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1457 W 37Th Dr, Los Angeles, CA 90018
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1457 W 37Th Dr Los Angeles, CA 90018

$649,999
  • 3 Beds
  • 3 Baths
  • 2,613 Sq.Ft.
Pending
$649,999 Get Pre-Qualified
Map preview of 1457 W 37Th Dr, Los Angeles, CA 90018

Property Overview: 1457 W 37Th Dr Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,613 living square feet and 6,697 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 value add opportunity. First time ever on market. Only blocks from the Exhibition Metro line and adjacent to USC. The duplex has 1bed/1bath each plus a one bedroom/one bath house.. Also, a detached single car garage. Long time tenants are currently remaining, The owner willing to work with prospective buyer to help relocate.

Listed by Olivia Patterson | BRE #01790668 | Homegrown Wealth Real Estate
Last checked: 2 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 31
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Home details

Lot Sq. Ft
6,697
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
24371027
City
Los Angeles
County
Los Angeles
Time on Site
37 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $1,642
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $320
  • Total Rent: $320
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 29
  • Gross Scheduled Income: --
  • Net Operating Income: $20,544
  • Gross Operating Income: $23,544
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1457 W 37Th Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5041029022
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just north of Exposition, between Normandie and Western.
View more facts & features

Local Los Angeles Agent

Sale History for 1457 W 37Th Dr

View property's historical transactions

  • April, 2024

  • Apr 16, 2024

    Date

    Pending

    CRMLS: 24371027

    $649,999

    Price

  • Mar 16, 2024

    Date

    Active

    CRMLS: 24371027

    $649,999

    Price

Tax History for 1457 W 37Th Dr

Assessed Value (2020): $364,172
Year Land Value Improved Value Assessed Value
2020 $264,856 $99,316 $364,172

Home Value Compared to the Market

This property vs the competition

1457 W 37Th Dr is listed 47.96% lower 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 $772 and this home is listed at $248.76 per/sqft which puts the price per square foot 67.78% lower than the median price per square foot for the city of Los Angeles.

About 1457 W 37Th Dr

Detailed summary of property

1457 W 37Th Dr is a multi family located in Los Angeles, CA 90018 and is currently in escrow to be sold. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 2,613 living square feet, and sits on an approximately 6,697 square foot lot. 1457 W 37Th Dr was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $649,999. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 47.96% lower than the median priced home. Local competing homes currently for sale include 1507 W 51St St, 1507 W 51St St and 5166 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 97 days, 1457 W 37Th Dr has a days on market of 31 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1457 W 37Th Dr Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1457 W 37Th Dr

Public county record property details
Beds
3
Baths
3
Year built
1924
Sq. Ft.
2,613
Lot Size
6,697
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5041-029-022

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$935,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$915,000
Median Sold Price/Sq.Ft.
$675
Total Inventory
51
Median Sale to List Price %
96.33%
Avg Days on Market
39
Loan Type
Conventional (12.5%), FHA (0%), VA (12.5%), Cash (25%), 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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