
Los Angeles, California 90018
This Modern Dual-Unit Income Property is listed at $1,300,000—positioned below the $1,324,164 Fair Market Value by 1%. This valuation offers $24,164 in Instant Equity. Boasting an Excellent Condition Rating, the 2016-built duplex features Solar Panels, an EV Outlet, and Granite Kitchens. Its prime location near USC and the Foshay Learning Center ensures robust rental demand and modern urban convenience. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack in a high-growth Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1737 W 37th Street Subject | $1,300,000* List Price | 0 | 0 | 2,515 | $527 | - |
A 2947 Dalton Sold | $1,503,870 | 6 | 6 | 2,720 | $553 | 0.5 mi |
B 2947 Dalton Sold | $1,503,870 | 0 | 0 | 2,720 | $553 | 0.5 mi |
C 1743 W 37th Street Active | $1,300,000 List Price | 0 | 0 | 2,515 | $517 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is only 8 years old, fitting the 'built within 10 years' criteria for an excellent rating. The description and images confirm modern, high-quality features throughout, including elegant hardwood floors, stainless steel appliances, granite countertops, and wood cabinets in the kitchen. It boasts energy-efficient systems like central AC/heating, double-pane windows, solar panels, a tankless water heater, and an EV outlet. The overall condition appears virtually new with no signs of deferred maintenance.
This property is explicitly marketed as a 'great investment opportunity' due to its conversion into a two-unit duplex (4-bed/3-bath and 3-bed/2-bath), offering significant rental income potential.
Its unbeatable location near USC, major hospitals, museums, and shopping centers ensures high rental demand from students, professionals, and medical staff, contributing to consistent occupancy.
Built in 2016, the property boasts modern amenities including central AC/heating, double-pane windows, solar panels, a tankless water heater, and an EV outlet, promising comfort and lower utility costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3601, other record lot size in square feet = 3840.
With a lot size of 3601 sqft for a duplex, the property may offer limited private outdoor space for residents, which can be a drawback for some tenants or future buyers.
As an income-generating duplex, the property requires active landlord involvement for tenant management, maintenance, and potential vacancy handling, which may not suit all investors.
It is a great investment property opportunity!! This exceptional 2016-built SFR converted in two-unit property features a 4-bed, 3-bath ground unit and a 3-bed, 2-bath upper unit. Its prime location near USC, schools, Museums, healthcare, and shopping centers ensures strong rental demand and modern urban convenience. The property is designed for high-end urban living and includes dedicated parking spaces for residents. The interior is an open floor that features a family room with elegant hardwood floors and energy-efficient double-pane windows. The kitchen includes stainless steel appliances, granite countertops, wood cabinets, a garbage disposal, and a tile floor. Comfort is guaranteed year-round with a central AC unit, heating, and ceiling fans throughout all bedrooms and bathrooms. This forward-thinking home is uniquely equipped with solar panels, a tankless water heater, and a dedicated electric vehicle (EV) outlet. For ultimate convenience, the units include in-unit washer/dryer hookups and are fully cable-ready. The exterior is equally impressive, featuring high-end pavers across the driveway and building perimeter, a secure block wall fence, and additional private storage. The location is unbeatable; professionals, students, and investors will benefit from a central location just minutes away from Los Angeles’ top destinations, USC University Park Campus, LA Trade-Tech, Natural History Museum, Exposition Park Rose Garden, California Science Center, California Hospital Medical Center, and Saint Vincent Medical Center. A Community Rich in Heritage, Leimert Park Village offers a soulful collection of galleries, authentic eateries, and historic landmarks like the Art Deco Vision Theatre. Live where heritage meets modern convenience in one of LA’s most iconic communities.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,515 | 2,516.5 | 50% |
| Lot Size | 3,601 | 6,277.5 | 6% |
| Price | $1.30M | $980.5K | 75% |
| Price per sq ft | $517 | $425 | 75% |
| Built year | 2016 | 1924 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 220 | 13% |
Jan 31, 2026
$1,300,000
Initial Listing
Nov 5, 2013
$250,000
Public Record