Listing by: Jin Lee, Stanfles Realty

2 Beds

1 Bath

1,168 SqFt

Active

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.

Property Details
Price $1,200,000
Bedrooms 2
Full Baths 1
Half Baths 0
Total Baths 1
Lot Size 40x135
Lot Size Area 5411
Lot Size Area Units Square Feet
Acres 0.1242
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1915
View None
Heating None
Laundry Features Inside
Pool features None
Parking Description Driveway
Parking Spaces 2
Geographic Data
Directions exposition blvd & 37th
County Los Angeles
Latitude 34.019716
Longitude -118.305428
Market Area C34 - Los Angeles Southwest
Address Information
Address 1572 W 37th Place, Los Angeles, CA 90018
Postal Code 90018
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Stanfles Realty
Listing Agent Jin Lee
Special listing conditions Standard
MLS Information
Days on market 11
MLS Status Active
Listing Date Oct 19, 2024
Listing Last Modified Oct 31, 2024
Tax ID 5041033023
MLS Area C34 - Los Angeles Southwest
MLS # 24454851

This information is believed to be accurate, but without any warranty.
Menu