1574 W 37th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $1,446
MLS Listing ID 24428835
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1915
Lot Size 6,185 Sqft
Acres 0.142
Property Description
We are pleased to present the opportunity to acquire this Ready-to-Issue Student Housing Construction project of 3 Residential Units totaling 30bd + 30bths, a couple of blocks away from the University of Southern California (USC). Located on 1574 W. 37th Street, this project will be delivered RTI prior to closing. The 3-story design consists of 2 residential units(10bd + 10bth each) + 1 ADU(10bd + 10bth) fully stacked with identical floor plans totaling 8,676 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. The site comes with an SB8 Determination Letter that states that no affordable units are required in the new development! 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
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Pool None
View Y/N Yes
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 5041026021
Special Listing Condition Standard