1431 W 37th Drive
Los Angeles, CA, 90018
(No pictures available yet)
$825,000
MLS: NS26093364
Beds
2
Baths
1
Sq Ft
1,637
Lot
0.16 ac
Year Built
1909
MLS #
NS26093364
Days on Market
1
Listed
May 4, 2026
Description
GREAT OPPORTUNITY — WALK TO USC-LESS THAN ONE MILE!!! Major rehab or potential redevelopment property in high-demand South Los Angeles near USC and Exposition Park. Classic Craftsman-style home ready for transformation. County records show 2 bedrooms; property includes an additional room. Buyer to verify. Property offers significant improvement potential and is ideal for experienced investors, contractors, or developers looking to transform and maximize value. Sold strictly AS-IS. Seller will make no repairs, credits, termite clearance, or warranties. Buyer to independently verify all information, conduct all inspections and verify square footage, lot size, zoning, and development potential. Buyer advised to conduct comprehensive inspections and investigations prior to submitting offer. Trust Sale. Proof of funds required with all offers. Serious investors only. Cash or hard money preferred. Listing broker and seller make no representations as to condition, permits, zoning, or development potential. Inspection report available to buyer after offer submission.
Location
Los Angeles, Los Angeles County, CA 90018
Open on Google Maps ↗Listed by: Virgie Vincent · Ernie Caponera, Inc.
Payment estimate
$6,167
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $82,500 · Loan: $742,500
- Principal & Interest
- $4,698
- Property tax (1.25%)
- $859
- Homeowners insurance
- $300
- Mortgage insurance
- $309
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $28,875 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90018 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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