623 East 36th Street

Los Angeles, CA 90011

$599,000
Price
2
Beds
2
Baths
1,126 Sq. Ft.
$532 / Sq. Ft.
1,126
Sq. Ft.
$532
per Sq. Ft.

Description

Incredible income property located at 623 E. 36th St, offering a unique blend of convenience, charm, and income potential. Nestled near downtown, this meticulously maintained unit features a compact and pristine two-income units, making it an ideal investment opportunity. The strategic location ensures easy access to the heart of the city, providing residents with a vibrant urban lifestyle. Each unit features a welcoming front yard, creating a cozy atmosphere enriched by a garden surrounded by trees...Incredible income property located at 623 E. 36th St, offering a unique blend of convenience, charm, and income potential. Nestled near downtown, this meticulously maintained unit features a compact and pristine two-income units, making it an ideal investment opportunity. The strategic location ensures easy access to the heart of the city, providing residents with a vibrant urban lifestyle. Each unit features a welcoming front yard, creating a cozy atmosphere enriched by a garden surrounded by trees for privacy. Easement driveway leads to a dedicated parking lot at the back, enhancing accessibility for residents and visitors alike. Explore additional income possibilities by converting the rear shed-a versatile space with endless creative potential. Convenient transportation options further elevate the property's desirability, catering to the modern lifestyle needs of potential owners. Don't miss out on this rare gem! Your dream income property awaits at 623 E. 36th St! Please ask me for more detail."
  1. Listed by Joanne Kim • DRE #01505262 • Brokerage DRE #01350852 • Dream Realty & Investments Inc

Property Details for 623 East 36th Street

Zoning
LARD2
Parcel Number
5121002004
Total Units
2.0
Living Area
1126
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
4000

Location

Listing Courtesy of Dream Realty & Investments Inc, Joanne Kim, DRE #01505262
Add your commute
LISTING UPDATED: 04/29/2024 06:14 PM

Property Details for 623 East 36th Street

StatusActive
MLS #24-348169
Days on Market103
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.09 AC / 4,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Dream Realty & Investments Inc, Joanne Kim, DRE #01505262
Add your commute

Building Information for 623 East 36th Street

Stories1Residences-Year Built1921Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$3,708 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$439

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 623 East 36th Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 2
  • Water: Public, Water District
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $33,500
  • Net Operating Income: $32,500.00
  • Gross Income: $26,500
  • Gross Rent Multiplier: $22.00
  • Total Annual Expense: 10000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0918
  • Lot Size Square Feet: 4000
Parking Details
Parking Details
  • Parking Garage: Uncovered, Driveway, Parking Space
  • Total Parking: 3
  • Parking Features: Uncovered, Driveway, Parking Space
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Shingle
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-17-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,107.00
  • Unit Actual Rent: $1,107.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,102.00
  • Unit Actual Rent: $1,102.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $127,590.00
  • Assessed Improvement Percent: 30.59
  • Assessed Land Value: $289,494.00
  • Assessed Land Percent: 69.41
  • Assessed Total Value: $417,084.00

Property History for 623 East 36th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 623 East 36th Street

Taxable ValueLand$289,494Additions$127,590Total$417,084
Tax Record2023$5,266 ($439 / month)
Home Facts
Total Finished SqFt1,126 SqFtAbove Grade Finished SqFt1,126 SqFtLot Size4,000 SqFtStyleDuplexYear Built1921ZoningLARD2CountyLOS ANGELESAPN5121-002-004

Schools near 623 East 36th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Wadsworth Avenue Elementary School
PublicK to 5

William Jefferson Clinton Middle School
Public6 to 8

Santee Education Complex
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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623 East 36th Street is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on January 17, 2024 by Dream Realty & Investments Inc, it's currently listed at $599,000. It has been on the market for a total of 103 days and was last sold on June 12, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Wadsworth Avenue Elementary School, William Jefferson Clinton Middle School and Santee Education Complex. 623 East 36th Street is a 2-bed, 2-bath, 1,126 sqft multi-family home built in 1921.

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 Dream Realty & Investments Inc, Joanne Kim, DRE #01505262

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.