1572 West 37th Place

Los Angeles, CA 90018

$1,200,000
Price
2
Beds
1
Bath
1,168 Sq. Ft.
$1,027 / Sq. Ft.
1,168
Sq. Ft.
$1,027
per Sq. Ft.

Description

We are excited to offer a unique opportunity to acquire an opportunity to build a premier student housing development, just two blocks from the University of Southern California (USC). Situated at 1572 W. 37th Street, this project features 3 residential units totaling 25 bedrooms and 25 bathrooms across 5 distinct units. The project will be delivered RTI (Ready-to-Issue permits) prior to closing. The 3-story building design includes two residential units, with 17 bedrooms and 17 bathrooms. Additionally,...We are excited to offer a unique opportunity to acquire an opportunity to build a premier student housing development, just two blocks from the University of Southern California (USC). Situated at 1572 W. 37th Street, this project features 3 residential units totaling 25 bedrooms and 25 bathrooms across 5 distinct units. The project will be delivered RTI (Ready-to-Issue permits) prior to closing. The 3-story building design includes two residential units, with 17 bedrooms and 17 bathrooms. Additionally, there are two detached ADUs, each with 8 bedrooms and 8 bathrooms, totaling 8,590 square feet of rentable space. This project offers a streamlined construction process, allowing developers to reduce costs and accelerate completion. Purpose-built for co-living, every floor provides spacious common areas and each bedroom comes with its own private bathroom, ensuring tenant comfort and privacy. Beyond its student housing potential, this property offers flexibility, with the option to rent to affordable housing programs has potentially steady rental income. With its highly desirable location near USC, tenants will enjoy easy access to campus, University Village, and all the amenities that the area offers. Don't miss out on this opportunity contact the listing agent for further details! Please note that the buyer is responsible for conducting all due diligence regarding property conditions, zoning. Sold as is. Buyer to verify all permits and records with city.
  1. Listed by Jin Lee • DRE #01787408 • Brokerage DRE #01787408 • Stanfles Realty

Property Details for 1572 West 37th Place

Zoning
LAR2
Style
Unknown
Parcel Number
5041033023
Living Area
1168
Source Living Area
Vendor Enhanced
Area
Los Angeles Southwest (C34)
Lot Size Area
5411
Source Lot Size Area
Vendor Enhanced
LISTING UPDATED: 10/30/2024 06:50 PM

Property Details for 1572 West 37th Place

StatusActive
MLS #24-454851
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1915
Lot Size0.12 AC / 5,411 SF
CountyLos Angeles County

Building Information for 1572 West 37th Place

Stories1Year Built1915Building Size-Lot Size0.12 AC / 5,411 SF

Property Information for 1572 West 37th Place

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: Owner Has R.E. License, Building Permit, Planned Development
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1242
  • Lot Size Square Feet: 5411
  • Lot Size Dimensions: 40x135
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Room Type: Family Room
  • Rooms: Family Room, Dining Area
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 1
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Flooring: Tile, Laminate
  • Equipment: Gas Or Electric Dryer Hookup
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-19-2024

Property History for 1572 West 37th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1572 West 37th Place

Taxable ValueLand$665,856Additions$166,464Total$832,320
Tax Record2024$10,234 ($853 / month)
Home Facts
Beds2Total Finished SqFt1,168 SqFtAbove Grade Finished SqFt1,168 SqFtStories1Lot Size5,409 SqFtStyleSingle Family ResidenceYear Built1915ZoningLAR2CountyLOS ANGELESAPN5041-033-023

Schools near 1572 West 37th Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 9 to 12
Charter - K to 5
Charter - 5 to 8
Rating
School
Distance
Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Stem Preparatory Academy
CharterK to 5

Public Policy Charter
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1572 West 37th Place is a single family home for sale in Los Angeles, CA 90018. This property was listed for sale on October 19, 2024 by Stanfles Realty, it's currently listed at $1,200,000. It has been on the market for a total of 34 days and was last sold on March 3, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Foshay Learning Center, Manual Arts Senior High School and Stem Preparatory Academy. 1572 West 37th Place is a 2-bed, 1-bath, 1,168 sqft single family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stanfles Realty, Jin Lee, DRE #01787408

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.