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$ 1,100,000
Est. payment /mo
Pending
1629 W 37th ST Los Angeles, CA 90018
6,812 Sqft Lot
UPDATED:
12/19/2024 04:11 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
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
Interior
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