Los Angeles, CA 90018 1451 W 37th Drive
$1,350,000
12 more
Presented By: Jose Luis Alvarado with Coast Investment Realty;
- MLS# 25545821
- 05/31/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 6
Baths • 4
SQFT • 1,931
Home Details
Exceptional Investment Opportunity: Charming 4-Unit Property Near USC. Welcome to this well-maintained, income -producing property located within walking distance of the prestigious University of Southern California. This incredible investment opportunity offers three occupied units and one vacant unit, providing immediate rental income and the potential to customize the remaining space. Great for an Investor or Owner Occupant looking to live in one unit while collecting rent from the other 3 units. A prime location within walking distance of USC, ensuring high demand from students. Close proximity to schools, parks, freeways metro and shopping centers. This an opportunity not to be missed.
Presented By: Jose Luis Alvarado with Coast Investment Realty;
Interior Features for 1451 W 37th Drive
Bedrooms
Total Bedrooms6
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories
General for 1451 W 37th Drive
Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingConventional, Fha
Carport Y/NNo
CityLos Angeles
CoolingWallWindowUnits
CountyLos Angeles
DirectionsWest of Normandie Ave and North of Exposition Blvd
DisclosuresFamilialRelation
Electric Expense3000.0
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income94608.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense4261.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6698.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income70739.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Open Parking Spaces4.0
Other StructuresSheds
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbonMonoxideDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Taxes$4,608
Tenant PaysElectricity, Gas
Water Sewer Expense3000.0
Year Built1921
Year Built SourceAssessor
ZoningLAR2
Exterior for 1451 W 37th Drive
Building Area Total1931.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1538
Lot Size Area6698.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate