 4-unit Investment or Owner-User opportunity cash flowing at an amazing 6.6% Cap Rate and 11.1 GRM from Day 1 just minutes from USC and DTLA! Vacant & Renovated 5 Bed 2 Bath house downstairs plus 3 renovated (1 Bed/1 Bath) units upstairs. Large 6,250 SF Lot with ~10 tandem parking spaces in the back. Additional upside to 7.8% Cap Rate and 9.7 GRM on proforma. All utilities are individually metered for gas & electricity. There are plans to add 2 large Detached ADUs in the back for further upside. Over the past few years, South Los Angeles has experienced consistent expansion due to its reasonable housing prices and convenient location near Downtown LA, Sofi Stadium, USC, Culver City, and South Bay. Rental rates in South LA have surged by almost 25% since 2020.
  • Living Area: 2524
  • Lot Acreage: 0.1435
  • Lot Dimensions: 50x125
  • Stories: 1
  • Year Built: 1901
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Equipment: Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 495.25

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Gated, Uncovered

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 107219
  • Assessed Land Percent: 75
  • Assessed Land Value: 321660
  • Total Assessed Value: 428879
  • Assessor Parcel Number: 5120-010-011
  • Lot Size Area: 6250

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.10
  • Number Of Units: 4
  • Total Annual Expense: 26003
  • Type Of Units: Duadruplex
  • Vacancy Rate: 25%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2014
Sold by
Ocean Development Inc
Bought by
Aceves Aniceto and Raigoza Lucrecia
Current Estimated Value
$1,337,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2013
Sold by
The Bank Of New York Mellon
Bought by
Ocean Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.46%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 15, 2012
Sold by
Medina German and Medina Maria
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 5, 2012
Sold by
Medina German
Bought by
Medina German

Purchase Details

Closed on
Mar 8, 2012
Sold by
Medina German
Bought by
Medina German and Galicia Oscar Alberto

Purchase Details

Closed on
Nov 7, 2011
Sold by
Medina German
Bought by
The Roberto Vargas Cestui Que Trust

Purchase Details

Closed on
Aug 5, 2011
Sold by
Medina German
Bought by
Medina German and Garcia Rafael

Purchase Details

Closed on
Jun 8, 2011
Sold by
Blanco Raouel
Bought by
Medina German and Medina Maria

Purchase Details

Closed on
Jun 6, 2011
Sold by
Medina German and Medina Maria
Bought by
The Roberto Vargas Cestui Que Trust

Purchase Details

Closed on
Jan 13, 2011
Sold by
Medina German
Bought by
Medina German and Rodriguez Maria De Lourdes

Purchase Details

Closed on
Jun 3, 2007
Sold by
Hsbc Mortgage Services Inc
Bought by
Medina German

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,400
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2006
Sold by
Vera Fatima
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Jun 23, 2005
Sold by
Ramirez Salvador and Ramirez Teresa Maria
Bought by
Vera Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.97%
Mortgage Type
Balloon
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
Aceves Aniceto $580,005 Lawyers Title
Ocean Development Inc $178,500 Lawyers Title
The Bank Of New York Mellon $349,467 Landsafe Title
Medina German -- None Available
Medina German -- None Available
The Roberto Vargas Cestui Que Trust -- None Available
Medina German -- None Available
Medina German -- None Available
The Roberto Vargas Cestui Que Trust -- None Available
Medina German -- None Available
Medina German $382,000 Lsi Title
Hsbc Mortgage Services Inc $39,962 None Available
Vera Fatima $375,000 Investors Title Co Gln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aceves Aniceto $400,000
Closed Aceves Aniceto $399,900
Previous Owner Aceves Aniceto $406,000
Previous Owner Ocean Development Inc $200,000
Previous Owner Ocean Development Inc $242,000
Previous Owner Medina German $267,400
Previous Owner Vera Fatima $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $1,150,000 -8.0% $456 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $1,250,000 -- $495 / Sq Ft
Source: The MLS

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 $8,711 $697,066 $240,367 $456,699
2024 $8,711 $683,399 $235,654 $447,745
2023 $8,549 $670,000 $231,034 $438,966
2022 $8,160 $656,863 $226,504 $430,359
2021 $8,042 $643,984 $222,063 $421,921
2019 $7,807 $624,885 $215,478 $409,407
2018 $7,708 $612,633 $211,253 $401,380
2016 $7,335 $588,845 $203,050 $385,795
2015 $7,102 $580,000 $200,000 $380,000
2014 $2,375 $178,500 $142,800 $35,700
Source: Public Records

Agents Affiliated with this Home

  • Julio Ruiz

    Seller's Agent in 2023

    Julio Ruiz

    Global Platinum Properties, Inc.

    (818) 524-0706

    1 in this area

    45 Total Sales

    Julio Ruiz
    Section Image
  • Armin Soleimani

    Seller Co-Listing Agent in 2023

    Armin Soleimani

    Global Platinum Properties, Inc.

    (310) 666-2246

    1 in this area

    57 Total Sales

    Armin Soleimani
    Section Image

  • J

    Buyer's Agent in 2023

    Julian Nan

    Julian Nan

    (949) 396-2974

    1 in this area

    7 Total Sales

    Julian Nan
    Section Image
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Map

Source: The MLS

MLS Number: 23-270949

The MLS

APN: 5120-008-016

California Los Angeles County Los Angeles 90011 Historic South Central

145 E 36th Place, Los Angeles, CA

This home is located at 145 E 36th Place, Los Angeles, CA 90011 since 16 May 2023 and is currently estimated at $1,337,561, approximately $529 per square foot. This property was built in 1901. 145 E 36th Place is a home located in Los Angeles County with nearby schools including Maple Primary Center, Trinity Street Elementary School, and William Jefferson Clinton Middle School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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