NOT LISTED FOR SALE

1453 W 37th Place Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $1,208,000 - $1,530,334

2 Beds
1 Bath
1,312 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $1,120,000 $854 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,484/month

60 Days on Market

About This Home

As of December 2023

We are pleased to present the opportunity to acquire this 6,840 SF lot Student Housing Development opportunity located at 1453 W. 37th Place, a couple of blocks away from the University of Southern California (USC). The site offers a zoning ordinance of LAR2, which allows for the construction of 2 units by right + ADU's. There is a single family residence currently on the lot. The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment. This is a probate sale and court confirmation is required.

Last Agent to Sell the Property

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 09/15/2023

Keller Williams Beverly Hills

Last Buyer's Agent

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 09/15/2023

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,701

Year Built

  • Built in 1903

Lot Details

  • 6,840 Sq Ft Lot
  • Lot Dimensions are 48x143
  • Property is zoned LAR2

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5041-028-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,701

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1312
  • Lot Acreage: 0.1570
  • Lot Dimensions: 48x143
  • Probate: Yes
  • Stories: 1
  • Year Built: 1903
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 800.30

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5041-028-019
  • Lot Size Area: 6840

Rental Info

  • Court Approve: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
1453 37Th Pi Llc
Bought by
1453 37Th Pi Llc
Current Estimated Value
$1,347,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,140,000
Outstanding Balance
$2,128,918
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$800,084

Purchase Details

Listed on
Sep 15, 2023
Closed on
Dec 5, 2023
Sold by
Field Jennifer
Bought by
1453 37Th Pi Llc
Seller's Agent
Adam Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Adam Shamooelian
Keller Williams Beverly Hills
List Price
$1,050,000
Sold Price
$1,120,000
Premium/Discount to List
$70,000
6.67%
Views
415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$700,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2006
Sold by
Brown Robert L and Estate Of James E Brown
Bought by
Brown Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
10.12%
Mortgage Type
Purchase Money Mortgage
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
1453 37Th Pi Llc -- Chicago Title Company
1453 37Th Pi Llc $1,120,000 Fidelity National Title
Brown Robert L -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1453 37Th Pi Llc $2,140,000
Previous Owner 1453 37Th Pi Llc $700,000
Previous Owner Brown Robert L $10,367
Previous Owner Brown Robert L $252,500
Previous Owner Brown Robert L $220,000
Previous Owner Brown Robert L $150,000
Previous Owner Brown Robert L $70,000
Previous Owner Brown Robert $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $1,120,000 +6.7% $854 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $1,050,000 -- $800 / 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 $13,701 $1,142,400 $913,920 $228,480
2024 $13,701 $1,120,000 $896,000 $224,000
2023 $7,273 $591,068 $552,442 $38,626
2022 $6,940 $579,479 $541,610 $37,869
2021 $6,849 $568,118 $530,991 $37,127
2019 $6,644 $551,270 $515,243 $36,027
2018 $6,596 $540,462 $505,141 $35,321
2016 $5,428 $446,000 $418,000 $28,000
2015 $4,881 $400,000 $375,000 $25,000
2014 $3,464 $274,000 $257,000 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Shamooelian

    Seller's Agent in 2023

    Adam Shamooelian

    Keller Williams Beverly Hills

    (310) 432-6400

    13 in this area

    47 Total Sales

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Map

Source: The MLS

MLS Number: 23-311975

The MLS

APN: 5041-028-019

California Los Angeles County Los Angeles 90018 Exposition Park

1453 W 37th Place, Los Angeles, CA

This home is located at 1453 W 37th Place, Los Angeles, CA 90018 since 15 September 2023 and is currently estimated at $1,328,834, approximately $1,012 per square foot. This property was built in 1903. 1453 W 37th Place 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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