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1325 W 37Th Dr Los Angeles, CA 90007

$2,500,000 Sold Price as of 03/19/2020

9 Beds
12 Baths
5,400 Sq.Ft.

Sold

$2,500,000 Sold Price as of 03/19/2020 Refinance Your Mortgage

Map preview of 1325 W 37Th Dr, Los Angeles, CA 90007

Property Overview: 1325 W 37Th Dr Los Angeles, CA has 9 bedrooms, 12 bathrooms, 5,400 living square feet and 6,605 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BRAND NEW CONSTRUCTION! Self-managed, very high demand area, USC Student Housing situated in Department of Public Safety Zone in quiet residential stretch of University Park/Expo with walking distance to all new USC Village Plaza, minutes from Expo Light Rail station, Banc of CA Stadium (LAFC), The Shrine, The Coliseum & more. One SFR in rear, one DUPLEX in front. Unit mix of 3 X (3 BED 4 BATHS). Each unit has 3 SUPER HUGE bedrooms that can be split and/or shared by 2 persons per bedroom w/private attached bathroom w/ shower & tub. Collecting $162,000 a year since 7/2018. However, due to super-large sized bedroom, new owner could EASILY place 2 students per bedroom at $1,000 each and collect $216,000 a year. Landlord pays $0 ZERO utilities. Tenants pay ALL utilities, separately metered. Smooth stucco ALL around, kitchen islands w/ water falls, custom sinks, counter depth, fully equipped w/ fire sprinklers.

Listed by Peter Yoo | BRE #01449891 | Masters Realty & Investment

Last checked: 13 minutes ago | Last updated: November 17th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft: 6,605
HOA Dues: $0/mo
Year built: 2018
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20556814
City: Los Angeles
County: Los Angeles
Time on Site: 1213 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 3

Unit Breakdown 1

# of Units: --
# of Beds: 3
# of Baths: 4
Actual Rent: $54,000
Total Rent: --

Unit Breakdown 2

# of Units: --
# of Beds: 3
# of Baths: 4
Actual Rent: $54,000
Total Rent: --

Unit Breakdown 3

# of Units: --
# of Beds: 3
# of Baths: 4
Actual Rent: $54,000
Total Rent: --

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 5.3%
Gross Rent Multiplier: 15.35
Gross Scheduled Income: --
Net Operating Income: $162,000
Gross Operating Income: $162,000

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 1325 W 37Th Dr

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central

Laundry Information

Has Laundry
Washer Included, Dryer Included

Room Information

Flooring: Wood

Kitchen Information

Has Appliances
Disposal, Microwave, Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 8
Has Parking
Parking Features: Gated

Property Information

Total # of Units: 3
Parcel Number: 5040011017
Year Built Source: Assessor

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Location / Neighborhood

Location Information

Directions: North of Exposition, East of Normandie, Within USC DPS Zone.

View more facts & features

Local Los Angeles Agent

Sale History for 1325 W 37Th Dr

Last leased for $4,800 on July 21st, 2020

July, 2020
Jul 23, 2020

Date

Leased

CRMLS: WS20122279

$4,800

Price
Jun 24, 2020

Date

Active

CRMLS: WS20122279

$1,500

Price
Listing provided courtesy of CRMLS

STUDENT HOUSING now available for lease! Perfect for USC students/nurses/working professionals. Total of 3 bedrooms/3.5 bathrooms in a two-year-old newly constructed, semi-furnished home. Rooms can be rented out individually or in groups. Each room is $1500/month and is large enough for double occupancy if needed. Entire 3 bedroom unit will be available August 1. Group discounts available. Private bedroom with private bathroom plus an additional half bathroom for the common area.Semi-Furnished-Appliances included: refrigerator, stove, microwave, washer and dryer. Common area furnishings and additional mini fridges will be provided. External security cameras installed for added safety. Tenant shares responsibility for all utilities with housemates. Gated parking space available on first-come, first serve basis at an additional cost. Within a quarter mile of USC, in the USC Department of Public Safety (DPS) and Patrol and Response Area. Close to EXPO Subway Line, restaurants, supermarket,with easy access to freeway. Min 1 year lease. First month’s rent $1500 + $2100 security deposit + $150 cleaning fee due at lease signing. $30 credit/background check required. Guarantors/Co-Signers accepted. Renters insurance required. -Availability: At time of posting, some rooms are available immediately while others are available 8/1/2020 (or sooner). Be sure to verify availability. To schedule a viewing, please text Carrie and share a little about yourself/your group

