1572 W 37Th Place, Los Angeles, CA 90018
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Listed Price :
$1,200,000
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Beds :
2
-
Baths :
1
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Property Size :
1,168 sqft
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Year Built :
1915
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.
Interior Features
Laundry Information |
Location(s) |
Inside |
Bedroom Information |
Bedrooms |
2 |
Bathroom Information |
Bathrooms |
1 |
Flooring Information |
Material |
Laminate, Tile |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
1572 W 37Th Place |
City |
Los Angeles |
State |
CA |
Zip |
90018 |
County |
Los Angeles |
Listing Agent |
Jin Lee DRE #01787408 |
Courtesy Of |
Stanfles Realty |
List Price |
$1,200,000 |
Status |
Active |
Type |
Residential |
Subtype |
Single Family Residence |
Structure Size |
1,168 |
Lot Size |
5,411 |
Year Built |
1915 |
Listing information courtesy of: Jin Lee, Stanfles Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 27th, 2024 at 12:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.