FOR SALE
$1,200,000

1572 W 37th Place
Los Angeles, CA 90018

Single Family
Residential
2
Beds
1
Baths
1,168
Sq. Ft.
0.1242
Acre Lot
Listing Agent: Jin Lee CalDRE: 01787408 - Stanfles Realty;
CRMLS Homeseekers> California> Los Angeles> 90018
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.
24454851
Residential - Single Family, 1 Story
2
1 Full
1915
Los Angeles
0.1242 Acres
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Jin Lee CalDRE: 01787408 - Stanfles Realty;
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