1205 West 37th Drive
$3,750,000
14
14
4,956
4,956
$757
Description
We are pleased to present an opportunity to invest in USC student housing. It is located within a mile of the main campus and within a couple of blocks of the Metro Expo Line. The asset consists of two buildings. There is a completely renovated, 5-bedroom 5-bathroom single family residence at the front of the lot with each bedroom being rented out individually. Right behind it is a 3 story Duplex and ADU. The Duplex was built in 2020 and is comprised of (2) 3-bedroom 3-bathroom units. The ADU, which...We are pleased to present an opportunity to invest in USC student housing. It is located within a mile of the main campus and within a couple of blocks of the Metro Expo Line. The asset consists of two buildings. There is a completely renovated, 5-bedroom 5-bathroom single family residence at the front of the lot with each bedroom being rented out individually. Right behind it is a 3 story Duplex and ADU. The Duplex was built in 2020 and is comprised of (2) 3-bedroom 3-bathroom units. The ADU, which was completed in 2023, is also 3 bedrooms and 3 bathrooms. The entire complex is leased to USC students. There is high demand for newer, updated student housing, which makes this investment even more attractive. The location is situated in the USC DPS security zone, which provides tenants and owners with peace of mind. The site is also within walking distance to the Metro Expo Line station offering easy access to everything LA, from the beach to DTLA. It is also a stone's throw from the LA Coliseum, home of the USC Trojan Football team, the LAFC Soccer Stadium, Exposition Park, the Natural History Museum of LA County and the George Lucas Museum of Narrative Art.
- Listed by Jerome McAlpin • DRE #00939725 • Brokerage DRE #00939725 • McAlpin & Company
Property Details for 1205 West 37th Drive
Water Front
None
ZoningLARD2
StyleContemporary
Parcel Number5040014020
Total Units4.0
Living Area4956
Source Living AreaOwner
AreaLos Angeles Southwest (C34)
LISTING UPDATED: 11/13/2024 04:27 PM
Property Details for 1205 West 37th Drive
Status | Active |
---|---|
MLS # | 24-433527 |
Days on Market | 110 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.15 AC / 6,603 SF |
County | Los Angeles County |
Building Information for 1205 West 37th Drive
Stories3Residences-Year Built1915Building Size-Lot Size0.15 AC / 6,603 SF
Property Information for 1205 West 37th Drive
Property History for 1205 West 37th Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1205 West 37th Drive
Taxable ValueLand$1,805,400Additions$1,527,001Total$3,332,401
Tax Record2024$43,825 ($3,652 / month)
Home Facts
Total Finished SqFt5,264 SqFtAbove Grade Finished SqFt5,264 SqFtLot Size6,601 SqFtStyleTriplexYear Built1915ZoningLARD2CountyLOS ANGELESAPN5040-014-020
Schools near 1205 West 37th Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lenicia B. Weemes Elementary School PublicK to 5 | ||
Foshay Learning Center PublicK to 12 | ||
Manual Arts Senior High School Public9 to 12 | ||
USC Hybrid High College Prep Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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