1572 W 37th Place Los Angeles, CA 90018
Exposition Park NeighborhoodEstimated payment $6,652/month
Highlights
- No HOA
- Views
- 1-Story Property
About This Home
We are pleased to present the opportunity to acquire this Ready-to-Issue Student Housing Construction project of 5 Residential Units totaling 25bd + 25bths, a couple of blocks away from the University of Southern California (USC). Located on 1572 W. 37th Place, this project will be delivered RTI permits prior to closing. The design consists of a large duplex + JADU(17 Beds total) in the front of the lot, with an additional 2 detached ADUs(4bd + 4bth Each) in the rear, with the development totaling 6,774 SF of rentable square footage. The property benefits from a straightforward construction process, which will help any developer save on costs and expedite project completion. Expertly designed for co-living, each floor has ample living space for the tenants to enjoy as well as a private bathroom in each bedroom suite. In addition to renting to students, the property also offers dual-use potential: it can be rented to affordable housing programs, with the possibility of earning up to $1,200 per room in rent (Buyer to Verify). 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. Please contact listing agent for more details!
Listing Agent
Keller Williams Beverly Hills License #02116849 Listed on: 07/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,234
Year Built
- Built in 1915
Lot Details
- 5,411 Sq Ft Lot
- Lot Dimensions are 40x135
- Property is zoned LAR2
Parking
- 2 Parking Spaces
Interior Spaces
- 1,168 Sq Ft Home
- 1-Story Property
- Property Views
Bedrooms and Bathrooms
- 25 Bedrooms
- 25 Full Bathrooms
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5041-033-023
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,234 | $832,320 | $665,856 | $166,464 |
| 2023 | $10,040 | $816,000 | $652,800 | $163,200 |
| 2022 | $4,608 | $373,695 | $298,957 | $74,738 |
| 2021 | $4,546 | $366,369 | $293,096 | $73,273 |
| 2020 | $4,590 | $362,613 | $290,091 | $72,522 |
| 2019 | $4,413 | $355,503 | $284,403 | $71,100 |
| 2018 | $4,355 | $348,533 | $278,827 | $69,706 |
| 2017 | $4,263 | $341,700 | $273,360 | $68,340 |
| 2016 | $4,161 | $335,000 | $268,000 | $67,000 |
| 2015 | $3,512 | $280,493 | $224,395 | $56,098 |
| 2014 | $3,808 | $275,000 | $220,000 | $55,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $1,050,000 | +31.3% | $899 / Sq Ft |
| 03/03/2022 03/03/22 | Sold | $800,000 | +2.7% | $685 / Sq Ft |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- |
| 01/28/2022 01/28/22 | For Sale | $779,000 | +132.5% | $667 / Sq Ft |
| 12/11/2015 12/11/15 | Sold | $335,000 | +4.7% | $287 / Sq Ft |
| 10/19/2015 10/19/15 | Pending | -- | -- | -- |
| 10/15/2015 10/15/15 | For Sale | $320,000 | +16.4% | $274 / Sq Ft |
| 07/30/2013 07/30/13 | Sold | $275,000 | +1.9% | $235 / Sq Ft |
| 06/10/2013 06/10/13 | Pending | -- | -- | -- |
| 05/30/2013 05/30/13 | Price Changed | $269,900 | -3.6% | $231 / Sq Ft |
| 05/28/2013 05/28/13 | For Sale | $279,900 | 0.0% | $240 / Sq Ft |
| 04/15/2013 04/15/13 | Pending | -- | -- | -- |
| 04/10/2013 04/10/13 | Price Changed | $279,900 | -8.4% | $240 / Sq Ft |
| 03/21/2013 03/21/13 | For Sale | $305,500 | 0.0% | $262 / Sq Ft |
| 03/06/2013 03/06/13 | Pending | -- | -- | -- |
| 02/06/2013 02/06/13 | For Sale | $305,500 | -- | $262 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | Progressive Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $335,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | First American Title | |
| Grant Deed | $275,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Trustee Deed | $480,697 | None Available | |
| Interfamily Deed Transfer | -- | Commonwealth Title | |
| Quit Claim Deed | -- | Chicago Title | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $530,000 | New Conventional | |
| Previous Owner | $546,000 | New Conventional | |
| Previous Owner | $252,000 | New Conventional | |
| Previous Owner | $251,250 | New Conventional | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $247,500 | New Conventional | |
| Previous Owner | $408,500 | Unknown | |
| Previous Owner | $380,000 | New Conventional | |
| Previous Owner | $45,000 | Stand Alone Second | |
| Previous Owner | $300,000 | Negative Amortization | |
| Previous Owner | $235,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $190,000 | Unknown | |
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $101,000 | Unknown | |
| Previous Owner | $91,700 | Unknown | |
| Previous Owner | $25,000 | Unknown |
Source: The MLS
MLS Number: 25565605
APN: 5041-033-023
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