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1268 W 37th Drive, Los Angeles, CA 90007

Single-family home

1268 W 37th Drive, Los Angeles, CA 90007 Sold February 2024 CRMLS
$1,200,000Sold February 2024

Listing Agent: Jessica Fyfe (DRE #02102701) · Listing Office: Fathom Realty Group Inc. · Contact: jfyfe@fathomrealty.com · Bought with: Danny Navarro · Century 21 Allstars · MLS #SW23185561 · Source: CRMLS

2
Bedrooms
2
Bathrooms
1,175
Sq Ft
7,520 sqft
Lot Size
1906
Year Built
Single-family home
Type
1
Stories
0
Garage
SeeRemarks
Cooling

About this single-family home

Attention, investors! This property is an incredible investment opportunity that you don't want to miss! Situated within the highly sought-after USC-DPS Patrol & Response zone, it is perfectly positioned for the development of new student housing. Its close proximity to the university and the growing demand for student housing make it an ideal choice. Plus, with a generous lot size of 7,520 square feet and LARD2 zoning, this property offers a fantastic chance to maximize your cash flow in a prime location. But that's not all! This property also has the advantage of having access from the back on Exposition Blvd, positioning it right across from the Metro Expo Line station. Additionally, it's just a short distance away from the iconic Exposition Park, home to renowned landmarks like the LA Coliseum, the new LAFC Stadium, and the upcoming George Lucas Museum of Narrative Art. What's more, Exposition Park is set to host numerous significant activities and events during the 2028 LA Olympics. To ensure a successful investment, we strongly recommend conducting thorough due diligence and verifying all information with the city. It's also advisable to research the local real estate market, university enrollment trends, and any relevant regulations related to student housing. If you're looking for an exceptional investment opportunity that offers a prime location, tremendous growth potential, and endless possibilities, search no further! This property is being sold as is and is a probate listing. Title shows as a duplex but it is a single house. Tax assessor rolls shows exemption as homeowner. Investors, seize this extraordinary opportunity.

Listing description from the February 2024 sale, as reported to CRMLS.

Sale history

$1,200,000
Sold February 2024 · listed $1,550,000, orig. $1,700,000, on market October 2023 · MLS #SW23185561 · Source: CRMLS
Listing Agent: Jessica Fyfe · Listing Office: Fathom Realty Group Inc. · Contact: jfyfe@fathomrealty.com · Bought with: Danny Navarro · Century 21 Allstars
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