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$1595000   Price Analysis
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1149 W 37th Dr
Los Angeles, CA 90007
5 bed 2 bath 2020 SqFt ($789/SqFt)
6953SqFt lot. Built 1913
Listed 2024-07-08, Taxes $823
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We are pleased to present the opportunity to acquire this rare 6

951 SF lot Student Housing development opportunity located in the highly desirable DPS Patrol Zone and less than one block to the University of Southern California (USC). The site offers a zoning ordinance of LARD-2, which allows fr the construction of 3 u nits by right. With a Tier 4 TOC (80% density bonus), this allows for the development of an additional 2 units, totaling a potential 5 buildable units.

There is a 5-bedroom + 2-bathroom single-family residence currently on the lot, which will be delivered 100% vacant. The property's prime rare location, within blocks to campus and University Village, provides convenient access to USC's landmarks, academic buildings and entertainment options, making it an exceptional development opportunity.


Presented by Davis Saadian at
Carolwood Estates.
Listing Agent Photo

Property MLS #24-411855 from TheMLSCLAW

Bedrooms: 5

Total Bathrooms: 2
Full Bathrooms: 2

Den, Entry, Breakfast Area, Living Room, Dining Room, Office, Family Room
Family Room Description: 1

Laundry Facilities: Inside
Laundry Features: Inside

Furnished Description: Unfurnished
Flooring: Hardwood

Dining Room Description: 1

Lot Size Acres: 0.1596189
Lot Size Dimensions: 50x105
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6953

Parking Total: 3

View: City
Other Equipment: Range/Oven, Dryer, Washer, Refrigerator

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Directions: 1149 W. 37th Drive, LA 90007
Source Property Type: Residential
Area: Los Angeles Southwest
Source Neighborhood: Los Angeles Southwest
Parcel Number: 5040-032-014
Postal Code Plus 4: 4206
Zoning: LARD2
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$281316 + $846600
$1127916
$823
2021$13102 + $28055
$41157
$799
2020$12968 + $27768
$40736
$801
2019$12714 + $27224
$39938
$782
2018$12465 + $26691
$39156
$727
2017$12221 + $26168
$38389
$717
2016$11982 + $25655
$37637
$677
2015$11803 + $25270
$37073
$671
2014$11572 + $24775
$36347
$686
2013$11520 + $24664
$36184
$680
2012$11295 + $24181
$35476
$688
2010$11074 + $23707
$34781
$695
2009$11019 + $23586
$34605
$667
2009$10992 + $23530
$34522
$667
2008$10803 + $23124
$33927
$648
2007$10592 + $22671
$33263
$622

Listed 2024-07-08
$1595000
TheMLSCLAW

Total Square Feet Living: 2020
Year Built: 1913
Common Walls: Attached
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 111
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Attached
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman

Lenicia B. Weemes Elementary School is a public elementary school located approximately 0.3 miles away.
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Manual Arts Senior High School is a public high school located approximately 0.7 miles away.
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Foshay Learning Center is a public elementary, middle and high school located approximately 0.8 miles away.
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Dorothy Brown School is a private middle and high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.