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March, 2020
Mar 19, 2020

Date

Sold

CRMLS: 20556814

$2,500,000

Price
Mar 14, 2020

Date

Pending

CRMLS: 20556814

$2,500,000

Price
Mar 13, 2020

Date

Active

CRMLS: 20556814

$2,500,000

Price
March, 2020
Mar 19, 2020

Date

Sold (Public Records)

Public Records

$2,300,000

Price
December, 2019
Dec 26, 2019

Date

Expired

CRMLS: 19474158

$2,754,000

Price
Oct 25, 2019

Date

Withdrawn

CRMLS: 19474158

$2,754,000

Price
Jul 29, 2019

Date

Active

CRMLS: 19474158

$2,754,000

Price
Jul 21, 2019

Date

Hold

CRMLS: 19474158

$2,754,000

Price
Jul 8, 2019

Date

Active

CRMLS: 19474158

$2,754,000

Price
Jul 6, 2019

Date

Hold

CRMLS: 19474158

$2,754,000

Price
Jun 10, 2019

Date

Active

CRMLS: 19474158

$2,754,000

Price
Listing provided courtesy of CRMLS

BRAND NEW CONSTRUCTION! 4.7% current CAP. 6.3% upside potential CAP! Self-managed, very high demand area, USC Student Housing situated in Department of Public Safety Zone in quiet residential stretch of University Park/Expo with walking distance to all new USC Village Plaza, minutes from Expo Light Rail station, Banc of CA Stadium (LAFC), The Shrine, The Coliseum & more. One SFR in rear, one DUPLEX in front. Unit mix of 3 X (3 BED 4 BATHS). Each unit has 3 SUPER HUGE bedrooms that can be split and/or shared by 2 persons per bedroom w/private attached bathroom w/ shower & tub. Currently completely leased out through full USC calendar year 7/2019 collecting $162,000 a year. However, due to super-large sized bedroom, new owner could EASILY place 2 students per bedroom at $1,000 each and collect $216,000 a year. Current owner just didn't want to bother with it so instead leased out to 3 graduate students per unit. Landlord pays $0 utilities. Tenants pay ALL utilities, separately metered.

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December, 2019
Dec 25, 2019

Date

Expired

CRMLS: 19491364

$1,500

Price
Aug 17, 2019

Date

Withdrawn

CRMLS: 19491364

$1,500

Price
Jul 27, 2019

Date

Pending

CRMLS: 19491364

$1,500

Price
Jul 21, 2019

Date

Active

CRMLS: 19491364

$1,500

Price
Listing provided courtesy of CRMLS

This is strictly for USC STUDENT HOUSING available beginning August 1, 2019 for current or future USC-ENROLLED students. BRAND NEW CONSTRUCTION! (2018). USC Department of Public Safety Zone. You will be SHARING the entire house with two other USC graduate students with their own private bedrooms & private bathrooms. Each person will have their OWN PRIVATE bedroom w/ bathroom. You will have your own private bedroom/bathroom, NOT shared but the ENTIRE house is being shared. One additional bathroom by the living room for guests. Central AC, fire sprinklers, hardwood flooring all throughout. NO PETS ALLOWED. All utilities are tenants' responsibilities. Short walking distance to campus, Expo Light Rail Station, USC Village Plaza, and 7 miles to Beverly Hills. Now accepting deposit for upcoming Spring/Fall Semester and/or following school year as well. Student Housing is scarcity in the area. Renter's Insurance required.

