CA > Los Angeles
Los Angeles, CA 90018,1572 W 37th Pl
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GUIDE SoCal

GUIDE SoCal

$ 1,200,000
Est. payment /mo
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1572 W 37th Pl Los Angeles, CA 90018

2 Beds

1 Bath

1,168 SqFt

UPDATED:

10/20/2024 03:27 AM

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

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Stanfles Realty

GUIDE SoCal

Broker | License ID: DRE#01976964

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1572 W 37th Pl