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1506 W 36th Street, Los Angeles, CA 90018

$979,000 Approx. USD 8 beds, 6 baths
5,118 sqft

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Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Darin Spillman | darin.spillman@kidder.com
Lic#: 01366902
Broker: Courtesy of Kidder Mathews of California, Inc.
Phone: 310-592-8269

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26838933

List price is $979,000 Reduced by $171,000 on 6/22/2026

Price: $979,000

Beds: 8

Baths: 6

Built in 1929

5,118 sqft

1 story

0.16 acres

Lot size: 0.1561

County: Los Angeles

Zoning: LAR2

Parking description: Carport,Uncovered

Heating/cooling: None

Heating description: Wall Furnace

MLS area: C34 - Los Angeles Southwest

Last Updated: 6/27/2026

Days On Market (DOM): 69

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.022525, -118.303365.
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