3 months on rocket

1293 W 36th St, Los Angeles, CA, 90007

$1,495,000

Home List Price

$10,000*

Closing Credit

13 Bedrooms
12 Full Baths
1,467 SqFt
$1,019/SqFt
House

Location

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1293 W 36th St, Los Angeles$1,495,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned
Year Built1903
FireplaceNone
ViewNone
MLS #24436536
Lot Size0.12 Acres
StatusActive

About 1293 W 36th St

We are pleased to present the opportunity to acquire 1293 W. 36th Street, an incredible redevelopment opportunity with full RTI Plans and Permits, located in the highly desirable DPS Patrol Zone, about 2 blocks to the University of Southern California (USC). The existing property currently consists of a total of five (5) bedrooms & four (4) bathrooms. The RTI plans have been approved to convert the existing Single-Family Residence to a spacious Duplex, consisting of a 4-bedroom + 3-bathroom unit & a 1-bedroom +1-bathroom unit. The plans are also approved to construct two (2) ADU's, each consisting of 4-bedrooms + 4-bathrooms. Fully constructed, there will be a total of 4 units, 13-bedrooms + 12-bathrooms. Current income is $5,900/month Finalized constructed units will have a scheduled income of approximately $20,000/month.The property features hardwood floors, stainless steel kitchen appliances, quartz counter tops,On-site laundry, and the tenants pay all utility expenses. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is 100% occupied with USC students, and fully leased for the 2024-2025 school year.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1903
  • Stories: 1
  • Living Area: 1,467 SqFt

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Davis Saadian

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator, Dryer, Washer
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 13

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: 1293 W. 36th Street | Los Angeles, CA 90007

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,000
  • Price Per SqFt: $1,019/SqFt

Tax Information:

  • Annual Amount: $3,363
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1293 W 36th St vs Los Angeles

106 DAYS ON ROCKET

+68 Days

$1,495,000

+$473.4K More

$1,019/SqFt

+$379 More

KEY TAKEAWAY

This property is $473.4K more than the Median Sold Price and $379/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24436536

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Davis Saadian

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2005Home Sold
$325,000
May 13, 1993Home Sold
$117,000
Jul 26, 1990Home Sold
$114,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,363$261,652
2020$3,267$258,970
2019$3,180$253,893
2018$3,115$248,915
2017$3,115$244,035

History based on county public records data.

Payment Calculator

$7,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,549

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-860230
4
/10

  • Lenicia B. Weemes Elementary

  • 1260 W 36th Pl

  • 0.11 miles

  • Public District Grades PK-5

school-card-donut-860231
3
/10

  • STEM Preparatory Elementary School

  • 1374 W 35th St

  • 0.16 miles

  • Public Charter Grades KG-5

school-card-donut-860232
3
/10

  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,625. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1293 W 36th St

What is the listing price of this property?

The listing price of 1293 W 36th St property is $1,495,000.

What type of property is this?

The property 1293 W 36th St is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 1293 W 36th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,363 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 3, 2005 for $325,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1293 W 36th St has 13 bedrooms and 12 bathrooms.

What is the square footage of this property?

The property 1293 W 36th St is 1,467 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1293 W 36th St is 1903.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›1293 W 36th St

This home is located at 1293 W 36th St in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 1,467 square foot home, which was built in 1903, sits on a 0.12 acre lot. Features: 13 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $1,495,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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