Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1572 37th Place, Los Angeles, CA 90018
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    • MLS#: 24454851 ( Single Family Residence )
    • Street Address: 1572 37th Place
    • Viewed: 1
    • Price: $1,150,000
    • Price sqft: $985
    • Waterfront: No
    • Year Built: 1915
    • Bldg sqft: 1168
    • Bedrooms: 2
    • Total Baths: 1
    • Full Baths: 1
    • Garage / Parking Spaces: 2
    • Days On Market: 173
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90018
    • Provided by: Stanfles Realty
    • Contact: Jin Jin
    • California Regional MLS IDX
    • DMCA Notice
    • 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, 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.
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    Features
    Common Walls
    1. No Common Walls
    Cooling
    1. None
    Country
    1. US
    Fireplace Features
    1. None
    Flooring
    1. Tile
    2. Laminate
    Heating
    1. None
    Laundry Features
    1. Inside
    Levels
    1. One
    Parcel Number
    1. 5041033023
    Parking Features
    1. Driveway
    Pool Features
    1. None
    Postalcodeplus4
    1. 4516
    Property Type
    1. Single Family Residence
    Spa Features
    1. None
    View
    1. None
    Year Built
    1. 1915
    Zoning
    1. LAR2
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836