$979,000
 $5,255 est/mo Sourced by Back At You

1506 W 36th Street,Los Angeles, CA 90018

Los Angeles, CA 90018

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Description

15% Price Reduction! The offering consists of a Spanish-style 4-unit building fronting 36th Street paired with a separate 3BR/2BA single-family residence at the rear of the lot. The 1-bedroom apartment units are spacious, averaging over 1,000 SF each, and the two upstairs 1-bedroom units have floor plans that easily convert to two-bedroom units. One upstairs unit is currently vacant and recently underwent extensive renovations (including new flooring, sub flooring, and a renovated kitchen and bathroom), providing immediate ability to lease at market rent without tenant relocation. Located a few blocks from USC and the LA Memorial Coliseum, site of the 2028 Olympic Games, the property offers a compelling student-housing repositioning strategy along with substantial mark-to-market rent upside on the apartment units (currently approximately 40% below market). The 3-space carport at the rear of the lot also presents potential ADU conversion opportunities for additional units and income (buyer to verify). Each unit also has its own dedicated storage space within the carport area, and the units are separately metered for gas and electricity. The upstairs 1 bedroom units also have washer-dryer hookups.

Details

MLS #26838933
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1929
Days On Site90
Listing Provided ByKidder Mathews of California, Inc. | Darin Spillman

Features

Bed(s)8
Bath(s)6
SQ Feet5,118
Car PortYes
Story(s)1
Units5
Building(s)2
ZoningLAR2
Acreage0.16

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Parking

Parking FeaturesCarport, Uncovered

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90018
AreaC34 Los Angeles Southwest
Listing VS Median (in 90018)
Price:
$979,000
low | high
Med:
$1,299,000
17.313585291113% of Average
sqft:
5,118
low | high
Med:
3,340
84.7401328644% of Average
$ / sqft:
$191
low | high
Med:
$389
53.320080982061% of Average
On site:
90
low | high
Med:
105
85.714285714286% of Average
Sourced by Back At You

Market Activity 90018

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90018
AreaC34 Los Angeles Southwest
Listing VS Median (in 90018)
Price:
$979,000
low | high
Med:
$1,299,000
17.313585291113% of Average
sqft:
5,118
low | high
Med:
3,340
84.7401328644% of Average
$ / sqft:
$191
low | high
Med:
$389
53.320080982061% of Average
On site:
90
low | high
Med:
105
85.714285714286% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $734K - $1.223M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
1419 W 36th Street Property Photo 1
$1,295,000
1419 W 36th Street
Los Angeles, CA 90018
1452 W 35th Street Property Photo 1
$1,025,000
1452 W 35th Street
Los Angeles, CA 90018
Listing Updated: August 21, 2026 at 11:12:30 PM PDT