1870 W 37th Place, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 0 bath
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1870 W 37th Place
Los Angeles, California 90018
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,823Sq Ft
5,788Lot Size
Property Price
LIST PRICE$1,049,000
EST. MARKET VALUE
$984,410
6% AboveMARKET VALUE
SUMMARY
This 1921 triplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,049,000. While the property is currently priced above the $984,410 Fair Market Value, its Condition Rating of 5 underscores a significant Value-Add Opportunity for those capable of executing a full rehabilitation. With a 7-bedroom, 3-bathroom configuration and a 5,788-square-foot lot, this asset is positioned to capture robust rental demand near the USC campus. This project is best suited for Buy-and-Hold Investors or Contractors seeking to modernize a classic multi-family asset.
Estimated Market Value
$984,410
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1870 W 37th Place Subject 0 bd · 0 ba · 2,823 sqft · $349 | $1,049,000* List Price | 0 | 0 | 2,823 | $349 | - |
A 1729 W 35th Street Sold 0 bd · 0 ba · 2,714 sqft · $363 · 0.4 mi | $985,552 | 0 | 0 | 2,714 | $363 | 0.4 mi |
B 1457 W 37th Active 0 bd · 0 ba · 2,613 sqft · $381 · 0.7 mi | $995,000 List Price | 0 | 0 | 2,613 | $381 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1921, this 100+ year old triplex is explicitly marketed as a 'value add' and 'massive potential' project, indicating a need for significant rehabilitation. Exterior images show deferred maintenance, dated windows, and aging infrastructure consistent with a property requiring a full overhaul of kitchens, baths, and systems.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated near the USC campus and major transit lines, the property benefits from consistently high tenant demand and a vibrant urban setting.
- Multi-Unit Income Potential
As a triplex with a 7-bedroom configuration, this property offers significant rental upside and versatility for investors or owner-occupants.
- Value-Add Opportunity
The property presents a substantial opportunity to build equity through renovations and modernization, capitalizing on its classic 1921 architecture.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance Potential
Given its 1921 construction and 'value-add' labeling, the property likely requires significant capital expenditure for repairs and system upgrades.
- Limited Bathroom Count
With only 3 bathrooms serving 7 bedrooms across three units, the layout may be less appealing to modern tenants expecting higher bathroom-to-bedroom ratios.
About 1870 W 37th Place
Welcome to this classic 1921 multi-family triplex located in a vibrant and accessible pocket of Los Angeles. Offering a total building size of approximately 2,823 square feet situated on a generous 5,793-square-foot lot, this property presents an exceptional value add or portfolio builder for savvy investors and owner-occupants alike. The property features a combined total of 7 bedrooms and 3 bathrooms spread across its multi-unit setup, offering functional footprints with strong rental upside. Centrally located with convenient access to local shopping, dining, major transit lines, and the USC campus area, making tenant demand consistently robust. Don't miss your chance to secure a versatile multi-family asset in a dynamic LA location. Bring your vision and capitalize on the massive potential this property has to offer!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1921
- Lot Size
- 5,788 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Birdielee V. Bright Elementary School
Grades K-5 • 0.2 mi
4/10
Tom Bradley Global Awareness Magnet School
Grades K-5 • 0.6 mi
2/10
Martin Luther King Jr. Elementary School
Grades K-5 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,823 | 2,090.331 |
| Lot Size | 5,788 | 5,852.908 |
| Price | $1.05M | $830.9K |
| Price per sq ft | $372 | $394 |
| Built year | 1921 | 1928 |
| HOA | $0 | $0 |
| Days on market | 54 | 87 |
Pricing History
Listed for Sale
Sep 16, 2026
$1,049,000
Initial Listing