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1275 W 37Th Dr, Los Angeles, CA 90007
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1275 W 37Th Dr Los Angeles, CA 90007

$1,500,000
  • 5 Beds
  • 3 Baths
  • 1,786 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified
Map preview of 1275 W 37Th Dr, Los Angeles, CA 90007

Property Overview: 1275 W 37Th Dr Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,786 living square feet and 6,602 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Attention all investors. Here's an incredible opportunity you won't want to miss. This property is a prime candidate for student housing, conveniently situated just a short stroll from the University of Southern California (USC). What's more, it falls within the USC patrol zone, making it an even more attractive prospect. The potential for this property is boundless, making it a highly sought-after investment.

Listed by DELIMIRO CEJA | BRE #02055809 | CENTURY 21 REALTY MASTERS
Last checked: 12 minutes ago | Last updated: April 13th, 2024 | Source CRMLS | DOM: 190
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Home details

Lot Sq. Ft
6,602
HOA Dues
$0/mo
Year built
1909
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
MB23198085
City
Los Angeles
County
Los Angeles
Time on Site
197 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $954
  • Total Rent: $954
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $11,448
  • Net Operating Income: $4,488
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,960
  • Electric: $1,680
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $5,280

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Property Details for 1275 W 37Th Dr

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5040014032
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Raymond and 37th Dr.
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1275 W 37Th Dr

Last sold on March 1st, 1999

  • October, 2023

  • Oct 24, 2023

    Date

    Active

    CRMLS: MB23198085

    $1,500,000

    Price

  • March, 1999

  • Mar 1, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1997

  • Mar 3, 1997

    Date

    Sold (Public Records)

    Public Records

    $157,000

    Price

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Tax History for 1275 W 37Th Dr

Assessed Value (2020): $233,789
Year Land Value Improved Value Assessed Value
2020 $186,147 $47,642 $233,789

Home Value Compared to the Market

This property vs the competition

1275 W 37Th Dr is listed 21.46% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $839.87 per/sqft which puts the price per square foot 8.51% higher than the median price per square foot for the city of Los Angeles.

About 1275 W 37Th Dr

Detailed summary of property

1275 W 37Th Dr is a duplex located in Los Angeles, CA 90007 and is currently for sale. This duplex offers 5 bedrooms, 3 bathrooms, roughly 1,786 living square feet, and sits on an approximately 6,602 square foot lot. 1275 W 37Th Dr was first listed on ArdentRealEstateGroup.com on October 24, 2023. The homeowner is currently asking $1,500,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 21.46% higher than the median priced home. Local competing homes currently for sale include 1387 W 30th St, 3005 S Normandie Ave and 3877 Denker Ave. While the average home in Los Angeles, CA is selling in 94 days, 1275 W 37Th Dr has a days on market of 190 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1275 W 37Th Dr 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 1275 W 37Th Dr

Public county record property details
Beds
4
Baths
2
Year built
1909
Sq. Ft.
1,786
Lot Size
6,599
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
5040-014-032

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
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
11
Median Sale to List Price %
94.79%
Avg Days on Market
63
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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