NOT LISTED FOR SALE

1747 W 37th St Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $985,000 - $1,077,322

4 Beds
4 Baths
1,120 Sq Ft
$920/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $735,000 $656 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,860/month

2 Days on Market

About This Home

As of May 2017

Rare opportunity to buy a 4-Plex with Cash flow day 1. All units have been remodeled and rents brought to Market rent. This property is sorrounded by USC housing, near the Metro line and right off the Santa Monica Fwy. Priced below a 10 G.R.M., this is a great investment to add to anyones portfolio. Drive by only. Do not Disturb Tenants. Call listing agent with any questions

Last Agent to Sell the Property

Josh Tomaszewski

JRM Properties License #01836611 Listed on: 04/28/2017

Last Buyer's Agent

Scott Harvey

Figure 8 Realty License #01963157

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,608

Year Built

  • Built in 1924

Lot Details

  • 7,200

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • 7,200 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5041-023-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,608

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1120
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 616.07

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 106601
  • Assessed Land Value: 243660
  • Assessor Parcel Number: 5041-023-035
  • Geocode Override: No
  • Lot Size Area: 7200

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.75
  • Number Of Units: 4
  • Type Of Units: side by side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2017
Sold by
1747 W 37Th St Llc
Bought by
Air Western 37 Llc
Current Estimated Value
$1,030,331

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 11, 2017
Sold by
1747 W 37Th St Llc
Bought by
Air Western 37 Llc
Seller's Agent
Josh Tomaszewski
JRM Properties
Buyer's Agent
Scott Harvey
Figure 8 Realty
List Price
$690,000
Sold Price
$735,000
Premium/Discount to List
$45,000
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Closed on
Aug 11, 2015
Sold by
1747 W 37Th St Llc
Bought by
Mizrahi Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jul 2, 2014
Sold by
Wilmington Trust Na
Bought by
1747 W 37Th St Llc
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$363,000
Sold Price
$345,000
Premium/Discount to List
-$18,000
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Mar 17, 2014
Sold by
Canjura Manuel
Bought by
Wilmington Trust Na

Purchase Details

Closed on
Oct 5, 2013
Sold by
Sirio Josefina C and Alvarez Jimmy
Bought by
Canjura Manuel

Purchase Details

Closed on
Oct 26, 2012
Sold by
Canjura Manuel
Bought by
Citibank Na

Purchase Details

Closed on
Jan 8, 2012
Sold by
Canjura Manuel
Bought by
Sirio Josefina C and Alvarez Jimmy

Purchase Details

Closed on
Jun 12, 2007
Sold by
Ordonez Oscar
Bought by
Canjura Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,250
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 27, 2002
Sold by
Ordonez Ingrid
Bought by
Ordonez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,360
Interest Rate
7%

Purchase Details

Closed on
Oct 22, 2001
Sold by
Bankers Trust Company
Bought by
Trevino Haydy Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 27, 2001
Sold by
Howard Charity B
Bought by
Amresco Residential Securities Corp Mtg

Purchase Details

Closed on
Jun 16, 1999
Sold by
Howard Charity
Bought by
Howard Charity B

Purchase Details

Closed on
Mar 10, 1994
Sold by
Howard Elisha
Bought by
Howard Charity B
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
Air Western 37 Llc -- Stewart Title
Air Western 37 Llc $735,000 Stewart Title
1747 W 37Th St Llc -- Stewart Title
Mizrahi Alan -- Title 365
Mizrahi Alan -- Title 365
1747 W 37Th St Llc $345,000 Servicelink Title Company
Wilmington Trust Na $351,010 None Available
Canjura Manuel -- None Available
Citibank Na $627,284 None Available
Sirio Josefina C -- None Available
Canjura Manuel $619,000 Orange Coast Title
Ordonez Oscar -- American Title Co
Trevino Haydy Patricia -- First American Title Ins Co
Amresco Residential Securities Corp Mtg $147,900 Benefit Land Title Ins Co
Howard Charity B -- Commonwealth Land Title Co
Howard Charity B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mizrahi Alan $292,500
Previous Owner Canjura Manuel $464,250
Previous Owner Ordonez Oscar $237,360
Previous Owner Trevino Haydy Patricia $174,000
Closed Ordonez Oscar $69,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2017 05/18/17 Sold $735,000 +6.5% $656 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $690,000 +100.0% $616 / Sq Ft
07/15/2014 07/15/14 Sold $345,000 -5.0% $308 / Sq Ft View Prior Sale
06/27/2014 06/27/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $363,000 -- $324 / 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 $5,608 $429,471 $301,188 $128,283
2024 $5,608 $421,051 $295,283 $125,768
2023 $5,511 $412,796 $289,494 $123,302
2022 $5,275 $404,703 $283,818 $120,885
2021 $5,201 $396,768 $278,253 $118,515
2019 $8,844 $707,851 $424,483 $283,368
2018 $8,676 $693,980 $416,160 $277,820
2016 $4,521 $350,261 $243,660 $106,601
2015 $4,459 $345,000 $240,000 $105,000
2014 $8,127 $635,769 $503,388 $132,381
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Josh Tomaszewski

    JRM Properties

    (323) 930-5679

    7 Total Sales

    Josh Tomaszewski
    Section Image
  • Scott Harvey

    Buyer's Agent in 2017

    Scott Harvey

    Figure 8 Realty

    (831) 915-4692

    3 in this area

    57 Total Sales

    Scott Harvey
    Section Image
  • Ed Faktorovich

    Buyer Co-Listing Agent in 2017

    Ed Faktorovich

    Figure 8 Realty

    (323) 270-9303

    2 in this area

    82 Total Sales

    Ed Faktorovich
    Section Image

  • J

    Seller's Agent in 2014

    Joyce Essex Harvey

    Coldwell Banker Realty

    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 17-225800

The MLS

APN: 5041-023-035

California Los Angeles County Los Angeles 90018 Exposition Park

1747 W 37th St, Los Angeles, CA

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