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1177 W 37th Pl, Los Angeles, CA 90007
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1177 W 37th Pl Los Angeles, CA 90007

$1,418,000 Sold Price as of 06/30/2020
  • 0 Beds
  • 0 Baths
  • 3,034 Sq.Ft.
Sold
$1,418,000 Sold Price as of 06/30/2020 Refinance Your Mortgage
Map preview of 1177 W 37th Pl, Los Angeles, CA 90007

Property Overview: 1177 W 37th Pl Los Angeles, CA has -- bedrooms, -- bathrooms, 3,034 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime student housing development opportunity in the coveted 90007 zip code of Los Angeles, CA. Less than one block from the main University Park campus of the University of Southern California, the property is in an unbeatable student housing location. Within the CSC and DPS patrol Zones. Delivered fully vacant. The offering consists of an existing duplex situated on a 7,000 square foot lot zoned LARD1.5. The duplex will be delivered vacant and is likely a teardown. RD1.5 zoning allows for one dwelling unit to be built per 1,500 square feet of lot space which equates to a maximum density of four new construction units for a developer (buyer to verify). Property is also Tier 3 TOC eligible which would allow a buyer significant development bonuses (buyer to verify). The area surrounding the campus has seen and will continue to see sustained appreciation due to the recently opened LA Metro Exposition Light Rail line, the LAFC stadium opened in April and the $1 Billion George Lucas Narrative Art museum that recently broke ground. USC recently completed (less than a mile from the subject property) the $700-Million Mixed-Use Project at the University Village offering major national retailers, open spaces, 2,000 student housing beds and innovative academic collaboration spaces.

Listed by Daniel Lewin | BRE #01932742 | Marcus & Millichap
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 195

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1903
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19199894
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1177 W 37th Pl

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5040031033
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Less than One Block from USC
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1177 W 37th Pl

Last sold on August 17th, 2020

  • August, 2020

  • Aug 17, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2020

  • Jul 22, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,418,000

    Price

  • July, 2020

  • Jul 5, 2020

    Date

    Sold

    CRMLS: PW19199894

    $1,418,000

    Price

  • Feb 20, 2020

    Date

    Pending

    CRMLS: PW19199894

    $1,550,000

    Price

  • Feb 5, 2020

    Date

    Active

    CRMLS: PW19199894

    $1,550,000

    Price

  • Feb 4, 2020

    Date

    Hold

    CRMLS: PW19199894

    $1,550,000

    Price

  • Aug 21, 2019

    Date

    Active

    CRMLS: PW19199894

    $1,550,000

    Price

Show More

Tax History for 1177 W 37th Pl

Assessed Value (2020): $40,969
Year Land Value Improved Value Assessed Value
2020 $25,751 $15,218 $40,969

Home Value Compared to the Market

This property vs the competition

1177 W 37th Pl sold on June 30, 2020 for 38.39% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $510.88 per/sqft which puts the price per square foot 29.44% lower than the current median sale per square foot for the city of Los Angeles.

About 1177 W 37th Pl

Detailed summary of property

1177 W 37th Pl is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered -- bedrooms, -- bathrooms, roughly 3,034 living square feet, and sits on an approximately 7,000 square foot lot. 1177 W 37th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,418,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.39% higher than the current median priced home. Local homes that are currently for sale include 1520 W 37th St, 2939 Brighton Ave and 4056 S Normandie Ave. While the average home in Los Angeles, CA is selling in 106 days, 1177 W 37th Pl has a days on market of 195 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1177 W 37th Pl Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1177 W 37th Pl

Public county record property details
Beds
5
Baths
2
Year built
1903
Sq. Ft.
3,034
Lot Size
7,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
5040-031-033

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,495,000
Median List Price/Sq.Ft.
$610
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
16
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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