123 E 36Th Pl, Los Angeles, CA 90011

Property Description

We are pleased to present for sale Alma Del Pueblo, a 10-unit, two-building Craftsman & Spanish Bungalow style multifamily property located at 123 East 36th Place in the rapidly gentrifying Historic Central neighborhood of Los Angeles. Situated east of Main Street and south of Jefferson Boulevard, the 1926-built property is comprised of one Bungalow-style building with seven one-bedroom / one-bathroom units averaging 550 square feet and one two-bedroom / one-bathroom unit with 850 square feet of living space. The second structure is a traditional two-story Craftsman-style duplex featuring a 900 square feet downstairs one-bedroom / one-bathroom unit, and a 1,100 square foot three-bedroom / one-bathroom upstairs unit. The combined gross building area measures 6,546 square feet, on a 9.375 square foot lot. Both buildings feature a new roof and comprehensively updated exterior with distinctive curb appeal highlighted by lush landscaping that hints at the thoughtfully maintained unit interiors. The property benefits from new electrical wiring throughout, including an updated main panel and individual sub-panels in all units, new copper plumbing, individual water heaters in each unit, and a new roof on the two structures.