Please stand by!
USDAProperties.com is verifying property eligibility...

 

 

 

$1,699,000   Price Analysis
Agent Details  share icon     map icon  QR
1375 W 37th Dr
Los Angeles, CA 90007
8 bed 6 bath 3,499 SqFt ($485/SqFt)
5,945SqFt lot. Built 2018
Listed 2024-05-31, Taxes $8,875
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Great cash flow in USC student housing investment.

1373 and 1375 W. 37th Drive. Duplex homes is within the boundaries of the DPS patrol, walking distance to USC. Stores, Market and metro station. The first unit is charming cra ftsman style features 3 Bedrooms and 2 baths, 1123 sq.

ft built 1920 with updated Kitchen and bathrooms, laminate flooring. Second unit house was built 2018 total 2376 sq ft, fatures 4 bedrooms and 4 baths. Each unit has separate electric and gas meters. 4 parking spaces.


Presented by CHANG JENNIFER at
Irn Realty.


Property MLS #AR24108768 from CRMLS

Bedrooms: 8

Furnished

Appliances: Dishwasher, Free-Standing Range, Microwave, Range Hood, Tankless Water Heater, Water Heater
Appliances YN: Yes
Laundry Features: Gas & Electric Dryer Hookup, Outside

Kitchen

Cooling Features: Central Air, Wall/Window Unit(s)
Heating Features: Central
Heating: Yes

Full Bathrooms: 6

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1364784
Lot Size Source: Assessor
Lot Size Square Feet: 5945

Parking Features: Parking YN: Yes, Parking Features: Driveway, Concrete, Uncovered
Parking Total: 4

Number of Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 4

Gardener Expense: 200.00

Tenant Pays: All Utilities
Rent Control: Yes

Community Features: Street Lights

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.00
Source Property Type: Residential Income
Insurance Expense: 1100.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
New Taxes Expense: 21600.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5040011027
Pest Control Expense: 468.00
Postal Code Plus 4: 4216
Trash Expense: 1300.00
Zoning: LARD2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$365,634 + $357,877
$723,511
$8,875
2021$358,465 + $350,860
$709,325
$8,749
2020$354,790 + $347,263
$702,053
$8,834
2019$347,834 + $340,454
$688,288
$8,491
2018$341,014 + $333,779
$674,793
$8,408
2017$81,808 + $327,235
$409,043
$5,211
2016$80,204 + $320,819
$401,023
$4,955
2015$85,500 + $200,000
$285,500
$3,578
2014$16,698 + $24,391
$41,089
$604
2013$16,623 + $24,281
$40,904
$598
2012$16,298 + $23,805
$40,103
$603
2010$15,979 + $23,339
$39,318
$602
2009$15,898 + $23,221
$39,119
$578
2009$15,860 + $23,165
$39,025
$578
2008$15,587 + $22,766
$38,353
$559
2007$15,282 + $22,320
$37,602
$539

Price Changed 2024-07-22
$1,699,000
CRMLS
Listed 2024-05-31
$1,799,000
CRMLS
Listing removed 2015-05-08
$405,000
CRMLS
Sold 2015-05-07
$395,000
Public Record
Price Changed 2015-01-31
$405,000
CRMLS
Listing removed 2015-01-14
$430,000
CRMLS
Listed 2015-01-13
$420,000
CRMLS
Price Changed 2014-12-23
$430,000
CRMLS
Price Changed 2014-12-13
$499,000
CRMLS
Price Changed 2014-12-10
$430,000
CRMLS
Listed 2014-11-20
$445,000
CRMLS
Sold 1976-12-29
$22,500
Public Record
Sold 1976-07-01
$22,500
Public Record

Net Operating Income: 90403.00

Total Square Feet Living: 3499
Year Built: 2018
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 6
Property Condition: Updated/Remodeled
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Electric: Electricity - On Property
Electric Expense: 3900.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2065.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

2+ Access Exits
Parking

Lenicia B. Weemes Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Foshay Learning Center is a public elementary, middle and high school located approximately 0.4 miles away.
directions icon Map directions

Dorothy Brown School is a private middle and high school located approximately 0.3 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewhouse_viewunknown
unknownkitchenbedroomlaundry_roomunknown
bedroombathroombedroombathroom

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.