Los Angeles, CA 90018,1574 W 37th ST
Los Angeles, CA 90018,1574 W 37th ST
Los Angeles, CA 90018,1574 W 37th ST
8
$1,188,000
$1,250,000
5.0%
Est.Price: ?

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2 BD
1 BA
864 SqFt

1574 W 37th ST Los Angeles, CA 90018

Est. payment /mo
SOLD DATE : 10/29/2024

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Key Details

Sold Price $1,188,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $1,375

MLS Listing ID 24428835

Sold Date 10/29/24

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1915

Lot Size 6,185 Sqft

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!

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR2

Interior

Furnishings Unfurnished

Fireplace No

Laundry See Remarks

Exterior

Pool None

View Y/N Yes

Private Pool No

Building

Story 1

Entry Level One

Architectural Style See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5041026021

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Adam Shamooelian • Keller Williams Beverly Hills
Bought with Adam Shamooelian • Keller Williams Beverly Hills

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Kimber Wuerfel

Team Leader | License ID: 01314386

+1(714) 812-9155

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