NOT LISTED FOR SALE

305 E 36th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $661,000 - $946,000

4 Beds
4 Baths
1,988 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2018

Last sale price $550,000 $277 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,480 / mo

87 Days on Market

About This Home

As of April 2018

Reduced AGAIN for a quick sale!! Incredible Opportunity to own a 4 plex in the heart of LA. All units (all 1 bed/1 bath) have been remodeled with tile floors throughout. Investors will have top of the market rents, very low maintenance and a HIGH rental demand in the community. Units are always rented with long term tenants and have been quickly rented in the past. The tenants love the location because of its close proximity to downtown, local factories, textile industry, schools, shopping, etc…

Last Agent to Sell the Property

Ray Fernandez

NextMove Real Estate License #01895143 Listed on: 11/16/2017

Last Buyer's Agent

David Moradifar

Compass License #01881072

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 4,895 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • 1,988 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5120014006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $100
  • Water Sewer Expense $400
  • New Taxes Expense $7,700
  • Operating Expense $500
  • Gross Income $44,796
  • Net Operating Income $38,796

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

4,895 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 400.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5120014006
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Levels: One
  • Price Per Square Foot: 276.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4895.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 498 Square Feet
  • Gross Income: 44796.00
  • Gross Scheduled Income: 44796.00
  • Insurance Expense: 800.00
  • Net Operating Income: 38796.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6000.00
  • Rent Control: Yes
  • Total Actual Rent: 3733.00
  • Total Expenses: 500.00

Tax Info

  • New Taxes Expense: 7700.00
  • Tax Census Tract: 2284.10

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2019
Sold by
Bought by
Current Estimated Value
$711,520

Purchase Details

Closed on
Feb 7, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
0.0443%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
0.0443%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
0.035%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
0.035%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$550,000 Ticor Title
-- Ticor Title Co
-- None Available
-- None Available
$452,500 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $412,300
Previous Owner $412,500
Previous Owner $362,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $550,000 -8.3% $277 / Sq Ft
01/29/2018 01/29/18 Price Changed $599,999 -3.2% $302 / Sq Ft
01/15/2018 01/15/18 Price Changed $619,999 -3.1% $312 / Sq Ft
01/05/2018 01/05/18 Price Changed $639,999 -3.0% $322 / Sq Ft
11/30/2017 11/30/17 Price Changed $659,999 -5.7% $332 / Sq Ft
11/16/2017 11/16/17 For Sale $699,999 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,448 $674,884 $446,205 $228,679
2024 $8,359 $661,652 $437,456 $224,196
2023 $8,202 $648,679 $428,879 $219,800
2022 $7,827 $635,961 $420,470 $215,491
2021 $7,728 $623,492 $412,226 $211,266
2019 $6,985 $561,220 $408,000 $153,220
2018 $3,543 $270,779 $151,513 $119,266
2016 $3,373 $260,055 $145,631 $114,424
2015 $3,327 $256,150 $143,444 $112,706
2014 $3,364 $251,134 $140,635 $110,499
Source: Public Records

Agents Affiliated with this Home

  • Ray Fernandez

    Seller's Agent in 2018

    Ray Fernandez

    NextMove Real Estate

    (562) 400-7004

    172 Total Sales

    Ray Fernandez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17259562

California Regional Multiple Listing Service (CRMLS)

APN: 5120-014-006

California Los Angeles County Los Angeles 90011 Historic South Central

305 E 36th St, Los Angeles, CA

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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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