9
See all 9 photos
$1,095,000
Est. payment /mo
26 Beds
26 Baths
1,168 SqFt
New
1572 W 37th PL Los Angeles, CA 90018
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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 $937
MLS Listing ID 25541021
Bedrooms 26
Full Baths 26
HOA Y/N No
Year Built 1915
Lot Size 5,410 Sqft
Property Sub-Type Single Family Residence
Property Description
We are pleased to present the opportunity to acquire this Ready-to-Issue Student Housing Construction project of 5 Residential Units totaling 26bd + 26bths, a couple of blocks away from the University of Southern California (USC). Located on 1572 W. 37th Place, this project will be delivered RTI permits prior to closing. The design consists of a large duplex + JADU(3 6bd +6bth units) in the front of the lot, with an additional 2 detached ADUs(4bd + 4bth Each) in the rear, with the development totaling 6,774 SF of rentable square footage. The property benefits from a straightforward construction process, which will help any developer save on costs and expedite project completion. Expertly designed for co-living, each floor has ample living space for the tenants to enjoy as well as a private bathroom in each bedroom suite. In addition to renting to students, the property also offers dual-use potential: it can be rented to affordable housing programs, with the possibility of earning up to $1,200 per room in rent (Buyer to Verify). The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment. Please contact listing agent for more details!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Pool None
View Y/N Yes
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5041033023
Special Listing Condition Standard
Listed by Adam Shamooelian • Keller Williams Beverly Hills