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1268 37th Drive
Los Angeles, CA 90007
Sold
Attention, investors! This property is an incredible investment opportunity that you don't want to miss! Situated within the highly sought-after USC-DPS Patrol & Response zone, it is perfectly positioned for the development of new student housing. Its close proximity to the university and the growing demand for student housing make it an ideal choice. Plus, with a generous lot size of 7,520 square feet and LARD2 zoning, this property offers a fantastic chance to maximize your cash flow in a prime location. But that's not all! This property also has the advantage of having access from the back on Exposition Blvd, positioning it right across from the Metro Expo Line station. Additionally, it's just a short distance away from the iconic Exposition Park, home to renowned landmarks like the LA Coliseum, the new LAFC Stadium, and the upcoming George Lucas Museum of Narrative Art. What's more, Exposition Park is set to host numerous significant activities and events during the 2028 LA Olympics. To ensure a successful investment, we strongly recommend conducting thorough due diligence and verifying all information with the city. It's also advisable to research the local real estate market, university enrollment trends, and any relevant regulations related to student housing. If you're looking for an exceptional investment opportunity that offers a prime location, tremendous growth potential, and endless possibilities, search no further! This property is being sold as is and is a probate listing. Title shows as a duplex but it is a single house. Tax assessor rolls shows exemption as homeowner. Investors, seize this extraordinary opportunity.
PROPERTY INFORMATION
| MLS # | SW23185561 | Lot Size | 7,520 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,550,000
Price Per SqFt: $ 1,319 |
DOM | 577 Days |
| Address | 1268 37th Drive | Type | Residential |
| City | Los Angeles | Sq.Ft. | 1,175 Sq. Ft. |
| Postal Code | 90007 | Garage | N/A |
| County | Los Angeles | Year Built | 1906 |
| Bed / Bath | 2 / 2 | Parking | N/A |
| Built In | 1906 | Status | Closed |
| Sold Date | 2024-02-07 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | See Remarks |
| Has Fireplace | No |
| Fireplace Information | None |
| Room Information | All Bedrooms Down |
| Has Cooling | Yes |
| Cooling Information | See Remarks |
| EntryLocation | Front and Rear Access to property |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Roof | Composition |
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 67 (Somewhat Walkable)
Transit Score: 68 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,653
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 02/07/2024 | Sold | $1,200,000 |
| 12/27/2023 | Pending | $1,550,000 |
| 12/26/2023 | Active | $1,550,000 |
| 12/01/2023 | Relisted | $1,700,000 |
| 10/24/2023 | Active Under Contract | $1,700,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Jessica Fyfe, Fathom Realty Group Inc.. 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.
