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1615 W 36th St, Los Angeles, CA 90018

List Price: $629,999On Market FlagOn market
Jun 5, 20251,336 sqft3 beds2 baths
Listed by: Carlos Villegas
License #: 01775788
Phone #: 661-619-7335
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: 25548645

Property Description

CALLING ALL DEVELOPERS, INVESTORS !! Prime Investment Opportunity Near USC ! Unlock the potential of this exceptional duplex situated on a spacious 6,800+ sq ft lot in the heart of a rapidly developing neighborhood near the University of Southern California (USC). Zoned R2, this property offers outstanding possibilities for investors, developers, or those seeking steady passive income. Front unit features 2 bedroom and 1 bathroom and back unit is a 1bedroom,1bathroom, making it an ideal layout for student housing or rental units. The area is experiencing strong growth, with numerous new developments in progress further enhancing the long-term value and upside of this investment. Highlights: R2 Zoning ideal for future development or expansion. High-demand rental market near USC. Strong development activity in the immediate area. Conveniently located minutes from Downtown LA, USC and major freeways. Enjoy easy access to schools, parks, and local favorites, this is a tenant-friendly, investor-attractive location.This opportunity won't last long. Whether you're a seasoned investor or developer looking for your next project, this property delivers on both location and potential. Priced to sell !
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,509

TurboHome Estimated Value

$665,300

$498 sqft

High Valuation
$698,565
$523/sqft
Normal Valuation
$665,300
$498/sqft
Low Valuation
$632,035
$473/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$498/sqft$665,300

Neighborhood: South Los Angeles

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Comparative Value

$630K

$680K

$705K

$725K

$815K

1615 W 36th St, Los Angeles, CA 90018

List Price: $629,999

Subject Property

1744 W 37th Pl, Los Angeles, CA 90018

Sale Price: $680,000

Selected Comparable

3729 S St Andrews Pl, Los Angeles, CA 90018

Sale Price: $705,000

Selected Comparable

1782 W 37th Pl, Los Angeles, CA 90018

Sale Price: $725,000

Selected Comparable

2024 W 30th St, Los Angeles, CA 90018

Sale Price: $725,000

Selected Comparable

3410 S Gramercy Pl, Los Angeles, CA 90018

Sale Price: $815,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1615 W 36th St, Los Angeles, CA 90018

1615 W 36th St, Los Angeles, CA 90018

List: $629,999

Listed: 6/5/2025

Area:1,336 sqft
Price/sqft:$472
Beds:3
Baths:2
Year Built:
Lot Size:6,801

Comparable Properties

COMPARABLE
Choose comps
1744 W 37th Pl, Los Angeles, CA 90018

1744 W 37th Pl, Los Angeles, CA 90018

Sale: $680,000

11/13/20240.30 mi

Area:1,284 sqft
Price/sqft:$530
Beds:3
Baths:2
Year Built:
Weight:20.5%
1782 W 37th Pl, Los Angeles, CA 90018

1782 W 37th Pl, Los Angeles, CA 90018

Sale: $725,000

12/27/20240.35 mi

Area:1,400 sqft
Price/sqft:$518
Beds:3
Baths:2
Year Built:
Weight:20.4%
2024 W 30th St, Los Angeles, CA 90018

2024 W 30th St, Los Angeles, CA 90018

Sale: $725,000

11/20/20240.33 mi

Area:1,430 sqft
Price/sqft:$507
Beds:3
Baths:2
Year Built:
Weight:20.0%
3729 S St Andrews Pl, Los Angeles, CA 90018

3729 S St Andrews Pl, Los Angeles, CA 90018

Sale: $705,000

9/20/20240.39 mi

Area:1,270 sqft
Price/sqft:$555
Beds:3
Baths:2
Year Built:
Weight:19.9%
3410 S Gramercy Pl, Los Angeles, CA 90018

3410 S Gramercy Pl, Los Angeles, CA 90018

Sale: $815,000

8/21/20240.42 mi

Area:1,212 sqft
Price/sqft:$672
Beds:3
Baths:2
Year Built:
Weight:19.2%

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