We are pleased to present the opportunity to acquire this Ready-to-Issue Student Housing Construction project of 5 Residential Units totaling 26bd + 26bths, a couple of blocks away from the University of Southern California (USC). Located on 1572 W. 37th Place, this project will be delivered RTI permits prior to… Read More closing. The design consists of a large duplex + JADU(3 6bd +6bth units) in the front of the lot, with an additional 2 detached ADUs(4bd + 4bth Each) in the rear, with the development totaling 6,774 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. 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! Read Less
Property listed by Keller Williams Beverly Hills, Adam Shamooelian 310-432-6400
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family Residence
Beds
26
Full Baths
26
Square Ft.
1,168
Lot Size
0.12 Acres
Year Built
1915
MLS Number
25541021
30 Days Snapshot Of 90018
$1.05M
-10%
(avg) sold price
9
+28%
homes sold
96
+74%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1915, Building area total: 1,168, Levels: One, Living area: 1168, 1 story, Architectural style: SeeRemarks
Laundry
SeeRemarks
Lot
0.1242 acres, 5,411 square feet, Size: 5,411
Parking
2 totals parking
Pool
None
Property
Zoning: LAR2
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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