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1600 W 37th St, Los Angeles, CA 90018
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1600 W 37th St Los Angeles, CA 90018

$859,000 Sold Price as of 02/10/2021
  • 7 Beds
  • 4 Baths
  • 3,166 Sq.Ft.
Sold
$859,000 Sold Price as of 02/10/2021 Refinance Your Mortgage
Map preview of 1600 W 37th St, Los Angeles, CA 90018

Property Overview: 1600 W 37th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,166 living square feet and 6,746 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INVESTMENT OPPORTUNITY IN HOT EXPOSITION PARK! Live in one unit and collect rent on the other 3 units. This well maintained, Jefferson Park triplex is conveniently located minutes from USC, Banc of California Stadium and is within walking distance to the Metro Line. Take advantage of the TOC Tier 3 Density bonus! The buildings total 3,166 SqFt and sit on a large 6,746 SqFt, fully gated, R2-zoned lot. One unit will be delivered vacant. This opportunity is ideal for an investor or owner-occupant to acquire a steady investment in a strong rental market. Prime Location and so much potential. Don't let this one pass you by! Please do not disturb tenants or walk the property.

Listed by Lacy Register | BRE #01980850 | Nationwide Real Estate Executives
Co-listed by Karlyn Nelson | BRE #02051690 | Nationwide Real Estate Execs
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
6,746
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR20248746
City
Los Angeles
County
Los Angeles
Time on Site
1338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,203
  • Total Rent: $1,203
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,996
  • Net Operating Income: $45,482
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,514
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Gardener: $800
  • Insurance: $1,111
  • Maintenance: $2,000
  • Professional Management: $0
  • Water/Sewer: $2,400

Property Details for 1600 W 37th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5041026004
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Expostion, South of Jefferson, East of Western, West of Normandie
Neighborhood Information
  • Community Features: Park, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1600 W 37th St

Last sold for $859,000 on February 10th, 2021

  • February, 2021

  • Feb 10, 2021

    Date

    Sold

    CRMLS: SR20248746

    $859,000

    Price

  • Feb 3, 2021

    Date

    Pending

    CRMLS: SR20248746

    $849,000

    Price

  • Jan 3, 2021

    Date

    Active Under Contract

    CRMLS: SR20248746

    $849,000

    Price

  • Dec 5, 2020

    Date

    Active

    CRMLS: SR20248746

    $849,000

    Price

  • February, 2021

  • Feb 10, 2021

    Date

    Sold (Public Records)

    Public Records

    $859,000

    Price

  • October, 1998

  • Oct 14, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1600 W 37th St

Assessed Value (2020): $295,279
Year Land Value Improved Value Assessed Value
2020 $193,512 $101,767 $295,279

Home Value Compared to the Market

This property vs the competition

1600 W 37th St sold on February 10, 2021 for 24.2% lower 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 $268.16 per/sqft which puts the price per square foot 62.96% lower than the current median sale per square foot for the city of Los Angeles.

About 1600 W 37th St

Detailed summary of property

1600 W 37th St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,166 living square feet, and sits on an approximately 6,746 square foot lot. 1600 W 37th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $859,000. 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 24.2% lower than the current median priced home. Local homes that are currently for sale include 4112 Dalton Ave, 3406 2nd Ave and 1689 W 24th St. While the average home in Los Angeles, CA is selling in 106 days, 1600 W 37th St has a days on market of 27 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 1600 W 37th St 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 1600 W 37th St

Public county record property details
Beds
6
Baths
3
Year built
1910
Sq. Ft.
3,166
Lot Size
6,745
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5041-026-004

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
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

Thinking of Selling?

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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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