REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,500,000
Est. payment /mo
Active
1465 W 37th Place Los Angeles, CA 90018
33 Beds
9,718 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 9,718 sqft
Price per Sqft $154
MLS Listing ID OC25133434
Bedrooms 33
Year Built 2025
Property Sub-Type Townhome
Property Description
Ready-to-Build Student Housing approx 0.5 mile from USC. Exceptional development opportunity in the heart of University Park just steps from USCs 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
State CA
County Los Angeles
Zoning LAR2
Direction S Normandie and W. 37th place
Interior
Cooling Central Forced Air
Fireplace No
Appliance Solar Panels
Exterior
Garage Spaces 4.0
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 5041028017
Special Listing Condition Standard
Listed by Cayenne Kuang Spectrum Realty