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1679 W 37Th St, Los Angeles, CA 90018
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1679 W 37Th St Los Angeles, CA 90018

$975,000 Sold Price as of 02/04/2022
  • 16 Beds
  • 15 Baths
  • 2,981 Sq.Ft.
Sold
$975,000 Sold Price as of 02/04/2022 Refinance Your Mortgage
Map preview of 1679 W 37Th St, Los Angeles, CA 90018

Property Overview: 1679 W 37Th St Los Angeles, CA has 16 bedrooms, 15 bathrooms, 2,981 living square feet and 6,806 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well Maintained 5 Unit building consisting of a 2 bed house in front and 4 ( 1 bed /1 bath ) units in rear. All Units are legal and the 4 units have been upgraded with new floors and other features. Close to USC, 2 blocks to Light Rail ( Expo Line ) , and 10 easy access to 10 freeway. This area has enjoyed a renaissance recently and is highly desireable. There is a HUGE upside in Rents as there have been no increases done within a few years. 10 x gross once market rents are achieved !

Listed by Martin Watkins | BRE #01249364 | Watkins Realty & Investments
Last checked: 13 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
6,806
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21776600
City
Los Angeles
County
Los Angeles
Time on Site
1121 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $988
  • Total Rent: $988
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,071
  • Total Rent: $1,071
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $817
  • Total Rent: $817
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $400
  • Total Rent: $400
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.5
  • Gross Scheduled Income: --
  • Net Operating Income: $34,708
  • Gross Operating Income: $54,708
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1679 W 37Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 5041022011
Location / Neighborhood
Location Information
  • Directions: 1 mile South of 10 freeway and 1/2 block east of Western Ave and 2 blocks North of Exposition
View more facts & features

Local Los Angeles Agent

Sale History for 1679 W 37Th St

Last sold for $975,000 on February 4th, 2022

  • August, 2021

  • Aug 25, 2021

    Date

    Active

    CRMLS: 21776600

    $1,100,000

    Price

  • July, 2019

  • Jul 19, 2019

    Date

    Canceled

    CRMLS: 19432894

    $850,000

    Price

  • Jul 17, 2019

    Date

    Price Change

    CRMLS: 19432894

    $850,000

    Price

  • Apr 23, 2019

    Date

    Price Change

    CRMLS: 19432894

    $899,000

    Price

  • Feb 9, 2019

    Date

    Active

    CRMLS: 19432894

    $989,000

    Price

  • Listing provided courtesy of CRMLS

    Motivated Seller ! Price Reduction ! First time on the market, 5 units in Jefferson Park / Expo Park area . This area is highly desireable and literally 1 block to light rail ( Expo Line) and and less than 5 minutes to USC/ Coliseum as well as a very short drive to Downtown LA. The mix consist of a spacious 2 bedroom house and (4) 1 bed 1 bath apartments in the rear. Each rear unit has been remodeled and upgraded, new copper plumbing and new Sewer line have also been added . Don't miss a chance to own a great property with huge upside !

  • July, 2013

  • Jul 23, 2013

    Date

    Sold (Public Records)

    Public Records

    $350,003

    Price

  • November, 1999

  • Nov 1, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1679 W 37Th St

Assessed Value (2020): $392,309
Year Land Value Improved Value Assessed Value
2020 $336,267 $56,042 $392,309

Home Value Compared to the Market

This property vs the competition

1679 W 37Th St sold on February 4, 2022 for 10.8% 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 $335.12 per/sqft which puts the price per square foot 53.71% lower than the current median sale per square foot for the city of Los Angeles.

About 1679 W 37Th St

Detailed summary of property

1679 W 37Th St is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 16 bedrooms, 15 bathrooms, roughly 2,981 living square feet, and sits on an approximately 6,806 square foot lot. 1679 W 37Th St was first listed on ArdentRealEstateGroup.com on August 25, 2021. The homeowner sold the property for $975,000. 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 10.8% lower than the current median priced home. Local homes that are currently for sale include 2721 Raymond Ave, 3968 Arlington Ave and 4056 S Normandie Ave. While the average home in Los Angeles, CA is selling in 106 days, 1679 W 37Th St has a days on market of 108 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 1679 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 1679 W 37Th St

Public county record property details
Beds
6
Baths
5
Year built
1909
Sq. Ft.
2,376
Lot Size
6,806
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5041-022-011

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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(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.

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