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July, 2019
Jul 27, 2019

Date

Leased

CRMLS: 19491220

$4,500

Price
Jul 23, 2019

Date

Price Change

CRMLS: 19491220

$4,750

Price
Jul 23, 2019

Date

Price Change

CRMLS: 19491220

$4,200

Price
Jul 21, 2019

Date

Active

CRMLS: 19491220

$4,750

Price
Listing provided courtesy of CRMLS

USC Student Housing. BRAND NEW CONSTRUCTION! USC Department of Public Safety Zone. Total 3 SUPER LARGE BEDROOMS that can be shared by 4 students. Two large oversized bedrooms upstairs with private bathrooms, extra storage spaces throughout. One even larger oversized master bedroom downstairs leading to living room and kitchen with huge center island. You will have your own private bathroom, NOT shared. One additional bathroom by the living room for guests. Central AC, fire sprinklers, hardwood flooring all throughout. NO PETS ALLOWED. All utilities are tenants' responsibilities. Short walking distance to campus, Expo Light Rail Station to Santa Monica, USC Village Plaza, and 7 miles to Beverly Hills, 2 miles to LA Live! Now accepting deposit for upcoming Spring/Fall Semester and/or following school year as well. Student Housing is scarcity in the area. Renter's Insurance required. NO PETS ALLOWED! NO SMOKING ALLOWED!

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July, 2019
Jul 6, 2019

Date

Leased

CRMLS: 19435300

$1,500

Price
Jul 2, 2019

Date

Pending

CRMLS: 19435300

$1,500

Price
Jun 5, 2019

Date

Active

CRMLS: 19435300

$1,500

Price
May 1, 2019

Date

Withdrawn

CRMLS: 19435300

$1,500

Price
Apr 27, 2019

Date

Active

CRMLS: 19435300

$1,500

Price
Apr 18, 2019

Date

Hold

CRMLS: 19435300

$1,500

Price
Apr 10, 2019

Date

Active

CRMLS: 19435300

$1,500

Price
Mar 31, 2019

Date

Hold

CRMLS: 19435300

$1,500

Price
Feb 25, 2019

Date

Active

CRMLS: 19435300

$1,500

Price
Feb 20, 2019

Date

Hold

CRMLS: 19435300

$1,500

Price
Feb 17, 2019

Date

Active

CRMLS: 19435300

$1,500

Price
Listing provided courtesy of CRMLS

This is strictly for USC STUDENT HOUSING available beginning August 1, 2019 for current or future USC-ENROLLED students. BRAND NEW CONSTRUCTION! (2018). USC Department of Public Safety Zone. You will be SHARING the entire house with two other male graduate students with their own private bedrooms & private bathrooms. Each person will have their OWN PRIVATE bedroom w/ bathroom. You will have your own private bedroom/bathroom, NOT shared but the ENTIRE house is being shared. One additional bathroom by the living room for guests. Central AC, fire sprinklers, hardwood flooring all throughout. NO PETS ALLOWED. All utilities are tenants' responsibilities. Short walking distance to campus, Expo Light Rail Station, USC Village Plaza, and 7 miles to Beverly Hills. Now accepting deposit for upcoming Spring/Fall Semester and/or following school year as well. Student Housing is scarcity in the area. Renter's Insurance required.

