1275 West 37th Drive

Los Angeles, CA 90007

$1,500,000
Price
5
Beds
3
Baths
1,786 Sq. Ft.
$840 / Sq. Ft.
1,786
Sq. Ft.
$840
per Sq. Ft.

Description

Attention all investors. Here's an incredible opportunity you won't want to miss. This property is a prime candidate for student housing, conveniently situated just a short stroll from the University of Southern California (USC). What's more, it falls within the USC patrol zone, making it an even more attractive prospect. The potential for this property is boundless, making it a highly sought-after investment.Attention all investors. Here's an incredible opportunity you won't want to miss. This property is a prime candidate for student housing, conveniently situated just a short stroll from the University of Southern California (USC). What's more, it falls within the USC patrol zone, making it an even more attractive prospect. The potential for this property is boundless, making it a highly sought-after investment.
  1. Listed by DELIMIRO CEJA • DRE #02055809 • Brokerage DRE #01525011 • CENTURY 21 REALTY MASTERS • 562-305-7949

Property Details for 1275 West 37th Drive

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1786
Assessor Parcel Number
5040-014-032
Property Attached YN
false

Location

Listing Courtesy of CENTURY 21 REALTY MASTERS, DELIMIRO CEJA, DRE #02055809
Add your commute
LISTING UPDATED: 04/13/2024 05:44 AM

Property Details for 1275 West 37th Drive

StatusActive
MLS #MB23198085
Days on Market191
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.15 AC / 6,602 SF
CountyLos Angeles County

Location

Listing Courtesy of CENTURY 21 REALTY MASTERS, DELIMIRO CEJA, DRE #02055809
Add your commute

Building Information for 1275 West 37th Drive

Stories1Residences-Year Built1909Building Size-Lot Size0.15 AC / 6,602 SF

Payment Calculator

$8,463 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$277

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1275 West 37th Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $11,448
  • Gross Scheduled Income: $11,448
  • Net Operating Income: $4,488
Expense Details
  • Operating Expense: $6,960
  • Electric Expense: $1,680
  • Insurance Expense: $1,200
  • Trash Expense: $0
  • Water Sewer Expense: $5,280
  • Total Expenses: $6,960
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 0
  • Tax Census Tract: 2226.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 33
Community / Development
Community / Development
  • Community Features: Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Outside
Exterior Features
  • Construction Materials: Cellulose Insulation
  • Entry Location: Main
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Lot 6500-9999
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $954
  • Unit Type Total Rent: $954
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1275 West 37th Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1275 West 37th Drive

Taxable ValueLand$195,672Additions$50,078Total$245,750
Tax Record2023$3,321 ($277 / month)
Home Facts
Total Finished SqFt1,786 SqFtAbove Grade Finished SqFt1,786 SqFtLot Size6,600 SqFtStyleDuplexYear Built1909ZoningLARD2CountyLOS ANGELESAPN5040-014-032

Schools near 1275 West 37th Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Lenicia B. Weemes Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1275 West 37th Drive is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on October 24, 2023 by CENTURY 21 REALTY MASTERS, it's currently listed at $1,500,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lenicia B. Weemes Elementary School, Foshay Learning Center and Manual Arts Senior High School. 1275 West 37th Drive is a 5-bed, 3-bath, 1,786 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 REALTY MASTERS, DELIMIRO CEJA, DRE #02055809

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.