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1268 W 37th Drive, Los Angeles, CA 90007
$1,200,000
1268 W 37th Drive, Los Angeles, CA 90007View this property at 1268 W 37th Drive, Los Angeles, CA 90007
1268 W 37th DriveLos AngelesCA90007
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Property Description
Attention, investors!
This property is an incredible investment opportunity that you don't want to miss! Situated within the highly sought-after USC-DPS Patrol & Response zone, it is perfectly positioned for the development of new student housing. Its close proximity to the university and the growing demand for student housing make it an ideal choice. Plus, with a generous lot size of 7,520 square feet and LARD2 zoning, this property offers a fantastic chance to maximize your cash flow in a prime location.
But that's not all! This property also has the advantage of having access from the back on Exposition Blvd, positioning it right across from the Metro Expo Line station. Additionally, it's just a short distance away from the iconic Exposition Park, home to renowned landmarks like the LA Coliseum, the new LAFC Stadium, and the upcoming George Lucas Museum of Narrative Art. What's more, Exposition Park is set to host numerous significant activities and events during the 2028 LA Olympics.
To ensure a successful investment, we strongly recommend conducting thorough due diligence and verifying all information with the city. It's also advisable to research the local real estate market, university enrollment trends, and any relevant regulations related to student housing. If you're looking for an exceptional investment opportunity that offers a prime location, tremendous growth potential, and endless possibilities, search no further! This property is being sold as is and is a probate listing. Title shows as a duplex but it is a single house. Tax assessor rolls shows exemption as homeowner.
Investors, seize this extraordinary opportunity.
Full Property Details
Full Property Details for 1268 W 37th Dr
General
- Sold For: $1,200,000
- Status: Closed
- Type: Single Family
- MLS ID: SW23185561
- Added to Site: 249 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking: Off-Street
Location
- County: Los Angeles
- Driving Directions: Located west of the University of Southern California, take Exposition to S. Catalina, to W. 37th Drive
School Information
- School District: Los Angeles Unified
Community
- Community Features: Curbs, Sidewalks, Street Lights, Suburban
Heating & Cooling
- Cooling Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Construction: Stucco
- Roof: Composition
- Common Walls: No Common Walls
- Entry Location: Front and Rear Access to property
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,175
- Sq. Ft. Source: Assessor
- Year Built: 1906
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1726
- Lot Size Source: Assessor
- Zoning: LARD2
- Lot Description: Value In Land
Financial Considerations
- Price Per Sq. Ft.: $1,021.28
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Probate Listing
Listed by Fathom Realty Group Inc., Jessica Fyfe
Sold by Century 21 Allstars, Danny Navarro
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Schools
Schools serving 1268 W 37th Dr
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1260 W 36th Pl, Los Angeles, CA 90007 | K-5 | 0.2 mi | |
3751 S Harvard Blvd, Los Angeles, CA 90018 | K-12 | 0.6 mi | |
4131 S Vermont Ave, Los Angeles, CA 90037 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1268 W 37th Dr
Date
Details
Price
Change
Source
2/07/2024
Sold
$1,200,000
-22.58%
MLS
12/04/2023
Price Reduced
$1,550,000
-8.82%
MLS
10/05/2023
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1268 W 37th Drive, Los Angeles, CA 90007 (MLS# SW23185561) is a Single Family property that was sold at $1,200,000 on February 07, 2024. Want to learn more about 1268 W 37th Drive? Do you have questions about finding other Single Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.