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Sold for $1,800,000 on 07/26/23
  • Listing Provided by: 

    Juan Duarte DRE #01029156 323-533-9938,

    First Class Real Estate

    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
    $1,830,300 Zestimate®
    $324/sqft
    $3,374 Estimated rent

    Owner options

    List your home for rent

    $3,374/mo

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    $3,374/mo

    Rent Zestimate®

    Refinance and save

    $11,294/mo

    Est. payment

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    $11,294/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: July 26, 2023 at 10:13pm

    Listing Provided 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#: DW23065265MLS LogoOriginating MLS: California Regional MLS

    Facts & 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 sqft
    • 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 & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Urban
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 85968

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
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    Estimated market value
    $1,830,300