For Sale

1183 W 37th Dr

1183 W 37th Dr, Los Angeles, CA 90007

$875,000

Prime redevelopment opportunity steps from the University of Southern California's main campus. The owner has approved plans for a 3-bedrooms (could have 4 beds) /3-bathh ADU and main house remodel 3bd/2ba with office/bonus room. Nestled within the DPS and CSC patrol zones, and walking distance to Exposition Park the site of iconic landmarks such as the LA Memorial Coliseum, the Banc of California Stadium, and the forthcoming $1 billion George Lucas Narrative Art Museum the property benefits from an unbeatable location that continues to attract investment and development interest. The site is also within easy walking distance of the Metro Light Rail Expo Line, which provides direct access to Downtown Los Angeles and Santa Monica. 1,036 sqft, owner-occupied, single-family home featuring two bedrooms, one bathroom, a spacious living room, dining room, den, and laundry room, the property is being offered vacant at the time of sale. Redevelopment potential of the 4,000 square foot LARD2-zoned lot. Ideal use is for a tear-down and new student housing construction. By-right development would allow for two new units (buyer to verify with the city). This offering provides a rare opportunity for an investor or developer to capitalize on the strong demand for student housing in the USC submarket by operating the existing structure during the entitlement process or immediately pursuing new construction to maximize the site's value.

2
beds

1
bath

1,036 Sq.Ft. LIVING AREA

4,000 Sq.Ft. lot

image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 1183 W 37th Dr, Los Angeles, CA 90007. We are reviewing your request and will be in touch shortly!
Chris Furstenberg

Chris Furstenberg

Howard Lorey

Howard Lorey

Features & Amenities

Interior

  • total bedrooms2
  • Total bathroom1
  • full bathroom1
  • Laundry room Room
  • Flooring Hardwood
  • Fireplace Decorative
  • APPLIANCES Range/Oven, Refrigerator

Area & Lot

  • Status For Sale
  • Living Area1,036 Sq.Ft.
  • Lot Area4,000 Sq.Ft.
  • MLS® ID25522421
  • TypeResidential
  • YEAR BUILT1921
  • View DescriptionNone

Exterior

  • PoolNone
  • parkingDriveway
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGOther

Financial

  • Sales Price$875,000
  • Zoning LARD2

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
$0,000 Your Payment 20 15 65
$0,000 Your Payment
Map