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July, 2019
Jul 6, 2019

Date

Leased

CRMLS: 18417462

$4,500

Price
Feb 10, 2019

Date

Pending

CRMLS: 18417462

$4,500

Price
Jan 2, 2019

Date

Active

CRMLS: 18417462

$4,500

Price
Listing provided courtesy of CRMLS

USC Student Housing. BRAND NEW CONSTRUCTION! (2018). USC Department of Public Safety Zone. Can be shared with upto 4 students. Two large oversized bedrooms upstairs with private bathrooms, extra storage spaces throughout. One larger oversized master bedroom downstairs leading to living room and kitchen with huge center island. You will have your own private bathroom, NOT shared. One additional bathroom by the living room for guests. Central AC, fire sprinklers, hardwood flooring all throughout. NO PETS ALLOWED. All utilities are tenants' responsibilities. Short walking distance to campus, Expo Light Rail Station, USC Village Plaza, and 7 miles to Beverly Hills. Now accepting deposit for upcoming Spring/Fall Semester and/or following school year as well. Student Housing is scarcity in the area.Renter's Insurance required.

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December, 2018
Dec 26, 2018

Date

Expired

CRMLS: 18375494

$5,000

Price
Dec 18, 2018

Date

Hold

CRMLS: 18375494

$5,000

Price
Nov 10, 2018

Date

Price Change

CRMLS: 18375494

$5,000

Price
Oct 7, 2018

Date

Withdrawn

CRMLS: 18375494

$1,500

Price
Sep 16, 2018

Date

Active

CRMLS: 18375494

$1,500

Price
Sep 7, 2018

Date

Hold

CRMLS: 18375494

$1,500

Price
Aug 15, 2018

Date

Active

CRMLS: 18375494

$1,500

Price
Listing provided courtesy of CRMLS

USC Student Housing. BRAND NEW CONSTRUCTION! (2018). USC Department of Public Safety Zone. Can be shared with upto 4 students. Two large oversized bedrooms upstairs with private bathrooms, extra storage spaces throughout. One larger oversized master bedroom downstairs leading to living room and kitchen with huge center island. You will have your own private bathroom, NOT shared. One additional bathroom by the living room for guests. Central AC, fire sprinklers, hardwood flooring all throughout. No pets allowed. All utilities are tenants' responsibilities. Short walking distance to campus, Expo Light Rail Station, USC Village Plaza, and 7 miles to Beverly Hills. Now accepting deposit for upcoming Spring Semester and/or following school year as well. Student Housing is scarcity in the area.Renter's Insurance required.

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October, 2018
Oct 1, 2018

Date

Leased

CRMLS: 18372132

$5,000

Price
Sep 26, 2018

Date

Pending

CRMLS: 18372132

$5,000

Price
Sep 16, 2018

Date

Active

CRMLS: 18372132

$5,000

Price
Sep 7, 2018

Date

Hold

CRMLS: 18372132

$5,000

Price
Aug 5, 2018

Date

Active

CRMLS: 18372132

$5,000

Price
Listing provided courtesy of CRMLS

BRAND NEW USC Student Housing in USC Department of Public Safety (DPS Zone 24/7 dedicated patrol). Also accepting DEPOSITS to secure housing for upcoming Spring Semester, if desired. BRAND NEW CONSTRUCTION FROM GROUND UP (2018). Only one unit remaining out of total 3 unit complex. This detached single family residence has 3 SUPER LARGE bedrooms 4 bathrooms. 3 (3x4) Each bedroom can hold two beds if desired. Each unit has its own separate meters for gas, electricity, water. Large kitchen center island with waterfall counter tops, completely custom built, smooth stucco entire complex, custom hardscape/landscape, 4 ton central HVAC in each unit, LED lightings everywhere, fire sprinkler, drip irrigation. Very close proximity walking distance to Expo Light Rail Station, USC campus. Five minutes to LA Live, Staples Center, 7 miles to Beverly Hills. Upto 4 students can share the house.

