SOLD
$1,825,000
Date 03/18/2024

1165 W 37th Place
Los Angeles, CA 90007

Land
Residence
0.1607
Lot Size
Listing Agent: Adam Shamooelian CalDRE: 02116849 - Keller Williams Beverly Hills
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.
23322171
Land, Other
Los Angeles
0.1607 Acres
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Listing Agent: Adam Shamooelian CalDRE: 02116849 - Keller Williams Beverly Hills
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