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$900,000   Price Analysis
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321 W Avenue 37
Los Angeles, CA 90065
6 bed 3 bath 2,814 SqFt ($319/SqFt)
5,558SqFt lot. Built 1902
Listed 2024-02-12, Taxes $1,097
Ⓧ Possibly USDA Ineligible
due to property condition

near Los Angeles

Attention savvy investors!!!

An unparalleled opportunity awaits you in the heart of a highly sought-after neighborhood. This triplex property not promises captivating hillside views but also boasts a prime location nestled near a vibrant hub of resturants, offices and businesses. With three distinct units, one of them ready for renovation and the other two occupied by tenants, this investment is brimming with potential. Unit one offers an expansive layout, featuring three bedrooms and one bathroom, making it perfect for living. The second and third units, each consisting of one bedroom and one bathroom, provide cozy living spaces that take full advantage of the property's picturesque surroundings. While the property may require significant work, its foundational structure presents an exciting opportunity for transformation, ultimately resulting in a six-bedroom, three-bathroom masterpiece. The true treasure here is the location. Set in a tranquil oasis, you'll be surrounded by the natural beauty of rolling hills and majestic mountains, all while enjoying the convenience of urban amenities a stone's throw away. The potential for this fixer-upper is as boundless as the stunning vistas it offers, making it the perfect canvas for an investor with a keen eye for possibilities. Don't miss out on the chance to turn this diamond in the rough into a shining gem of an investment. Seize this opportunity today!

This sale is subject to court approval.


Presented by Kristina Schatzel at
eXp Realty of California Inc.


Property MLS #DW24024870 from CRMLS

Bedrooms: 6
Bedrooms On Main Level: 4

Total Bathrooms: 3
Full Bathrooms: 3
Bathrooms On Main Level: 2

Attic, Family Room, Laundry, Living Room

Laundry Features: Inside

Lot Description: 0-1 Unit/Acre, Rectangular Lot, Walkstreet
Lot Size Acres: 0.1275941
Lot Size Source: Assessor
Lot Size Square Feet: 5558

View: Hills

Number of Units: 3

School District: Los Angeles Unified

Loreto Street Elementary School is a public elementary school located approximately 0.4 miles away.
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Florence Nightingale Middle School is a public middle school located approximately 0.5 miles away.
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Benjamin Franklin Senior High School is a public middle and high school located approximately 1.9 miles away.
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Sycamore Grove School is a private elementary and middle school located approximately 1 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Directions: Exit 137B for CA-110/Pasadena Fwy, Take N Figueroa St to W Avenue 37 , Turn left onto W Ave 26 Turn right onto N Figueroa St Turn left onto W Avenue 37
Source Property Type: Residential
Area: 632 - Highland Park
Property Subtype: townhouse
Source Neighborhood: 632 - Highland Park
Parcel Number: 5451011005
Postal Code Plus 4: 2501
Zoning: LARD2
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$38,532 + $26,701
$65,233
$1,097
2020$38,137 + $26,428
$64,565
$1,100
2019$37,390 + $25,910
$63,300
$1,069
2018$36,657 + $25,402
$62,059
$1,034
2017$22,998 + $24,904
$47,902
$856
2016$22,548 + $24,416
$46,964
$803
2015$22,210 + $24,050
$46,260
$795
2014$21,775 + $23,579
$45,354
$819
2013$21,677 + $23,473
$45,150
$819
2012$21,252 + $23,013
$44,265
$830
2010$20,836 + $22,562
$43,398
$831
2009$20,731 + $22,448
$43,179
$803
2009$20,681 + $22,394
$43,075
$803
2008$20,325 + $22,008
$42,333
$781
2007$19,927 + $21,577
$41,504
$744

Price Changed 2024-05-09
$900,000
CRMLS
Listed 2024-02-12
$1,069,000
CRMLS

Total Square Feet Living: 2814
Year Built: 1902
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Living Area Source: Assessor
Property Age: 122
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Appraiser

Sewer: Public Sewer
Water Source: Public
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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.