Opportunity knocks! First time on the market in 45 years, this exceptional 4-unit property is situated on a 6,800+ sqft lot near University of Southern California (USC). This prime location offers immense potential for student housing development or investors seeking passive income opportunities. The unit mix consists of (4) 1 bedroom/1 bathroom and (4) single car garage 1 for each unit. The property has three separate freestanding buildings, with two of the units having no shared walls, enhancing privacy for the units. Conveniently located in close proximity to schools, parks, and freeways, this property is nestled within a vibrant neighborhood close to it all: a short distance to USC, DTLA, Kenneth Hahn State Park, popular local favorite restaurants, and the upcoming Crenshaw Plaza redevelopment slated to begin in 2026. Take advantage of even greater potential by acquiring the adjacent single-family home also for sale (1637 W 37th St; CRMLS#SB24127039; APN 5041-022-024) together with this quadruplex. Don’t miss out on these wonderful investment opportunities!
MLS #
CRSB24129619
MLS Source
California Regional MLS
Appliances
Other
Pool
None
Garage/Parking
Garage: 4 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 1 | 4 |
1629 W 37th St is a Residential Income in Los Angeles, CA 90018. This – square foot property sits on a 6,811 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $960,000 and was built in 1923.
This address can also be written as 1629 W 37th St, Los Angeles, CA 90018.©2024 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 26, 2024. For the most current information, please contact Tiffany McGuinness