1572 W 37th Pl new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,168 sqft
Price per Sqft $1,027
MLS Listing ID 24-454851
Style Unknown
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1915
Lot Size 5,411 Sqft
Acres 0.1242
Property Description
We are excited to offer a unique opportunity to acquire an opportunity to build a premier student housing development, just two blocks from the University of Southern California (USC). Situated at 1572 W. 37th Street, this project features 3 residential units totaling 25 bedrooms and 25 bathrooms across 5 distinct units. The project will be delivered RTI (Ready-to-Issue permits) prior to closing. The 3-story building design includes two residential units, with 17 bedrooms and 17 bathrooms. Additionally, there are two detached ADUs, each with 8 bedrooms and 8 bathrooms, totaling 8,590 square feet of rentable space. This project offers a streamlined construction process, allowing developers to reduce costs and accelerate completion. Purpose-built for co-living, every floor provides spacious common areas and each bedroom comes with its own private bathroom, ensuring tenant comfort and privacy. Beyond its student housing potential, this property offers flexibility, with the option to rent to affordable housing programs has potentially steady rental income. With its highly desirable location near USC, tenants will enjoy easy access to campus, University Village, and all the amenities that the area offers. Don't miss out on this opportunity contact the listing agent for further details! Please note that the buyer is responsible for conducting all due diligence regarding property conditions, zoning. SOLD AS IS. Buyer to verify all permits and records with city.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LAR2
Rooms
Family Room 1
Other Rooms None
Dining Room 0
Interior
Heating None
Cooling None
Flooring Tile, Laminate
Fireplaces Type None
Equipment Gas Or Electric Dryer Hookup
Laundry Inside
Exterior
Garage Driveway
Garage Spaces 2.0
Pool None
View Y/N No
View None
Building
Story 1
Architectural Style Unknown
Level or Stories One
Others
Special Listing Condition Standard