1525 W 37th Street
Los Angeles, CA, 90018
$800,000
Original list price: $880,000
MLS: 26857625
Beds
2
Baths
2
Sq Ft
894
Lot
0.15 ac
Year Built
1905
MLS #
26857625
Days on Market
121
Listed
Jul 9, 2026
Description
We are pleased to present 1525 W. 37th Street, a value-add opportunity located just a few blocks from the University of Southern California (USC). Situated on an approximately 6,400 SF lot, the property is currently improved with an owner-occupied single-family residence that will be delivered 100% vacant at closing. The property offers several potential strategies for a new owner. A buyer could renovate the existing home for personal use or resale, live in the front house while exploring the addition of an ADU in the rear for rental income, or evaluate the site for a larger redevelopment opportunity. The LAR2 zoning provides additional long-term potential, while the large lot gives buyers flexibility to improve and add value over time. Located near USC, University Village, public transportation, dining, shopping, and major employment centers, the property offers a unique opportunity for an owner-user, investor, or developer looking for a well-located property with multiple paths to create value.
Location
Los Angeles, Los Angeles County, CA 90018
Open on Google Maps ↗Listed by: Adam Shamooelian · Keller Williams Beverly Hills
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,311
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $80,000 · Loan: $720,000
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,878
- Property tax (1.25%)
- $833
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
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 $28,000 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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