2 months on rocket

1572 W 37th Pl, Los Angeles, CA, 90018

$1,200,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,168 SqFt
$1,027/SqFt
House

Location

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1572 W 37th Pl, Los Angeles$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1915
HeatingNone
CoolingNone
FireplaceNone
ViewNone
MLS #24454851
Lot Size0.12 Acres
StatusActive

About 1572 W 37th Pl

We are excited to offer a unique opportunity to acquire an opportunity to build a premier student housing development, just two blocks from the University of Southern California (USC). Situated at 1572 W. 37th Street, this project features 3 residential units totaling 25 bedrooms and 25 bathrooms across 5 distinct units. The project will be delivered RTI (Ready-to-Issue permits) prior to closing. The 3-story building design includes two residential units, with 17 bedrooms and 17 bathrooms. Additionally, there are two detached ADUs, each with 8 bedrooms and 8 bathrooms, totaling 8,590 square feet of rentable space. This project offers a streamlined construction process, allowing developers to reduce costs and accelerate completion. Purpose-built for co-living, every floor provides spacious common areas and each bedroom comes with its own private bathroom, ensuring tenant comfort and privacy. Beyond its student housing potential, this property offers flexibility, with the option to rent to affordable housing programs has potentially steady rental income. With its highly desirable location near USC, tenants will enjoy easy access to campus, University Village, and all the amenities that the area offers. Don't miss out on this opportunity contact the listing agent for further details! Please note that the buyer is responsible for conducting all due diligence regarding property conditions, zoning. SOLD AS IS. Buyer to verify all permits and records with city.

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Stories: 1
  • Living Area: 1,168 SqFt

Listing Office:

  • Office Name: Stanfles Realty
  • Office Phone: (888) 863-2820
  • Listing Agent: Jin Lee

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: exposition blvd & 37th

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $1,027/SqFt

Tax Information:

  • Annual Amount: $4,546
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1572 W 37th Pl vs Los Angeles

63 DAYS ON ROCKET

+25 Days

$1,200,000

+$178.4K More

$1,027/SqFt

+$387 More

KEY TAKEAWAY

This property is $178.4K more than the Median Sold Price and $387/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24454851

Listing Office:

  • Office Name: Stanfles Realty
  • Office Phone: (888) 863-2820
  • Listing Agent: Jin Lee

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 11, 2015Home Sold
$335,000
Jul 30, 2013Home Sold
$275,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,546$366,369
2020$4,413$362,613
2019$4,354$355,503
2018$4,263$348,533
2017$4,263$341,700

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-816033
7
/10

  • Bright Elementary School

  • 1771 W 36th St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-816034
3
/10

  • STEM Preparatory Elementary School

  • 1374 W 35th St

  • 0.46 miles

  • Public Charter Grades KG-5

school-card-donut-816035
4
/10

  • Lenicia B. Weemes Elementary

  • 1260 W 36th Pl

  • 0.47 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,776. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1572 W 37th Pl

What is the listing price of this property?

The listing price of 1572 W 37th Pl property is $1,200,000.

What type of property is this?

The property 1572 W 37th Pl is a house located in Los Angeles, California, 90018.

Is this property for sale now?

Active Listing: 1572 W 37th Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,546 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 11, 2015 for $335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1572 W 37th Pl has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1572 W 37th Pl is 1,168 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1572 W 37th Pl is 1915.

Rocket Homes›California›Los Angeles County›Los Angeles›90018›1572 W 37th Pl

This home is located at 1572 W 37th Pl in Los Angeles, CA and zip code 90018 in the South LA neighborhood. This 1,168 square foot home, which was built in 1915, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $1,200,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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