Los Angeles, CA 90018 1572 W 37th Place

1572 W 37th Place Los Angeles, CA - Image 1
Presented By: Jin Lee with Stanfles Realty;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24454851
  • 10/19/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 1,168

Home Details

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.
Presented By: Jin Lee with Stanfles Realty;

Interior Features for 1572 W 37th Place

Bedrooms

Total Bedrooms2

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths1

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Furnished Y/NUnfurnished
Heating Y/NNo
Laundry FeaturesInside
Total Stories1

General for 1572 W 37th Place

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Directionsexposition blvd & 37th
Electric On Property Y/NNo
Full Baths1
Garage Y/NNo
HOANo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet5411.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
New ConstructionNo
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
ViewNone
Waterfront Y/NNo
Year Built1915
ZoningLAR2

Exterior for 1572 W 37th Place

Building Area Total1168.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions40x135
Lot Size Acres0.1242
Lot Size Area5411.0
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking2.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,150,000
MLS#24454851
List Date 10/19/2024
Property Type Single Family
Phone 714.742.6515
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