1572 W 37th Place
Los Angeles, CA 90018
1168 sqft | 2 beds | 1 bath | 0.12 acres | #24454851
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 Details
- Bedrooms2
- Bathrooms1
- Full Baths1
Property Details
- Stories1
Measurements
- Acres0.1242
- Square Feet1168
Construction Details
- Property TypePurchase
Condition
- Year Built1915
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,200,000
Other
- MLS #24454851
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jin Lee (#CLW-C130795)
Listing Office: Stanfles Realty (#CLW-X82369)
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