1726 W 37Th Pl, Los Angeles, CA 90018
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1726 W 37Th Pl Los Angeles, CA 90018

$810,000 Sold Price as of 03/15/2022
  • 7 Beds
  • 7 Baths
  • 1,048 Sq.Ft.
Sold
$810,000 Sold Price as of 03/15/2022 Refinance Your Mortgage

Map preview of 1726 W 37Th Pl, Los Angeles, CA 90018

Property Overview: 1726 W 37Th Pl Los Angeles, CA has 7 bedrooms, 7 bathrooms, 1,048 living square feet and 3,959 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment income property with a good CAP rate. There are 3 units, 2 beds/2 baths, 1 bed/1 bath and 1 bed+ Office/1.5 baths. Excellent location. Located minutes form 10 fwy, several blocks from Starbucks, about one mile from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum. This property is walking distance to the Metro station bound for Santa Monica or LA Downtown. The new Crenshaw transit line that goes to the LA airport will be close by. Completed remodeling 2 years ago with new floors, new kitchens, new plumbing, new electrical, new appliances, new paint and new washer & dryer at separate laundry room. On the title, it is 1,048 sf, but in reality it is about 1,774 sf. 3rd unit (1 bed+ Office /1.5baths) is owner occupied and will be vacant on closing of Escrow. Tenants are paying their rent well, even during the pandemic.

Listed by Kate Ahn | BRE #01875817 | Dream Realty Asset Mgt, Inc.
Co-listed by Kyu Cha | BRE #02042608 | Dream Realty Asset Mgt, Inc.
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 145

Home details

Lot Sq. Ft
3,959
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21767634
City
Los Angeles
County
Los Angeles
Time on Site
1020 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.29
  • Gross Scheduled Income: --
  • Net Operating Income: $57,580
  • Gross Operating Income: $72,600
  • Laundry Income: $1,800
  • Other Income 1: $70,800
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $3,000
  • New Taxes: $6,540
  • Insurance: $1,400
  • Maintenance: $600
  • Water/Sewer: $3,000

Property Details for 1726 W 37Th Pl

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range, Range Hood, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5041035017
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: One block to the west from Western Ave, between Exposition Blvd and Jefferson Blvd
View more facts & features

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Sale History for 1726 W 37Th Pl

Last sold for $810,000 on March 15th, 2022
  • August, 2021

  • Aug 26, 2021

    Date

    Price Change

    CRMLS: 21767634

    $799,000

    Price

  • Aug 11, 2021

    Date

    Active

    CRMLS: 21767634

    $850,000

    Price

  • Aug 10, 2021

    Date

    Hold

    CRMLS: 21767634

    $850,000

    Price

  • Aug 3, 2021

    Date

    Active

    CRMLS: 21767634

    $850,000

    Price

  • August, 2020

  • Aug 3, 2020

    Date

    Canceled

    CRMLS: 20591286

    $750,000

    Price

  • Jun 22, 2020

    Date

    Active

    CRMLS: 20591286

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment income property. 1 bedroom/1.5 baths, 1 bedroom/1 bath, and 2 bedrooms/2 baths.Excellentlocation.Located minutes form 10 fwy, several blocks from Starbucks, about one mile from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum.This property is walking distance to the Metro station bound for Santa Monica or LA Downtown.The new Crenshawtransit line that goes to the LA airport will be close by.Completed remodeling recently. New floors, new kitchen, new plumbing, newelectrical, new appliances, new paint andnew washer & dryer atseparatelaundry room.

  • April, 2020

  • Apr 12, 2020

    Date

    Leased

    CRMLS: 20565500

    $2,600

    Price

  • Apr 2, 2020

    Date

    Price Change

    CRMLS: 20565500

    $2,500

    Price

  • Mar 19, 2020

    Date

    Active

    CRMLS: 20565500

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    This lease is one of the Triplex and consist of 2 bedrooms and 2 bathrooms. Completely remodeled. New floors, new kitchen, new plumbing, new electrical, new appliances, new paint and in house laundry room with new washer & dryer. Located minutes from the 10 fwy, several blocks from the Starbucks, 1 miles from USC and a few minutes from the redeveloped Coliseum and new $1 billion George Lucas museum. Include WiFi, water, gas and electricity. Metro station bound for Santa Monica or LA Down Town is walking distance.

  • August, 2019

  • Aug 17, 2019

    Date

    Sold

    CRMLS: P0-819003019

    $527,500

    Price

  • Aug 3, 2019

    Date

    Pending

    CRMLS: P0-819003019

    $498,000

    Price

  • Jul 13, 2019

    Date

    Active Under Contract

    CRMLS: P0-819003019

    $498,000

    Price

  • Jul 2, 2019

    Date

    Active

    CRMLS: P0-819003019

    $498,000

    Price

  • Listing provided courtesy of CRMLS

    Location, location, location! Come visit this great investment opportunity located centrally in the sought after area of Exposition Park. This beautiful property was purchased by the current owner as a single family residence with 4 bedrooms and 4 baths with a converted garage. However, it is zoned LAR2 which allows 2 residential units. Updates to this property include: new roof, plumbing, new flooring, renovated bathroom, recent new water heater, new insulation throughout the home and a renovated garage with kitchen/ bathroom. This beautiful property is only minutes away from the Expo line. It's very accessible to the greater Los Angeles including: Culver City, Santa Monica, Downtown LA and many of the up and coming neighborhoods off the Expo metro line. Walking score: 80 Biking Score: 75. Public transportation is very accessible, short distance to the bus stop and the Metro Expo Line.Buyers are advised to independently verify the accuracy of all information.

  • August, 2019

  • Aug 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $527,500

    Price

  • December, 2016

  • Dec 8, 2016

    Date

    Sold (Public Records)

    Public Records

    $420,000

    Price

Show More

Tax History for 1726 W 37Th Pl

Assessed Value (2020): $527,500
Year Land Value Improved Value Assessed Value
2020 $377,500 $150,000 $527,500

Home Value Compared to the Market

This property vs the competition

1726 W 37Th Pl sold on March 15, 2022 for 29.41% lower 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 $801.53 per/sqft which puts the price per square foot 6.16% higher than the current median sale per square foot for the city of Los Angeles.

About 1726 W 37Th Pl

Detailed summary of property

1726 W 37Th Pl is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 7 bedrooms, 7 bathrooms, roughly 1,048 living square feet, and sits on an approximately 3,959 square foot lot. 1726 W 37Th Pl was first listed on ArdentRealEstateGroup.com on August 3, 2021. The homeowner sold the property for $810,000. 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 29.41% lower than the current median priced home. Local homes that are currently for sale include 3023 Obama Blvd, 1543 W 22nd Pl and 3428 S Bronson Ave. While the average home in Los Angeles, CA is selling in 92 days, 1726 W 37Th Pl has a days on market of 145 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1726 W 37Th Pl 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 1726 W 37Th Pl

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,048
Lot Size
3,958
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
126
APN
5041-035-017

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
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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.