1305 W 37th Pl, Los Angeles, CA, 90007
About This Home
Proudly presenting this remarkable opportunity next to USC - Two turnkey homes on one gated lot! Incredible versatility and massive upside. Located in the highly desirable USC Patrol Zone, just a 5-minute stroll to the USC West Gate. Both homes are securely and separately gated for utmost privacy. Perfect for three types of buyers: owner-users who can live in one and rent the other to effortlessly offset mortgage commitment, investors who are interested in a pure income generator pulling $7,500/month in total rent ($4,500 for the front 4B3B; $3,000 for the rear 2B1B + Den) that is absolutely ideal for a hands-off retirement asset, and developers who can aim to maximize potential in a prime, high-demand rental area. The location sells itself. Perfect canvas for a student housing complex or a high-yield redevelopment project. To make your life incredibly easy, this property can be delivered completely vacant. No tenant headaches and no long vacancy wait times. Unbeatable location and unmatched potential can assure that this gem will not last long in the market. This is a goldmine sitting in plain sight and is the ultimate "set-it-and-forget-it" investment property. Enjoy steady cash flow now and watch the property value climb.
Getting Around
Somewhat Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1951
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Disposal,Microwave,Range/Oven,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
Features
- Ceiling Fan(s)
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 2,134
- Total interior livable area: 2,134 sqft
Property
Details
- Parcel number: 5040010016
- Zoning: LARD2
- Special condition: Standard
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 6,281 sqft
Parking
- Total spaces: 4
- Parking features: Driveway,Garage - 2 Car,Side By Side,Tandem,Covered,Open
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,890 | $70,680 |
| Home Insurance * | $279 | $3,348 |
| Property Taxes | $1,184 | $14,208 |
| Electricity | $457 | $5,491 |
| Total | $7,810 | $93,720 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listing removed | $4,500 |
| 2026-06-16 | Listed for sale | $1,165,000 |
| 2026-03-04 | Listed for rent | $4,500 |
| 2019-04-01 | Sold | $1,060,000 |
| 2016-08-30 | Sold | $855,000 |
| 2016-07-25 | Pending sale | $849,000 |
| 2016-07-05 | Price change | $849,000 |
| 2016-06-02 | Price change | $879,000 |
| 2016-05-05 | Price change | $899,000 |
| 2016-03-21 | Listed for sale | $949,000 |
| 2016-03-21 | Listing removed | $950 |
| 2016-03-14 | Listed for rent | $950 |
| 2015-06-27 | Listing removed | $895 |
| 2015-03-13 | Price change | $895 |
| 2015-03-11 | Listed for rent | $850 |
| 2014-09-19 | Listing removed | $895 |
| 2014-09-10 | Listed for rent | $895 |
| 2014-03-30 | Listing removed | $550,000 |
| 2014-01-17 | Listed for sale | $550,000 |
| 2013-12-09 | Sold | $575,000 |
| 2013-10-22 | Pending sale | $550,000 |
| 2013-10-16 | Listed for sale | $550,000 |
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