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1375 W 37Th Dr, Los Angeles, CA 90007
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1375 W 37Th Dr Los Angeles, CA 90007

$1,799,000
  • 8 Beds
  • 5.75 Baths
  • 3,499 Sq.Ft.
For Sale
$1,799,000 Get Pre-Qualified
Map preview of 1375 W 37Th Dr, Los Angeles, CA 90007

Property Overview: 1375 W 37Th Dr Los Angeles, CA has 8 bedrooms, 5.75 bathrooms, 3,499 living square feet and 5,945 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: Great cash flow in USC student housing investment. 1373 and 1375 W. 37th Drive. Duplex homes is within the boundaries of the DPS patrol, walking distance to USC. Stores, Market and metro station. The first unit is charming craftsman style features 3 Bedrooms and 2 baths, 1123 sq. ft built 1920 with updated Kitchen and bathrooms, laminate flooring. Second unit house was built 2018 total 2376 sq ft, features 4 bedrooms and 4 baths. Each unit has separate electric and gas meters. 4 parking spaces.

Listed by Jennifer Chang | BRE #01244408 | IRN Realty
Last checked: 2 minutes ago | Last updated: May 31st, 2024 | Source CRMLS | DOM: 29
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Home details

Lot Sq. Ft
5,945
HOA Dues
$0/mo
Year built
2018
Garage
--
Property Type:
Duplex
Status
Active
MLS#
AR24108768
City
Los Angeles
County
Los Angeles
Time on Site
29 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $6,493
  • Total Rent: $6,493
  • Pro Forma/Market Rent: $8,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $3,395
  • Total Rent: $3,395
  • Pro Forma/Market Rent: $4,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $121,456
  • Net Operating Income: $90,403
  • Gross Operating Income: --
  • Laundry Income: $2,000
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $31,053
  • Electric: $3,900
  • Licenses: $300
  • New Taxes: $21,600
  • Trash: $1,300
  • Cable TV: $0
  • Gardener: $200
  • Insurance: $1,100
  • Water/Sewer: $2,065

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Property Details for 1375 W 37Th Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Microwave, Range Hood, Tankless Water Heater, Water Heater
Interior Features
  • Furnished
  • Levels: One
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Concrete, Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5040011027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: 2+ Access Exits, Parking
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: West of Vermont, East of Normandie, North of Exposition blvd, South of Jefferson
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1375 W 37Th Dr

Last sold on May 29th, 2019

  • May, 2024

  • May 30, 2024

    Date

    Active

    CRMLS: AR24108768

    $1,799,000

    Price

  • May, 2019

  • May 29, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2017

  • Nov 20, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1375 W 37Th Dr

Assessed Value (2020): $702,053
Year Land Value Improved Value Assessed Value
2020 $347,263 $354,790 $702,053

Home Value Compared to the Market

This property vs the competition

1375 W 37Th Dr is listed 44.04% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $514.15 per/sqft which puts the price per square foot 33.91% lower than the median price per square foot for the city of Los Angeles.

About 1375 W 37Th Dr

Detailed summary of property

1375 W 37Th Dr is a duplex located in Los Angeles, CA 90007 and is currently for sale. This duplex offers 8 bedrooms, 5.75 bathrooms, roughly 3,499 living square feet, and sits on an approximately 5,945 square foot lot. 1375 W 37Th Dr was first listed on ArdentRealEstateGroup.com on May 31, 2024. The homeowner is currently asking $1,799,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 44.04% higher than the median priced home. Local competing homes currently for sale include 2634 Dalton Ave, 4351 S Western Ave and 602 W 40th Pl. While the average home in Los Angeles, CA is selling in 98 days, 1375 W 37Th Dr has a days on market of 29 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1375 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 1375 W 37Th Dr

Public county record property details
Beds
7
Baths
6
Year built
1920
Sq. Ft.
3,472
Lot Size
5,944
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26,27
APN
5040-011-027

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
$1,380,000
Median List Price/Sq.Ft.
$501
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$410
Total Inventory
13
Median Sale to List Price %
100%
Avg Days on Market
81
Loan Type
Conventional (100%), 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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