1293 West 36th Street
$1,495,000
13
12
1,467
1,467
$1,019
Description
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...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.
- Listed by Davis Saadian • DRE #01921748 • Brokerage DRE #01854200 • KW Advisors
Property Details for 1293 West 36th Street
Zoning
LARD1.5
Parcel Number5040006017
Total Units4.0
Living Area1467
Source Living AreaVendor Enhanced
AreaLos Angeles Southwest (C34)
Vacancy Rate0%
Lot Size Area5302
LISTING UPDATED: 11/24/2024 06:47 AM
Property Details for 1293 West 36th Street
Status | Active |
---|---|
MLS # | 24-436853 |
Days on Market | 102 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1903 |
Lot Size | 0.12 AC / 5,302 SF |
County | Los Angeles County |
Building Information for 1293 West 36th Street
Stories1Residences-Year Built1903Building Size-Lot Size0.12 AC / 5,302 SF
Property Information for 1293 West 36th Street
Property History for 1293 West 36th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1293 West 36th Street
Taxable ValueLand$193,161Additions$84,503Total$277,664
Tax Record2024$3,630 ($303 / month)
Home Facts
Beds3Total Finished SqFt1,467 SqFtAbove Grade Finished SqFt1,467 SqFtLot Size5,302 SqFtStyleSingle Family ResidenceYear Built1903ZoningLARD1.5CountyLOS ANGELESAPN5040-006-017
Schools near 1293 West 36th Street
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 |
---|---|---|
John W. Mack 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.