Primary listing photo

1572 W 37th Pl, Los Angeles, CA, 90018

2beds
1baths
1,168sqft
$985,000
$843price/sqft
$6,534/moest. monthly cost
$261,360/yrincome needed

About This Home

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 has RTI. 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.

Getting Around

77
WalkingVery Walkable
61
TransitGood Transit
83
BikeVery Bikeable

Schools

6/10
Foshay Learning CenterGrades K-120.1 mi
3/10

Construction

Condition

  • Year built: 1915

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: Inside,Gas Or Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Tile,Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,168
  • Total interior livable area: 1,168 sqft

Property

Details

  • Parcel number: 5041033023
  • Zoning: LAR2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 5,410 sqft
  • Lot size dimensions: 40 x 135

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has uncovered spaces: Yes