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.