1574 W 37Th Street, Los Angeles, CA 90018
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Listed Price :
$1,250,000
-
Beds :
2
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Baths :
1
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Property Size :
864 sqft
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Year Built :
1915
Property Description
We are pleased to present the opportunity to acquire this Ready-to-Issue Student Housing Construction project of 3 Residential Units totaling 30bd + 30bths, a couple of blocks away from the University of Southern California (USC). Located on 1574 W. 37th Street, this project will be delivered RTI prior to closing. The 3-story design consists of 2 residential units(10bd + 10bth each) + 1 ADU(10bd + 10bth) fully stacked with identical floor plans totaling 8,676 SF of rentable square footage. The property benefits from a straightforward construction process, which will help any developer save on costs and expedite project completion. Expertly designed for co-living, each floor has ample living space for the tenants to enjoy as well as a private bathroom in each bedroom suite. The site comes with an SB8 Determination Letter that states that no affordable units are required in the new development! In addition to renting to students, the property also offers dual-use potential: it can be rented to affordable housing programs, with the possibility of earning up to $1,200 per room in rent (Buyer to Verify).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. Please contact listing agent for more details!
Interior Features
| Laundry Information |
| Location(s) |
See Remarks |
| Bedroom Information |
| Bedrooms |
2 |
| Bathroom Information |
| Bathrooms |
1 |
Listing Information
| Address |
1574 W 37Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90018 |
| County |
Los Angeles |
| Listing Agent |
Adam Shamooelian DRE #02116849 |
| Courtesy Of |
Keller Williams Beverly Hills |
| List Price |
$1,250,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
864 |
| Lot Size |
6,186 |
| Year Built |
1915 |
Listing information courtesy of: Adam Shamooelian, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:31 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.
