1037 S Vermont Ave, Los Angeles, CA 90006
SOLDOCT 24, 2023

1037 S Vermont Ave
Los Angeles, CA 90006

Harvard Heights
  • 10 Beds
  • 10 Baths
  • 8,066 sqft (on 0.25 acres)
  • 10 Beds
  • 10 Baths
  • 8,066 sqft (on 0.25 acres)

$1,340,000

Last Sold: Oct 24, 2023
23% below list $1.75M
$166/sqft
Est. Refi. Payment $8,603/mo*
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Homes for Sale Near 1037 S Vermont Ave

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Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from October 24, 2023
We are pleased to present 1037 S. Vermont, a ten-unit courtyard-style bungalow complex located in a federal opportunity zone just south of Koreatown. Residing on a spacious 10,857 SF lot zoned LAC2, the property features (10) 1-bdrm. units that offer approx. 100% rental upside compared to renovated units in the area. 1037 S. Vermont is offered at $217 per foot, $175,000 per unit, 7.29 market GRM, and 10.11% market CAP. The property is across the street from a Grubb Properties project spanning a city block, featuring 228 units and 50,000 SF of commercial space (ground-floor leased by Target). Please note that 1037 S. Vermont is offered in conjunction with a twelve-unit property not subject to LA City rent control, 1144 Elden Ave, three blocks east of the subject property.
Property Website

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$166/sqft
Listed
180+ days ago

Home Details for 1037 S Vermont Ave

Interior Features

Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 10
Dimensions and Layout
Living Area: 8066 Square Feet
Appliances & Utilities
Appliances: Freezer, Range/Oven, RefrigeratorLaundry: NoneRefrigerator
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1Levels: One
View
No ViewView: None
Security
Security: Gated

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Bungalow

Price & Status

Price
List Price: $1,750,000Price Per Sqft: $166/sqft
Status Change & Dates
Off Market Date: Tue Sep 26 2023

Active Status

MLS Status: Sold

Location

Direction & Address
City: Los Angeles

Building

Building Area
Building Area: 8066 Square Feet

Lot Information

Lot Area: 10855.152 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23-293737Listing Url
Last check for updates: about 22 hours ago
Listed by Kenny Stevens DRE # 01090251, (310) 968-7005
Compass, (310) 230-5478
Matthew Hoult DRE # 02112916, (310) 867-9822
Christie's AKG, (424) 249-7162
Bought with: Kenny Stevens DRE # 01090251, (310) 968-7005, Compass, (310) 230-5478
Source: CLAW, MLS#23-293737

Price History for 1037 S Vermont Ave

DatePriceEventSource
10/24/2023$1,340,000Sold
CLAW #23-293737
10/02/2023$1,750,000PendingCLAW #23-293737
07/24/2023$1,750,000Listed For SaleCLAW #23-293737

Comparable Sales for 1037 S Vermont Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
951 S Berendo St, Los Angeles, CA
0.21
Multi-Family Home
$1,750,000
08/14/23
14
6
4,349
1211 S Mariposa Ave #3, Los Angeles, CA
0.46
Multi-Family Home
$1,420,000
06/21/23
10
5
4,142
1810 S Berendo St, Los Angeles, CA
0.73
Multi-Family Home
$1,750,000
03/12/24
11
8
6,203
1040 S Lake St, Los Angeles, CA
0.61
Multi-Family Home
$2,250,000
03/26/24
20
16
7,392
425 S Rampart Blvd, Los Angeles, CA
1.10
Multi-Family Home
$1,615,000
10/26/23
12
10
9,260
812 S Grand View St, Los Angeles, CA
0.74
Multi-Family Home
$2,010,000
05/31/23
17
12
7,476
1822 S New England St, Los Angeles, CA
0.79
Multi-Family Home
$1,300,000
11/29/23
8
4
4,506

Assigned Schools

These are the assigned schools for 1037 S Vermont Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

Harvard Heights
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Neighborhood stats provided by third party data sources.

What Locals Say about Harvard Heights

  • Trulia User
    "tons of Salvadoran food and festivities for the Salvadoran community. but there is never any parking and tons of parking tickets everywhere for every single day."
    1
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  • Angel G.
    "It’s not the best looking but overall the 20 years I’ve lived here it has dramatically changed for the better and it’s only getting much more safe , it’s still has it’s sketchy points but none really is in danger like before "
    6
    Flag
  • Yesenia R.
    "People drive poorly and very fast. Lots of homeless and tagging. Hard to find parking. Neighborly people. Street vendors do pass here everyday. Parks are close by. Stores and restaurants are walking distance."
    4
    Flag
  • Alexander R.
    "No one picks up their poop most dogs are behind a fence though so that is nice if your dog is not friendly "
    1
    Flag
  • Robert A.
    "No parking, people own more then 3 cars per family Cops don’t respond Too many felons home programs No Walmart or Costco near by "
    1
    Flag
  • Guadalupe C.
    "the homeless population has gone up in this area and so has the crime. it's not safe to walk around with kids after sunset."
    1
    Flag
  • Henry V.
    "Its an okay neighborhood.... I’ve been living here for over 7 years. It’s walkable Though the area could be cleaner"
    12
    Flag
  • Leo Y.
    "We just rescued a dog which abandoned by his owner in our neighborhood. I feel the dog owners are not responsible. They don’t pick after their dogs, and the street is covered with dog poops. "
    3
    Flag
  • Trulia User
    "It’s dangerous. Not the safest place to move or live at. LAPD is always out here. The helicopter is flying a couple times a week"
    10
    Flag
  • Diana
    "It’s a great place to grow up. There is always nice familiar faces around. Except around liquor stores or bars around here. The parks are nice and there is a lot of houses around. "
    1
    Flag
  • Bandaide
    "Our neighborhood is predominantly Hispanic and a religious one at that. So from October to December we have events that bring several people from the neighborhood to celebrate in prayer first then music and enjoy food at a couple of neighborhoods houses. "
    18
    Flag
  • corearodriguez0605
    "It's safe every one is on your back their like family we clean our front sidewalks we greet people when they pass by"
    1
    Flag
  • Lizeth16 p.
    "My hood has a number of Metro buses running regularly. You can catch the metro taking a 15-20 min bus ride depending on traffic"
    0
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  • Jessica A.
    "I’ve live here for 3 years now, it’s very quiet and calm, the only thing I don’t like it’s the parking situation because there’s people that parks in double parkings and don’t let space for others to park "
    3
    Flag
  • Guadalupe C.
    "There's great food and a mixing pot of cultures. we're right next to Downtown LA Staples Center and Hollywood."
    0
    Flag
  • Bjlee46
    "ACCESS TO JOBS IN THE INNER CITY OR WESTSIDE. GOOD PUBLIC TRANSPORTATION. MANY TRADE SCHOOLS AND EDUCATIONAL SCHOOLS NEARBY. ACCESS TO MANY ETHNIC EATERIES AND ENJOY THE VARIED CULTURAL EXPERIENCE CITY LIVING BRINGS."
    1
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LGBTQ Local Legal Protections

© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 1037 S Vermont Ave

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Off Market Homes Near 1037 S Vermont Ave

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1037 S Vermont Ave, Los Angeles, CA 90006 is a 10 bedroom, 10 bathroom, 8,066 sqft multi-family built in 1922. 1037 S Vermont Ave is located in Harvard Heights, Los Angeles. This property is not currently available for sale. 1037 S Vermont Ave was last sold on Oct 24, 2023 for $1,340,000 (23% lower than the asking price of $1,750,000). The current Trulia Estimate for 1037 S Vermont Ave is $1,399,700.