1629 W 37th St Los Angeles, CA 90018
Exposition Park Neighborhood
4
Beds
4
Baths
2,176
Sq Ft
6,811
Sq Ft Lot
Highlights
- Lawn
- Laundry Room
- Rectangular Lot
About This Home
As of December 2024Opportunity knocks! First time on the market in 45 years, this exceptional 4-unit property is situated on a 6,800+ sqft lot near University of Southern California (USC). This prime location offers immense potential for student housing development or investors seeking passive income opportunities. The unit mix consists of (4) 1 bedroom/1 bathroom and (4) single car garage 1 for each unit. The property has three separate freestanding buildings, with two of the units having no shared walls, enhancing privacy for the units. Conveniently located in close proximity to schools, parks, and freeways, this property is nestled within a vibrant neighborhood close to it all: a short distance to USC, DTLA, Kenneth Hahn State Park, popular local favorite restaurants, and the upcoming Crenshaw Plaza redevelopment slated to begin in 2026. Take advantage of even greater potential by acquiring the adjacent single-family home also for sale (1637 W 37th St; CRMLS#SB24127039; APN 5041-022-024) together with this quadruplex. Don’t miss out on these wonderful investment opportunities!
Last Agent to Sell the Property
Estate Properties Brokerage Phone: 3105257653 License #01947654 Listed on: 06/27/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,565
Year Built
- Built in 1923
Lot Details
- 6,811 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Lawn
Parking
- 4 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2,176 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 2225
- Assessor Parcel Number 5041022023
- $478 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- 1 Leased Unit
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2024
Closed on
Nov 20, 2024
Sold by
Onuoha Lilian
Bought by
Onuoha John
Seller's Agent
Tiffany McGuinness
Estate Properties
Buyer's Agent
D Higgins
Dominique Higgins
List Price
$1,100,000
Sold Price
$960,000
Premium/Discount to List
-$140,000
-12.73%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$768,000
Interest Rate
6.79%
Mortgage Type
Construction
Purchase Details
Listed on
Jun 27, 2024
Closed on
Nov 6, 2024
Sold by
Freddie D Harris Trust and Harris Chevalier D
Bought by
Onuoha John
Seller's Agent
Tiffany McGuinness
Estate Properties
Buyer's Agent
D Higgins
Dominique Higgins
List Price
$1,100,000
Sold Price
$960,000
Premium/Discount to List
-$140,000
-12.73%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.79%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 17, 2017
Sold by
Harris Freddie D
Bought by
Harris Freddie D and Freddie D Harris Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Lawyers Title Insurance Compan | |
| Quit Claim Deed | -- | Lawyers Title Insurance Compan | |
| Grant Deed | $960,000 | Lawyers Title Insurance Compan | |
| Grant Deed | $960,000 | Lawyers Title Insurance Compan | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $768,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Rent | $2,900 | 0.0% | -- |
| 12/24/2024 12/24/24 | Sold | $960,000 | -12.7% | $441 / Sq Ft |
| 10/26/2024 10/26/24 | Pending | -- | -- | -- |
| 06/27/2024 06/27/24 | For Sale | $1,100,000 | -- | $506 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,565 | $97,913 | $47,864 | $50,049 |
| 2023 | $1,546 | $95,994 | $46,926 | $49,068 |
| 2022 | $1,492 | $94,112 | $46,006 | $48,106 |
| 2021 | $1,459 | $92,267 | $45,104 | $47,163 |
| 2020 | $1,466 | $91,322 | $44,642 | $46,680 |
| 2019 | $1,424 | $89,532 | $43,767 | $45,765 |
| 2018 | $1,321 | $87,777 | $42,909 | $44,868 |
| 2016 | $1,244 | $84,371 | $41,244 | $43,127 |
| 2015 | $1,230 | $83,105 | $40,625 | $42,480 |
| 2014 | $1,263 | $81,478 | $39,830 | $41,648 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffany McGuinness
Seller's Agent in 2024
Tiffany McGuinness
RE/MAX
(310) 525-7653
2 in this area
127 Total Sales
-
D Higgins
D
Buyer's Agent in 2024
D Higgins
Dominique Higgins
(888) 205-3213
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24129619
APN: 5041-022-023
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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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