1465 W 37th Place
Los Angeles, CA 90018
9718 sqft | 33 beds | 0.16 acres | #OC25133434
Description
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.
Property Details
- InteriorBedroomOnMainLevel, DressingArea, MainLevelPrimary
- Lot DescriptionThirtyOneToThirtyFiveUnitsAcre
- School DistrictLos Angeles Unified
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,500,000
- MLS #OC25133434
- MLS #OC25133434
- Property TypePurchase
- Cost1500000
- Acres0.1571
- Utility SourcePublic
- Property SubtypeDuplex
- Structure TypeDuplex
- Square Feet9718
- Year Built2025
- Bedrooms33
- Stories1
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Cayenne Kuang (#SKUANKAI)
Listing Office: Spectrum Realty (#H06644)
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