Listing Agent: Cayenne Kuang Broker/Office: Spectrum Realty
1465 37th Place W Los Angeles CA 90018
$ 1,500,000
33
| 9718 Sq Feet
Listing ID
#OC25133434
Status
Active
Property Type
Duplex
County
Los Angeles
Year Built
2025
Days on website
2
Description
Ready-to-Build Student Housing approx 0.5 mile from USC. Exceptional development opportunity in the heart of University Park — just steps from USC’s main campus. Fully permitted and engineered for two separate 3-story wood-frame buildings, this site is ready for immediate construction. Ideal for developers, builders, or 1031-exchange buyers looking for turnkey student rental income.
Highlights
• Prime Location: walking distance to campus, dining, and transit.
• Fully Approved Plans: Includes architectural, structural, permit-ready under LABC 2023 standards. No entitlement delays.
• Maximized Rental Yield: Two detached buildings with ideal floor plans for co-living or roommate configurations.
• Code-Compliant & Safe: Complete fire sprinkler system, seismic and wind-load engineering, modern drainage and LID plan.
• Sustainable Site Design: Features permeable paving, artificial grass, energy-efficient light fixtures, and city-approved stormwater mitigation.
• Investor-Ready Returns: Strong cap-rate area fueled by USC student demand. Options to refinance, hold, or sell as rentals or condos.
Location
Financial Information
List Price:
$ 1500000
Property Features
Community Features:
Biking
Green Energy Efficient:
Appliances, Construction, Doors, HVAC, Insulation, Lighting, Roof, Thermostat, Windows
Green Energy Generation:
Solar
High School District:
Los Angeles Unified
Levels:
One
Senior Community YN:
false
Structure Type:
Duplex
Water Source:
Public
High School District:
Los Angeles Unified
MLS Area Major:
C34 - Los Angeles Southwest
City:
Los Angeles
Senior Community YN:
false
Listed By:
Cayenne Kuang
Spectrum Realty
CA Lic#
CA Lic#