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1572 37th Place

Los Angeles, CA 90018

$1,200,000 Price
Est. Payment: $ 0/mo
2
Bed
1
Bath
1,168 Sq. Ft.
$1,027 / Sq. Ft.

1572 37th Place

Los Angeles, CA 90018

$1,200,000 Price
$0/mo
2
Bed
1
Bath
1,168
Sq. Ft.
1 /
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.
PROPERTY INFORMATION
MLS # 24454851 Lot Size 5,411 Sq. Ft.
HOA Fees $0/Monthly Property Type Single Family Residence
Price $ 1,200,000
Price Per SqFt: $ 1,027
DOM 245 Days
Address 1572 37th Place Type Residential
City Los Angeles Sq.Ft. 1,168 Sq. Ft.
Postal Code 90018 Garage N/A
County Los Angeles Year Built 1915
Bed / Bath 2 / 1 Parking 2
Built In 1915 Status Active
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Inside
Has Fireplace No
Fireplace Information None
Has Appliances Yes
Has Heating No
Heating Information None
Room Information Family Room
Has Cooling No
Cooling Information None
Flooring Information Tile, Laminate
Has Spa No
SpaDescription None
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,280
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/19/2024 Listed $1,200,000
Topfind Realty

Topfind Realty

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Listing provided courtesy of Jin Lee, Stanfles Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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