NOT LISTED FOR SALE

1571 W 37th St Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $877,000 - $1,296,000

2 Beds
1 Bath
836 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $750,000 $897 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,699/month

4 Days on Market

About This Home

As of June 2022

We are pleased to present the opportunity to acquire this 5,617 SF lot Student Housing Development opportunity located at 1571 W. 37th Street, 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, which will be delivered 100% vacant. 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.

Last Agent to Sell the Property

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 03/07/2022

Keller Williams Beverly Hills

Last Buyer's Agent

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 03/07/2022

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,596

Year Built

  • Built in 1905

Lot Details

  • 5,616 Sq Ft Lot
  • Lot Dimensions are 41x136
  • Property is zoned LAR2

Parking

  • 1 Parking Space

Interior Spaces

  • 836 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 5041-021-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,596

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 836
  • Lot Acreage: 0.1289
  • Lot Dimensions: 41x136
  • Stories: 1
  • Year Built: 1905
  • Number Of Photos: 5
  • 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: 956.94

Exterior Features

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

Garage/Parking

  • Total Parking: 1

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5041-021-019
  • Lot Size Area: 5616

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Usc Development 1571 Llc $2,500,000
Closed Usc Development 1571 Llc $1,640,000
Closed Stubbs Tony R $233,000
Closed Stubbs Tony R $215,000
Closed Stubbs Tony R $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $750,000 -6.3% $897 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $800,000 -- $957 / 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 $9,596 $1,918,706 $795,906 $1,122,800
2024 $9,596 $780,300 $624,240 $156,060
2023 $9,414 $765,000 $612,000 $153,000
2022 $874 $54,578 $37,962 $16,616
2021 $858 $53,509 $37,218 $16,291
2019 $837 $51,923 $36,115 $15,808
2018 $779 $50,906 $35,407 $15,499
2016 $740 $48,932 $34,033 $14,899
2015 $732 $48,198 $33,522 $14,676
2014 $746 $47,255 $32,866 $14,389
Source: Public Records

Agents Affiliated with this Home

  • Adam Shamooelian

    Seller's Agent in 2022

    Adam Shamooelian

    Keller Williams Beverly Hills

    (310) 432-6400

    13 in this area

    48 Total Sales

    Adam Shamooelian
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Map

Source: The MLS

MLS Number: 22-134067

The MLS

APN: 5041-021-019

California Los Angeles County Los Angeles 90018 Exposition Park

1571 W 37th St, Los Angeles, CA

This home is located at 1571 W 37th St, Los Angeles, CA 90018 since 07 March 2022 and is currently estimated at $1,084,745, approximately $1,297 per square foot. This property was built in 1905. 1571 W 37th St is a home located in Los Angeles County with nearby schools including Birdielee V. Bright Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

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