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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,100,000

Est. payment -/mo

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Active

1629 W 37th ST Los Angeles, CA 90018

2,176 SqFt

UPDATED:

10/22/2024 11:55 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,176 sqft

Price per Sqft $505

MLS Listing ID SB24129619

HOA Y/N No

Year Built 1923

Lot Size 6,812 Sqft

Property Description

Opportunity knocks! First time on the market in 45 years, this exceptional 4-unit property is situated on a 6,800+ sqft lot near University of Southern California (USC). This prime location offers immense potential for student housing development or investors seeking passive income opportunities. The unit mix consists of (4) 1 bedroom/1 bathroom and (4) single car garage 1 for each unit. The property has three separate freestanding buildings, with two of the units having no shared walls, enhancing privacy for the units. Conveniently located in close proximity to schools, parks, and freeways, this property is nestled within a vibrant neighborhood close to it all: a short distance to USC, DTLA, Kenneth Hahn State Park, popular local favorite restaurants, and the upcoming Crenshaw Plaza redevelopment slated to begin in 2026. Take advantage of even greater potential by acquiring the adjacent single-family home also for sale (1637 W 37th St; CRMLS#SB24127039; APN 5041-022-024) together with this quadruplex. Don’t miss out on these wonderful investment opportunities!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Fireplace No

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Lawn, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5041022023

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Trust

Listed by Tiffany McGuinness • Re/Max Estate Properties • 3105257653

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

1629 W 37th ST Los Angeles, CA 90018

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1629 W 37th ST