Great 5 unit investment in an excellent location just a block from USC , this 5 unit property consist of 2-3 bedrooms 2 baths and 3-2 bedrooms 1 bath, the property seats on a large lot 7,840 sqft zone LARD1.5-1 and it is in the TOC tier 3 also this property is exempted from the City of LA RSO (Rent Stabilization Ordinance) it falls under the State AB 1482 which allows for yearly rent increments of 5% plus CPI but not to exceed 10% which will give you a great opportunity to increase rents year over year, located on a cul-de sac street and in the USC's DPS patrol zone, walking distance to the USC campus and the university village, super well located in the hart of it all, the Natural History Museum, LA Memorial Coliseum, California Science Center, BMO Stadium, Swim Stadium, and the Lucas Museum to be open 2025, 3 blocks from the Metro station and public transit bus stops, must see to appreciate, create your perpetual generational income, for more information schedule an appointment.
Sold for $1,800,000
Listed by: First Class Real Estate • Juan Duarte • Contact: 323-533-9938
Bought with: CENTURY 21 REALTY MASTERS
$1,800,000
1179 W 37th St, Los Angeles, CA 90007
12beds
7baths
5,556sqft
Multi Family
Built in 1992
-- sqft lot
$1,570,000 Zestimate®
$324/sqft
$2,919 Estimated rent
Home value
$1,570,000
$1.40M - $1.79M
$2,919/mo
Zestimate® history
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List your homeWhat's special
Lucas museumCul-de sac streetUniversity villagePublic transit bus stopsLa memorial coliseumNatural history museum
Zillow last checked:
Listing updated:
Listed by:
Juan Duarte DRE #01029156 323-533-9938,
First Class Real Estate
Bought with:
DELIMIRO CEJA, DRE #02055809
CENTURY 21 REALTY MASTERS
Source: CRMLS,MLS#: DW23065265
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
Heating
- Wall Furnace
Appliances
- Laundry: Common Area, Gas Dryer Hookup, Laundry Room
Features
- Flooring: Laminate, Tile, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,556
- Total interior livable area: 5,556 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
Lot
- Size: 7,784 Square Feet
- Features: Level, Rectangular Lot
Details
- Parcel number: 5040030003
- Zoning: LARD1.5
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Combination, Raised, Slab
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Sewer Tap Paid
- Water: Public
Community & HOA
Community
- Features: Urban
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $324/sqft
- Date on market: 4/24/2023
- Cumulative days on market: 28 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 85968
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2023 | Sold | $1,800,000-10%$324/sqft |
Source:  CRMLS #DW23065265 Report a problem | ||
| 5/24/2023 | Pending sale | $2,000,000$360/sqft |
Source: CRMLS #DW23065265 Report a problem | ||
| 6/17/2019 | Listing removed | $2,400 |
Source: California Gardner Inc. Report a problem | ||
| 6/15/2019 | Listed for rent | $2,400 |
Source: California Gardner Inc. Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 4/10Lenicia B. Weemes Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Foshay Learning CenterGrades: K-12Distance: 0.8 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$1,570,000
Get a cash offer in 3 minutes
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Estimated market value
$1,570,000
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