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306 E 36th St, Los Angeles, CA 90011

List Price: $1,100,000On Market FlagOn market
Mar 19, 20252,380 sqft5 beds5 baths
Listed by: Kyung Li Kim
License #: 02044016
Phone #: 213-808-2984
Dream Realty & Investments Inc
Source:
CRMLS Logo
MLS #: 25513313

Property Description

This beautifully upgraded two-story 3 units+ADU offers both modern living and exceptional income potential! After purchasing the home, the owner made extensive upgrades, including all-new wall unit AC/heat with remote control in each room, new copper plumbing and electrical system, a brand-new kitchen and bathroom, and new hardwood flooring. Additional improvements include new LED lighting, windows, and stainless steel appliances, as well as fresh interior and exterior paint. The home also features a tankless water heater, two separate electric meters, and two newly built detached garages. The backyard and entire property have been fully renovated, creating a modern and efficient living space. The upstairs unit features 3 bedrooms and 2 bathrooms, while the first-floor units offer two 1-bedroom, 1-bathroom units, providing a total living space of 2,380 sq. ft. With the addition of an approximately 350 sq. ft. ADU, the total livable area expands to 2,730 sq. ft., providing excellent versatility and investment potential. The spacious lot includes parking for up to 7 vehicles and a low-maintenance front and backyard, making it perfect for both investors and homeowners alike. The location couldn't be better! With its proximity to USC, this property is ideal for student rentals or for an owner who wants to reside in one unit while earning rental income from the others. The owner currently occupies a private 1-bed/1-bath unit, which will be delivered vacant, presenting an excellent opportunity to maximize rental income and increase the CAP rate
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

$14,775

TurboHome Estimated Value

$1,042,500

$438 sqft

High Valuation
$1,094,625
$460/sqft
Normal Valuation
$1,042,500
$438/sqft
Low Valuation
$990,375
$416/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$438/sqft$1,042,500

Neighborhood: Central City

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Comparative Value

$675K

$825K

$1.10M

$1.18M

151 W 52nd St, Los Angeles, CA 90037

Sale Price: $675,000

Selected Comparable

914 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

Sale Price: $825,000

Selected Comparable

872 W 42nd Pl, Los Angeles, CA 90037

Sale Price: $830,000

Selected Comparable

306 E 36th St, Los Angeles, CA 90011

List Price: $1,100,000

Subject Property

2324 Portland St, Los Angeles, CA 90007

Sale Price: $1,175,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
306 E 36th St, Los Angeles, CA 90011

306 E 36th St, Los Angeles, CA 90011

List: $1,100,000

Listed: 3/19/2025

Area:2,380 sqft
Price/sqft:$462
Beds:5
Baths:5
Year Built:
Lot Size:6,240

Comparable Properties

COMPARABLE
Choose comps
2324 Portland St, Los Angeles, CA 90007

2324 Portland St, Los Angeles, CA 90007

Sale: $1,175,000

6/2/20251.37 mi

Area:2,301 sqft
Price/sqft:$511
Beds:5
Baths:4
Year Built:
Weight:28.4%
872 W 42nd Pl, Los Angeles, CA 90037

872 W 42nd Pl, Los Angeles, CA 90037

Sale: $830,000

11/27/20241.28 mi

Area:2,885 sqft
Price/sqft:$288
Beds:5
Baths:5
Year Built:
Weight:26.1%
914 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

914 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

Sale: $825,000

10/17/20240.69 mi

Area:2,651 sqft
Price/sqft:$311
Beds:6
Baths:5
Year Built:
Weight:23.7%
151 W 52nd St, Los Angeles, CA 90037

151 W 52nd St, Los Angeles, CA 90037

Sale: $675,000

12/29/20241.38 mi

Area:2,722 sqft
Price/sqft:$248
Beds:6
Baths:5
Year Built:
Weight:21.8%

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