1506 W 36th Street, Los Angeles, CA 90018
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1506 W 36th Street,Los Angeles, CA 90018
$979,000
- 8 Beds
- 6 Baths
- 5,118 sq. ft.
- Multi-family
- Active
Listed by: darin spillman
Office: kidder mathews of california, inc.310-312-1800
MLS#:26838933
Source:CRMLS
Price summary
- Price:$979,000
- Price per sq. ft.:$191.29
About this home
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....
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Home facts
- Year built:1929
- Listing ID #:26838933
- Added:45 day(s) ago
- Updated:July 11, 2026 at 03:29 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Living area:5,118 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1929
- Building area:5,118 sq. ft.
- Lot area:0.16 Acres
- Levels:1 Story
Finances and disclosures
- Price:$979,000
- Price per sq. ft.:$191.29
Parking
- Total parking spaces:5
- Parking description:Carport, Uncovered
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