We are pleased to present the opportunity to acquire 3017 W. 36th Street, a four (4) unit multifamily investment, located in the prime Jefferson Park neighborhood. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,141 SF on a 10,324 SF lot. The unit mix consists of three (3) spacious 2-bedroom + 1-bathroom units, & one (1) 1-bedroom + 1-bathroom units. The current income is about $5,681/month, and there's approximately 50% upside in potential rents, excellent for an investor to take advantage of this value-add opportunity. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier that will provide exponential returns. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation.
Property Details
Property Features
Property Information:
Year Built: 1948
Stories: 1
Living Area: 3,141 SqFt
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Davis Saadian
Interior Features
Interior Information:
Appliances: Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Parking Information:
Parking: Private
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Other
Directions Information:
Directions: 3017 W. 36th Street | Los Angeles, CA 90007
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Price Per SqFt: $398/SqFt
Tax Information:
Annual Amount: $5,548
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $228.4K more than the Median Sold Price and $242/SqFt less 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: #24434463
Listing Office:
Office Name: KW Advisors
Office Phone: (310) 482-2200
Listing Agent: Davis Saadian
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, 5:15:57 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
DATE
EVENT
PRICE
Aug 08, 2001
Aug 08, 2001Home Sold
$245,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,548
$418,050
2020
$5,395
$413,765
2019
$5,262
$405,653
2018
$5,158
$397,700
2017
$5,158
$389,903
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,306
Per Month
Principal & Interest
$6,239
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,814
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
6th Avenue Elementary School
3109 6th Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-5
6
/10
Tom Bradley Global Awareness Magnet
3875 Dublin Ave
Distance between this listing and this school0.67 miles
Public Magnet Grades KG-5
6
/10
Virginia Road Elementary
2925 Virginia Rd
Distance between this listing and this school0.70 miles
Public District Grades KG-5
Nearby Schools
3
/10
Isana Nascent Academy
3417 W Jefferson Blvd
Distance between this listing and this school0.30 miles
Public Charter Grades KG-8
6
/10
Libertas College Preparatory Charter
3875 Dublin Ave
Distance between this listing and this school0.67 miles
Public Charter Grades 4-8
2
/10
Audubon Middle School
4120 11th Ave
Distance between this listing and this school0.97 miles
Public District Grades 6-8
Nearby Schools
7
/10
Math and Science College Preparatory
3202 W Adams Blvd
Distance between this listing and this school0.85 miles
Public Charter Grades 9-12
4
/10
Catch Preparatory Charter High Inc.
4120 11th Ave
Distance between this listing and this school0.97 miles
Public Charter Grades 9-12
2
/10
Dorsey High School
3537 Farmdale Ave
Distance between this listing and this school1.04 miles
The neighbors living near this home have an average income of $42,969. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3017 W 36th St
What is the listing price of this property?
The listing price of 3017 W 36th St property is $1,250,000.
What type of property is this?
The property 3017 W 36th St is a house located in Los Angeles, California, 90018.
Is this property for sale now?
Active Listing: 3017 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 $5,548 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 8, 2001 for $245,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3017 W 36th St has 8 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 3017 W 36th St is 3,141 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3017 W 36th St is 1948.
This home is located at 3017 W 36th St in Los Angeles, CA and zip code 90018 in the South LA neighborhood. This 3,141 square foot home, which was built in 1948, sits on a 0.24 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $1,250,000.
Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 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, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.