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Active

$1,500,000

1465 W 37th Place, Los Angeles, CA, 90018

Description

Bedroom

33 Rooms

Bathroom

0 Bath

Square Foot

9718 Ft

Lot Size

6842.00 Acres

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

Contact Agent

Los Angeles Expert Agent

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Additional Listing Details:

1 day on HouseJet

Last Refresh: 06/15/2025 07:00:03 PM UTC

MLS #: OC25133434

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