See Home Value
$855,000 - $1,045,000
House - Off Market

1574 W 37th St

Los Angeles, CA 90018
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Sqft
Sold Feb 26, 2024
$910,000

About This Property

We are pleased to present the opportunity to acquire this 6,188 SF lot Student Housing Development opportunity located at 1574 W. 37th Street, a couple of blocks away from the University of Southern California (USC). The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU's. There is a single family residence currently on the lot, which will be delivered 100% vacant. In addition, the seller has taken the homeowners exemption for the last 5 years on their property tax bill which will be provided upon acceptance of offer. The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment.

The manager has listed the unit size as 864 square feet.
Unit Size
864Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$1,100
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Apr 21, 2024 No longer available -
No longer available
Jan 3, 2024 Listed $950,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,180
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 410
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ODELL TRACT
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ODELL TRACT LOT/SEC 20

Ownership

  • Current Owner : MW DEVELOPMENT 1574 LLC
  • Previous Owner : WILDER DORIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 222500

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-E6
  • Parcel: 5041-026-021
  • Lot: 20
  • Municipality: WEST /JEFFERSON PARK
  • Latitude: 34.0208
  • Longitude: -118.305

    Address

  • Full Address: 1574 W 37th St
  • Address - House Number: 1574
  • Street Direction: W
  • Address - Street Name: 37th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 4521
  • Zip Code: 90018

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,556
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 951,363
  • High Value: 1,160,435
  • Low Value: 742,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,711
  • Assessed Land Value: $141,985
  • Assessed Improvements Value: $66,726

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Feb 26, 2024
  • Current Sale Transaction ID: 11921360231
  • Current Sale Price: $910,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 122498



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
832 ft²
$960/ft²
$799,000 Jul 6, 2023
-
-
House
3 Beds
2 Baths
1,430 ft²
$692/ft²
$989,990 Dec 15, 2023
-
-
House
3 Beds
1 Bath
1,339 ft²
$728/ft²
$975,000 Aug 10, 2023
-
-
House
5 Beds
5 Baths
1,384 ft²
$668/ft²
$925,000 Oct 3, 2023
-
-
Multifamily
4 Beds
2 Baths
1,457 ft²
$652/ft²
$950,000 Apr 24, 2023
-
-
Multifamily
6 Beds
3.5 Baths
1,616 ft²
$507/ft²
$819,000 Oct 5, 2023
-
-
House
5 Beds
2.5 Baths
2,218 ft²
$446/ft²
$989,000 Sep 8, 2023
-
-
House
5 Beds
4 Baths
2,261 ft²
$398/ft²
$899,000 Sep 28, 2023
-
-
Other
Loft
-
1,840 ft²
$584/ft²
$1,075,000 Dec 1, 2023
-
-
Multifamily
7 Beds
3 Baths
2,400 ft²
$394/ft²
$945,000 Nov 10, 2023
-
-
Commercial
Loft
-
2,675 ft²
$373/ft²
$999,000 May 12, 2021
-
-
Other
Loft
-
3,821 ft²
$262/ft²
$1,000,000 Jul 11, 2023
-
-

About South LA


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Frequently Asked Questions

When was property at 1574 West 37th Street built and last sold?
The property at 1574 West 37th Street was built in 1915 and last sold on Jan 5, 2024 for $910,000.
How much is this home worth?
The estimated value of the home located at 1574 West 37th Street is $937,009.
What are some comparable homes to 1574 West 37th Street?
Homes that are comparable to 1574 West 37th Street include a house property at 2024 West 30th Street, 1460 West 37th Drive, 1286 West 39th Place.

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