1179 37th Street
Los Angeles, CA 90007
Sold
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.
PROPERTY INFORMATION
MLS # | DW23065265 | Lot Size | 7,784 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Apartment |
Price | $ 2,000,000
Price Per SqFt: $ 360 |
DOM | 741 Days |
Address | 1179 37th Street | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 5,556 Sq. Ft. |
Postal Code | 90007 | Garage | 8 |
County | Los Angeles | Year Built | 1992 |
Bed / Bath | 12 / 0 | Parking | 8 |
Built In | 1992 | Status | Closed |
Sold Date | 2023-07-26 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Community, Gas Dryer Hookup, Individual Room |
Has Fireplace | No |
Fireplace Information | None |
Has Heating | Yes |
Heating Information | Wall Furnace |
Flooring Information | Laminate, Tile, Vinyl |
EntryLocation | front |
Entry Level | 1 |
SecuritySafety | Carbon Monoxide Detector(s), Smoke Detector(s) |
EXTERIOR FEATURES
FoundationDetails | Combination, Raised, Slab |
Has Pool | No |
Pool | None |
WALKSCORE


MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,133
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
07/26/2023 | Sold | $1,800,000 |
05/24/2023 | Pending | $2,000,000 |
05/24/2023 | Active Under Contract | $2,000,000 |
05/24/2023 | Relisted | $2,000,000 |
04/24/2023 | Listed | $2,000,000 |

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Listing provided courtesy of Juan Duarte, First Class Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.