$1,100,000
1379 W 37th Place
Los Angeles, CA 90007
5
Beds
3
Baths
2,053
Sq. Ft.
1904
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
An exceptional opportunity for investors, developers, or owner-users in the USC/Exposition Park area. This approximately 7,000-square-foot lot currently features two separate residential units, offering immediate flexibility with significant potential for future development. The front residence is an approximately 1,400 sqftt 3-bed, 2-bath home, complemented by a detached rear unit of approximately 600 sqft with 2 bedrooms and 1 bath. The detached configuration provides excellent separation between the two residences and creates a compelling setup for an owner-user, multigenerational household, or investor. Adding to the property's upside is an existing garage with potential for ADU conversion. The property is zoned LARD1.5 (Restricted Density Multiple Dwelling). The potential for up to four additional units creates an attractive development scenario for buyers looking to maximize the site's residential potential. Situated approximately one mile from USC, the property offers convenient access to the University of Southern California, Exposition Park, Downtown Los Angeles, and surrounding transit and amenities. Whether you're seeking an income-producing property, a property with room to expand, or a development opportunity in a high-demand Los Angeles location, the property presents a rare combination of existing housing and future upside.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
Request a Tour
Mortgage Estimate
$5,855/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.