1189 W 37Th Pl, Los Angeles, CA 90007
View Photos

1189 W 37Th Pl Los Angeles, CA 90007

$1,700,000 Sold Price as of 09/10/2021
  • 9 Beds
  • 3 Baths
  • 3,039 Sq.Ft.
Sold
$1,700,000 Sold Price as of 09/10/2021 Refinance Your Mortgage

Map preview of 1189 W 37Th Pl, Los Angeles, CA 90007

Property Overview: 1189 W 37Th Pl Los Angeles, CA has 9 bedrooms, 3 bathrooms, 3,039 living square feet and 7,001 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 7,000 SF lot Development opportunity located at 1189 W. 37th Place, 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, rented and occupied with USC students.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 USCs landmarks, academic buildings, and entertainment options.

Listed by Davis Saadian | BRE #01921748 | Keller Williams Beverly Hills
Co-listed by Adam Shamooelian | BRE #02116849 | Keller Williams Beverly Hills
Last checked: 5 minutes ago | Last updated: October 6th, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
7,001
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21758938
City
Los Angeles
County
Los Angeles
Time on Site
1168 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 7
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $8,400
  • Total Rent: $8,400
  • Pro Forma/Market Rent: $10,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.95
  • Gross Scheduled Income: --
  • Net Operating Income: $85,146
  • Gross Operating Income: $121,638
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1189 W 37Th Pl

Interior Features
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 5040031035
Location / Neighborhood
Location Information
  • Directions: 1189 W. 37th Place, LA 90007
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 1189 W 37Th Pl

Last sold for $1,700,000 on September 10th, 2021
  • September, 2021

  • Sep 12, 2021

    Date

    Sold

    CRMLS: 21758938

    $1,700,000

    Price

  • Jul 29, 2021

    Date

    Pending

    CRMLS: 21758938

    $1,875,000

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: 21758938

    $1,875,000

    Price

  • March, 2017

  • Mar 16, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,250,000

    Price

  • March, 2016

  • Mar 1, 2016

    Date

    Price Change

    CRMLS: 16101802

    $6,995

    Price

  • Listing provided courtesy of CRMLS

    One block from USC campus. Two story Victorian. Updated kitchen, hardwoods. Conveniently located near the Metro Expo Line, the 10 and 110 Freeways.

  • June, 2015

  • Jun 18, 2015

    Date

    Price Change

    CRMLS: 15903419

    $5,595

    Price

  • May 9, 2015

    Date

    Price Change

    CRMLS: 15903419

    $6,000

    Price

  • Listing provided courtesy of CRMLS

    One block from USC campus. Two story Victorian . Updated kitchen, hardwoods. Conveniently located near the Metro Expo Line and the 10 and 110 Freeways.

  • May, 2015

  • May 12, 2015

    Date

    Price Change

    CRMLS: 15903425

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    This is a quaint three bedroom / one bath with laundry facility on property. parking shared with main house. Conveniently located near USC (one block) and the 10 and 110 Freeways. Must see.

  • July, 2014

  • Jul 30, 2014

    Date

    Sold (Public Records)

    Public Records

    $848,500

    Price

  • May, 2014

  • May 15, 2014

    Date

    Price Change

    CRMLS: 14761007

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Opportunity! Two houses on a large corner lot just walking distance to USC Campus (1 block). Front House currently owner occupied is a 2-Story Victorian w/4-bedrooms & 2 full baths, Living rm, a cozy den, dining room, updated kitchen, service area w/washer/dryer hookups and hardwood floors. All bedrooms are upstairs 1 bathroom down stairs. The rear house is tenant occupied and has 2 bedrooms & 1 bath. There is a 2-car garage and large driveway for two more cars. This is a high demand neighborhood for off campus student housing. Conveniently located near the Metro Expo Line and the 110 & 10 Fwy. No sign on the property.

Show More

Tax History for 1189 W 37Th Pl

Assessed Value (2020): $1,326,510
Year Land Value Improved Value Assessed Value
2020 $795,906 $530,604 $1,326,510

Home Value Compared to the Market

This property vs the competition

1189 W 37Th Pl sold on September 10, 2021 for 67.41% 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 $616.98 per/sqft which puts the price per square foot 14.78% lower than the current median sale per square foot for the city of Los Angeles.

About 1189 W 37Th Pl

Detailed summary of property

1189 W 37Th Pl is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 9 bedrooms, 3 bathrooms, roughly 3,039 living square feet, and sits on an approximately 7,001 square foot lot. 1189 W 37Th Pl was first listed on ArdentRealEstateGroup.com on July 9, 2021. The homeowner sold the property for $1,700,000. 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 67.41% higher than the current median priced home. Local homes that are currently for sale include 1026 W 24th St, 1862 W 20th St and 2005 Magnolia Ave. While the average home in Los Angeles, CA is selling in 106 days, 1189 W 37Th Pl has a days on market of 20 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 1189 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 1189 W 37Th Pl

Public county record property details
Beds
9
Baths
3
Year built
1939
Sq. Ft.
3,039
Lot Size
7,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
38
APN
5040-031-035

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?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.