NOT LISTED FOR SALE

1351 W 37th St Los Angeles, CA 90007

Exposition Park Neighborhood

Estimated Value: $1,667,000 - $3,652,000

4 Beds
3 Baths
2,357 Sq Ft
$1,255/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $1,007,500 $427 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $19,236/month

112 Days on Market

About This Home

As of February 2020

Standard Sale! Great investment opportunity. Near USC area, perfect for student housing. The property is a duplex. Front unit 3 bedroom 1.5 bath and back unit 1 bedroom 1 bath. LAR4 zoning, this is perfect for developers or to live in one unit while earning extra income from the other unit. A lot of potential.

Last Agent to Sell the Property

Mariluz Martinez

First Class Real Estate License #01900678 Listed on: 09/30/2019

Last Buyer's Agent

Jason Lee

Coldwell Banker Realty License #02069816

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,882

Year Built

  • Built in 1926

Lot Details

  • 6,734 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,357 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2226
  • Assessor Parcel Number 5040009026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,882

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5040009026
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 427.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6734.00
  • Lot Size Acres: 0.1546

Multi Family

  • Lot Size Area: 6734.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2226.00
  • Tax Lot: 15
  • Tax Tract Number: 2226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Feb 11, 2020
Sold by
Garcia Daniel and Garcia Yazmin
Bought by
Jpml Investment Inc
Seller's Agent
Mariluz Martinez
First Class Real Estate
Buyer's Agent
Jason Lee
Coldwell Banker Realty
List Price
$1,205,000
Sold Price
$1,007,500
Premium/Discount to List
-$197,500
-16.39%
Current Estimated Value
$2,997,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,990,017
Avg. Annual Appreciation
21.85%

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jan 27, 2020
Sold by
Casco Holmer Renna Barahona
Bought by
Garcia Yazmin
Seller's Agent
Mariluz Martinez
First Class Real Estate
Buyer's Agent
Jason Lee
Coldwell Banker Realty
List Price
$1,205,000
Sold Price
$1,007,500
Premium/Discount to List
-$197,500
-16.39%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Garcia Daniel
Bought by
Garcia Daniel and Garcia Yazmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,193
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 16, 2012
Closed on
Nov 30, 2012
Sold by
Lec Suburban Renewal Llc
Bought by
Garcia Daniel
Seller's Agent
Timothy Pai
No Firm Affiliation
Buyer's Agent
Mariluz Martinez
First Class Real Estate
List Price
$369,000
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%
Original Mortgage
$362,280
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2011
Sold by
Diaz Otto Rafael Aleman
Bought by
Lec Suburban Renewal Llc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Alfaro Blanca and Torres Blanca
Bought by
Diaz Otto Rafael Aleman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Alfaro Blanca and Alfaro Judith
Bought by
Alfaro Blanca

Purchase Details

Closed on
Aug 9, 2001
Sold by
Rodriguez George A and The Carlos R & Lillian A Moffa
Bought by
Alfaro Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,963
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 1994
Sold by
Moffatt Carlos R and Moffatt Lillian A
Bought by
Moffatt Carlos R
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
Jpml Investment Inc $1,007,500 Usa National Title Co
Garcia Yazmin -- Usa National Title Co
Garcia Daniel -- Accommodation
Garcia Daniel $369,000 Fidelity Van Nuys
Lec Suburban Renewal Llc $220,000 None Available
Diaz Otto Rafael Aleman $270,000 United Title Company-La
Alfaro Blanca -- --
Alfaro Blanca $218,000 Southland Title
Moffatt Carlos R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jpml Investment Inc $4,600,000
Closed Deg Investment Inc $3,900,000
Closed Jpml Investment Inc $1,780,000
Previous Owner Garcia Daniel $425,000
Previous Owner Garcia Daniel $383,900
Previous Owner Garcia Daniel $389,193
Previous Owner Garcia Daniel $362,280
Previous Owner Diaz Otto Rafael Aleman $150,000
Previous Owner Diaz Otto Rafael Aleman $376,000
Previous Owner Diaz Otto Rafael Aleman $375,000
Previous Owner Diaz Otto Rafael Aleman $216,000
Previous Owner Alfaro Blanca $214,963
Previous Owner Rodriguez George A $115,000
Previous Owner Rodriguez George A $70,000
Previous Owner Rodriguez George A $50,000
Closed Diaz Otto Rafael Aleman $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $1,007,500 -16.4% $427 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
09/30/2019 09/30/19 For Sale $1,205,000 +226.6% $511 / Sq Ft
01/09/2013 01/09/13 Sold $369,000 0.0% $157 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
11/16/2012 11/16/12 For Sale $369,000 -- $157 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $33,882 $2,790,448 $1,101,845 $1,688,603
2024 $33,882 $2,735,735 $1,080,241 $1,655,494
2023 $30,303 $2,447,994 $1,059,060 $1,388,934
2022 $28,905 $2,399,995 $1,038,295 $1,361,700
2021 $12,407 $1,017,936 $860,826 $157,110
2020 $5,344 $415,483 $302,887 $112,596
2019 $5,143 $407,338 $296,949 $110,389
2018 $4,976 $399,352 $291,127 $108,225
2016 $4,739 $383,846 $279,823 $104,023
2015 $4,671 $378,081 $275,620 $102,461
2014 $4,698 $370,675 $270,221 $100,454
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mariluz Martinez

    First Class Real Estate

    (213) 595-4197

    5 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Jason Lee

    Coldwell Banker Realty

  • T

    Seller's Agent in 2013

    Timothy Pai

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN19231768

California Regional Multiple Listing Service (CRMLS)

APN: 5040-009-026

California Los Angeles County Los Angeles 90007 Exposition Park

1351 W 37th St, Los Angeles, CA

This home is located at 1351 W 37th St, Los Angeles, CA 90007 since 30 September 2019 and is currently estimated at $2,958,036, approximately $1,255 per square foot. This property was built in 1926. 1351 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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