Los Angeles, CA 90007 1375 W 37th Drive
$1,699,000
18 more
Presented By: Jennifer Chang with IRN Realty; 626-482-2255
Home Details
Great cash flow in USC student housing investment. 1373 and 1375 W. 37th Drive. Duplex homes is within the boundaries of the DPS patrol, walking distance to USC. Stores, Market and metro station. Front house is charming craftsman style features 3 Bedrooms and 2 baths, 1123 sq. ft built 1920 with updated Kitchen and bathrooms, laminate flooring. Back house was built 2018 total 2376 sq ft, features 8 bedrooms and 4 baths. Each unit has separate electric and gas meters. 4 parking spaces.
Presented By: Jennifer Chang with IRN Realty; 626-482-2255
Interior Features for 1375 W 37th Drive
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesElectricDryerHookup, GasDryerHookup, Outside
Total Stories1
Other Rooms
Entry Level1
General for 1375 W 37th Drive
AccessibilitySafeEmergencyEgressfromHome, Parking
Additional Parcels Y/NNo
AppliancesDishwasher, FreeStandingRange, Microwave, RangeHood, TanklessWaterHeater, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.0
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights
CoolingCentralAir, WallWindowUnits
CountyLos Angeles
Days on Market67
DirectionsWest of Vermont, East of Normandie, North of Exposition blvd, South of Jefferson
ElectricElectricityOnProperty
Electric Expense3900.0
Entry LocationFront
Garage Spaces0.0
Garage Y/NNo
Gross Income121456.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1100.0
Interior FeaturesFurnished
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet5945.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income90403.0
New ConstructionNo
NumberOfUnitsTotal2
Open Parking Spaces4.0
Operating Expense31053.0
Pool FeaturesNone
PossessionClosePlus1Day
Private PoolNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot27
Taxes$21,600
Tenant PaysAllUtilities
TermsCash, CashtoNewLoan
Total Actual Rent9888.0
Trash Expense1300.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense2065.0
Waterfront Y/NNo
Year Built2018
Year Built SourceAssessor
ZoningLARD2
Exterior for 1375 W 37th Drive
Building Area Total3499.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1365
Lot Size Area5945.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway, ElectricGate, Uncovered
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480