• Asking Price $1,100,000
  • Estimated Value: $1,108,209

  • 1629 W 37TH ST LOS ANGELES, CA 90018

  • 4 Beds 4 Baths 2,176 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 1629 W 37TH ST, LOS ANGELES, CA 90018

Features

  • Price/sqft: $505
  • Lot Size: 6807 sq. ft.
  • Total Units: 4
  • Total Rooms: 8
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • Heating: 6
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1923
  • Property ID: 894620037
  • MLS Number: SB24129619
  • Parcel Number: 5041-022-023
  • Property Type: Multi-family (5 or more units)
  • County: LOS ANGELES
  • Legal Description: STRONG AND DICKINSONS SOUTH WEST TRACT LOT/SEC 10
  • Zoning: LAR2
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Opportunity knocks! First time on the market in 45 years, this exceptional 4-unit property is situated on a 6,800+ sqft lot near University of Southern California (USC). This prime location offers immense potential for student housing development or investors seeking passive income opportunities. The unit mix consists of (4) 1 bedroom/1 bathroom and (4) single car garage 1 for each unit. The property has three separate freestanding buildings, with two of the units having no shared walls, enhancing privacy for the units. Conveniently located in close proximity to schools, parks, and freeways, this property is nestled within a vibrant neighborhood close to it all: a short distance to USC, DTLA, Kenneth Hahn State Park, popular local favorite restaurants, and the upcoming Crenshaw Plaza redevelopment slated to begin in 2026. Take advantage of even greater potential by acquiring the adjacent single-family home also for sale (1637 W 37th St; CRMLS#SB24127039; APN 5041-022-024) together with this quadruplex. Dont miss out on these wonderful investment opportunities!

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Property Brokerage: RE/MAX Estate Properties 23740 Hawthorne Blvd 2nd Floor Torrance CA 90505
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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