NOT LISTED FOR SALE

1185 W 37th St Los Angeles, CA 90007

Exposition Park Neighborhood

Estimated Value: $1,728,127 - $3,063,000

6 Beds
3 Baths
2,752 Sq Ft
$870/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $1,050,000 $382 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $15,675/month

35 Days on Market

About This Home

As of September 2016

Bring your Builders & Developers. Great development site 1-block West of USC.1185 W. 37th St is a +/- 7743 square foot (per assessor) corner lot walking distance to USC, the new Metro Expo Line (traveling to Santa Monica and Downtown LA) and the new USC Village development. The Village could potentially feature retailers such as Trader Joe's & Target. The Village is expected to open late 2017. Good development opportunity. Check with the City of Los Angeles for subdivision requirements. Lot is Zoned LARD1.5. Buyer to verify zoning and regulations with the City of Los Angeles and all other government agencies.DO NOT DISTURB TENANTS!!

Last Agent to Sell the Property

Rebecca Themelis

Keller Williams Larchmont License #01727894 Listed on: 05/26/2016

Keller Williams Larchmont

Last Buyer's Agent

Mike Allen

Century 21 Jordan-Link & Co. License #01775563

Century 21 Jordan-Link & Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,868

Year Built

  • Built in 1922

Lot Details

  • 7,743 Sq Ft Lot

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2,752 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5040-030-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,868

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2752
  • Probate: No
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 464.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 15599
  • Assessed Land Value: 140518
  • Assessor Parcel Number: 5040-030-002
  • Geocode Override: No
  • Lot Size Area: 7743

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Aug 15, 2016
Sold by
Peretz Asher and Peretz Miriam
Bought by
Southbay Holdings Llc
Seller's Agent
Rebecca Themelis
Keller Williams Larchmont
Buyer's Agent
Mike Allen
Century 21 Jordan-Link & Co.
List Price
$1,278,000
Sold Price
$1,050,000
Premium/Discount to List
-$228,000
-17.84%
Current Estimated Value
$2,393,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,343,110
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Oct 14, 2014
Sold by
Black Linda and Estate Of Edith P Greene
Bought by
Peretz Asher and Peretz Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,750
Interest Rate
3.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Southbay Holdings Llc $1,050,000 Provident Title Company
Peretz Asher $497,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southbay Holdings Llc $2,900,000
Closed Southbay Holdings Llc $1,819,392
Previous Owner Peretz Asher $372,750
Previous Owner Greene Edith P $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $1,050,000 -17.8% $382 / Sq Ft
06/30/2016 06/30/16 For Sale $1,278,000 +21.7% $464 / Sq Ft
06/27/2016 06/27/16 Off Market $1,050,000 -- --
05/26/2016 05/26/16 For Sale $1,278,000 +157.1% $464 / Sq Ft
03/19/2015 03/19/15 Sold $497,000 -13.6% $181 / Sq Ft
09/16/2014 09/16/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $575,000 -- $209 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,868 $2,509,631 $1,218,499 $1,291,132
2024 $30,868 $2,460,423 $1,194,607 $1,265,816
2023 $30,286 $2,412,181 $1,171,184 $1,240,997
2022 $28,564 $2,364,884 $1,148,220 $1,216,664
2021 $16,437 $1,319,427 $1,124,761 $194,666
2019 $15,250 $1,280,293 $1,091,400 $188,893
2018 $7,711 $612,000 $433,500 $178,500
2016 $6,364 $504,579 $406,100 $98,479
2015 $2,212 $156,117 $140,518 $15,599
2014 $2,242 $153,060 $137,766 $15,294
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rebecca Themelis

    Keller Williams Larchmont

    Section Image
  • Mike Allen

    Buyer's Agent in 2016

    Mike Allen

    Century 21 Jordan-Link & Co.

    (559) 733-9696

    7 Total Sales

    Section Image

  • J

    Buyer's Agent in 2016

    Justin Carskadon

  • J

    Seller's Agent in 2015

    JoAnne Ricks

    First Security Investment Co.

    Section Image
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Map

Source: The MLS

MLS Number: 16-129208

The MLS

APN: 5040-030-045

California Los Angeles County Los Angeles 90007 Exposition Park

1185 W 37th St, Los Angeles, CA

This home is located at 1185 W 37th St, Los Angeles, CA 90007 since 26 May 2016 and is currently estimated at $2,395,564, approximately $870 per square foot. This property was built in 1922. 1185 W 37th St is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

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