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August, 2018
Aug 3, 2018

Date

Leased

CRMLS: 18360200

$5,000

Price
Jul 2, 2018

Date

Active

CRMLS: 18360200

$4,500

Price
Listing provided courtesy of CRMLS

2018 NEW CONSTRUCTION: 3 super huge Bed 4 Baths USC Student Housing in University Park within USC DPS zone that provides 24/7 around the clock private securities. Short walk to all-new USC Village Plaza, Expo Light Rail Station, Banc of CA Stadium & more. 7 Miles to Beverly Hills, 3 miles to LA Live! Each unit has THREE super huge bedrooms that can be split/shared providing its own private bathroom. Unit mix = 3 (3 Bed+ 4 Baths) totalling 9 bedrooms 12 bathrooms that can be split/shared/converted into total 18 bedrooms. This is for a PER-UNIT lease. One duplex, One SFR on one lot. Custom kitchen w/ huge island w/ waterfall countertop, storage, LED recessed lightings, fire sprinkler systems all throughout, smooth wall, smooth stucco exterior, brand new stainless steel appliances, central HVAC, in-unit laundry, custom hardscape/landscape. Gated parkings for upto 8 cars . Separate METERS for gas, electric, water for all units.

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July, 2018
Jul 6, 2018

Date

Leased

CRMLS: 18348370

$4,500

Price
Jul 2, 2018

Date

Pending

CRMLS: 18348370

$4,500

Price
Jun 2, 2018

Date

Active

CRMLS: 18348370

$4,500

Price
Listing provided courtesy of CRMLS

2018 NEW CONSTRUCTION: A 3 Bed 4 Bath USC Student Housing in University Park within USC DPS zone that provides 24/7 around the clock private securities. Short walk to all-new USC Village Plaza, Expo Light Rail station, Banc of CA Stadium & more. 7 Miles to Beverly Hills, 3 miles to LA Live! Each unit has THREE super huge bedrooms that can be split/shared providing its own private bathroom. Unit mix = 3 (3 Bed +4 Baths) totalling 9 bedrooms 12 bathrooms that can be split/shared/converted into total 18 bedrooms. This is for a PER-UNIT lease. One duplex, One SFR on one lot. Custom kitchen w/ huge island w/ waterfall countertop, storage, LED recessed lightings, fire sprinkler systems all throughout, smooth wall, smooth stucco exterior, brand new stainless steel appliances, central HVAC, in-unit laundry, custom hardscape/landscape. Gated parkings for upto 8 cars . Separate METERS for gas, electric, water for all units. No pets allowed.

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October, 2017
Oct 28, 2017

Date

Expired

CRMLS: 17225790

$559,000

Price
May 9, 2017

Date

Withdrawn

CRMLS: 17225790

$559,000

Price
May 2, 2017

Date

Hold

CRMLS: 17225790

$559,000

Price
Apr 28, 2017

Date

Active

CRMLS: 17225790

$559,000

Price
Listing provided courtesy of CRMLS

Tenant living, please, do not trespass & disturb tenant. Only pass by! Only Appointment showing. You can build 3 units for USC students! A lot of parking spaces at back yard. Text me for more information!

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July, 2017
Jul 10, 2017

Date

Sold (Public Records)

Public Records

$452,000

Price

Tax History for 1325 W 37Th Dr

Assessed Value (2020): $1,504,281

Year	Land Value	Improved Value	Assessed Value
2020	$470,260	$1,034,021	$1,504,281

Home Value Compared to the Market

This property vs the competition

1325 W 37Th Dr sold on March 19, 2020 for 110.08% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $462.96 per/sqft which puts the price per square foot 38.68% lower than the current median sale per square foot for the city of Los Angeles.

About 1325 W 37Th Dr

Detailed summary of property

1325 W 37Th Dr is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 9 bedrooms, 12 bathrooms, roughly 5,400 living square feet, and sits on an approximately 6,605 square foot lot. 1325 W 37Th Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 110.08% higher than the current median priced home. Local homes that are currently for sale include 603 W 47th St, 2143 Portland St and 1243 S Catalina St. 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 1325 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 1325 W 37Th Dr

Public county record property details

Beds: 9
Baths: 12
Year built: 2018
Sq. Ft.: 4,830
Lot Size: 6,605
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 17
APN: 5040-011-017

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

Median Sale to List Price %

94.79%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.