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1178 W 37Th St, Los Angeles, CA 90007
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1178 W 37Th St Los Angeles, CA 90007

$1,950,000 Sold Price as of 05/09/2022
  • 4 Beds
  • 2 Baths
  • 2,378 Sq.Ft.
Sold
$1,950,000 Sold Price as of 05/09/2022 Refinance Your Mortgage
Map preview of 1178 W 37Th St, Los Angeles, CA 90007

Property Overview: 1178 W 37Th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,378 living square feet and 7,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer for sale this 7,250 SF lot Student Housing Development opportunity located at 1178 W. 37th Street, less than a block to the University of Southern California (USC).The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing duplex currently on the lot that will be delivered vacant upon the close of escrow.The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.

Listed by Davis Saadian | BRE #01921748 | Keller Williams Beverly Hills
Last checked: 15 minutes ago | Last updated: May 9th, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
7,250
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22140213
City
Los Angeles
County
Los Angeles
Time on Site
909 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1178 W 37Th St

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 5040031002
Location / Neighborhood
Location Information
  • Directions: 1178 W. 37th Street, Los Angeles CA 90007
View more facts & features

Local Los Angeles Agent

Sale History for 1178 W 37Th St

Last sold for $1,950,000 on May 9th, 2022

  • May, 2022

  • May 9, 2022

    Date

    Sold

    CRMLS: 22140213

    $1,950,000

    Price

  • Mar 25, 2022

    Date

    Active

    CRMLS: 22140213

    $1,950,000

    Price

  • May, 2022

  • May 9, 2022

    Date

    Sold

    CRMLS: 22140221

    $1,950,000

    Price

  • Mar 25, 2022

    Date

    Active

    CRMLS: 22140221

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2019

  • Mar 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $240,000

    Price

  • July, 2013

  • Jul 22, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1178 W 37Th St

Assessed Value (2020): $413,815
Year Land Value Improved Value Assessed Value
2020 $269,023 $144,792 $413,815

Home Value Compared to the Market

This property vs the competition

1178 W 37Th St sold on May 9, 2022 for 74.11% 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 $820.02 per/sqft which puts the price per square foot 13.26% higher than the current median sale per square foot for the city of Los Angeles.

About 1178 W 37Th St

Detailed summary of property

1178 W 37Th St is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,378 living square feet, and sits on an approximately 7,250 square foot lot. 1178 W 37Th St was first listed on ArdentRealEstateGroup.com on March 26, 2022. The homeowner sold the property for $1,950,000. 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 74.11% higher than the current median priced home. Local homes that are currently for sale include 1862 W 20th St, 2005 Magnolia Ave and 4529 S Vermont Ave. While the average home in Los Angeles, CA is selling in 106 days, 1178 W 37Th St has a days on market of 28 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 1178 W 37Th St 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 1178 W 37Th St

Public county record property details
Beds
4
Baths
2
Year built
1927
Sq. Ft.
2,378
Lot Size
7,250
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5040-031-002

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%)

Thinking of Selling?

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(714) 706-1823

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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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