1309 West 36th Place

Los Angeles, CA 90007

$1,575,000
Last Sold Price
6
Beds
3
Baths
2,453 Sq. Ft.
$642 / Sq. Ft.
2,453
Sq. Ft.
$642
per Sq. Ft.

Description

We are pleased to offer for sale this 6,900 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and less than two blocks to the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing triplex currently on the lot that will...We are pleased to offer for sale this 6,900 SF lot Student Housing Development opportunity located in the desirable DPS Patrol Zone, and less than two blocks to the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing triplex currently on the lot that will be delivered vacant upon the close of escrow. The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.
  1. Listed by Davis Saadian • DRE #01921748 • Brokerage DRE #01720454 • AKGRE Inc

Property Details for 1309 West 36th Place

Zoning
LARD1.5
Parcel Number
5040008001
Total Units
3.0
Living Area
2453
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Vacancy Rate
100
Lot Size Area
6904

Location

Listing Courtesy of AKGRE Inc, Davis Saadian, DRE #01921748

Sold By Carolwood Estates, Davis Saadian, DRE #01921748

Add your commute
LISTING UPDATED: 07/10/2023 11:09 AM

Property Details for 1309 West 36th Place

StatusSold
MLS #23-252419
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.16 AC / 6,904 SF
CountyLos Angeles County

Location

Listing Courtesy of AKGRE Inc, Davis Saadian, DRE #01921748

Sold By Carolwood Estates, Davis Saadian, DRE #01921748

Add your commute

Building Information for 1309 West 36th Place

Stories1Residences-Year Built1912Building Size-Lot Size0.16 AC / 6,904 SF

Payment Calculator

$8,967 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,595

Property Taxes

$372

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1309 West 36th Place

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $150,000
  • Net Operating Income: $125,000.00
  • Gross Income: $150,000
  • Gross Rent Multiplier: $10.00
  • Total Annual Expense: 25000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1585
  • Lot Size Square Feet: 6904
Parking Details
Parking Details
  • Parking Garage: Driveway, Other
  • Total Parking: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-20-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $91,221.00
  • Assessed Improvement Percent: 27.27
  • Assessed Land Value: $243,267.00
  • Assessed Land Percent: 72.73
  • Assessed Total Value: $334,488.00

Property History for 1309 West 36th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1309 West 36th Place

Taxable ValueLand$248,132Additions$93,045Total$341,177
Tax Record2023$4,469 ($372 / month)
Home Facts
Total Finished SqFt2,453 SqFtAbove Grade Finished SqFt2,453 SqFtLot Size6,904 SqFtStyleTriplexYear Built1912ZoningLARD1.5CountyLOS ANGELESAPN5040-008-001

Schools near 1309 West 36th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Lenicia B. Weemes Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AKGRE Inc, Davis Saadian, DRE #01921748

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.