Property listed by Stanfles Realty, Jin Lee 888-863-2820
$1,200,000
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… Read More units. The project will be delivered RTI (Ready-to-Issue permits) prior to closing. 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. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,168
Lot Size
0.12 Acres
Year Built
1915
MLS Number
24454851
30 Days Snapshot Of 90018
$
+36%
(avg) sold price
6
-45%
homes sold
79
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1915, Building area total: 1,168, Levels: One, Living area: 1168, 1 story, Common walls: NoCommonWalls
Cooling
None
Fireplaces
None
Floors
Laminate, Tile
Heating
None
Laundry
Inside
Lot
0.1242 acres, 5,411 square feet, Size: 5,411
Parking
2 totals parking, Driveway
Pool
None
Property
Zoning: LAR2, None
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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