1165 W 37Th Place, Los Angeles, CA 90007

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Property Description

We are pleased to present the opportunity to acquire this 7,000 SF lot Student Housing Development opportunity located at 1165-1167 W. 37th Place, half a block away from the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right and 7 units using the TOC Tier 3 Density Bonus, as well as the opportunity to add multiple ADU's (buyer to verify). There is an owner occupied duplex currently on the lot, which will be delivered 100% vacant (seller to assist in SB8 exemption). The property offers residents a highly desirable location with close proximity to campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment. Additionally, the property is located in the DPS patrol zone, providing security for the area.

Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 1165 W 37Th Place
City Los Angeles
State CA
Zip 90007
County Los Angeles
Listing Agent Adam Shamooelian DRE #02116849
Co-Listing Agent Max Bautista Jr. DRE #01477568
Courtesy Of Keller Williams Beverly Hills
Close Price $1,825,000
Status Closed
Type Land
Structure Size N/A
Lot Size 7,000

Listing information courtesy of: Adam Shamooelian, Max Bautista Jr., Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 18th, 2024 at 5:47 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.