Listing Agent: Jin Lee      Broker/Office: Stanfles Realty
1572 37th Place W Los Angeles CA 90018
$ 985,000
  2   |    1   |    1168 Sq Feet

Listing ID

#25625859

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1915

Days on website

2

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 has RTI. 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.
Location
Financial Information
List Price:  $ 985000
Property Features
Flooring:  Laminate, Tile
Furnished:  Unfurnished
Laundry Features:  Inside
Levels:  One
Parking Features:  Driveway
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  C34 - Los Angeles Southwest
City:  Los Angeles
Listed By:   Jin Lee   Stanfles Realty 
CA Lic#