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$ 1,250,000
Est. payment /mo
New
1637 W 37th Street Los Angeles, CA 90018
4 Beds
2 Baths
1,589 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,589 sqft
Price per Sqft $786
MLS Listing ID CRWS25234230
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1924
Lot Size 6,811 Sqft
Acres 0.1564
Property Sub-Type Single Family Residence
Property Description
Rare offering just minutes from the University of Southern California (USC)! This property is being delivered RTI (Ready-To-Issue) with fully approved plans for a new 3-story duplex plus an attached ADU. Altogether, the project is designed to create 31 suites - each with a private bedroom and bathroom, complemented by expansive kitchens and large common areas, perfect for modern co-living or student housing. Currently, the lot features a single-family residence in livable condition, allowing flexibility for immediate rental income while preparing for construction. The thoughtfully designed plans maximize the site's potential under R2 zoning, providing investors and developers with a rare opportunity to bring a high-demand housing product to the USC area. Key Highlights: RTI approved for duplex + ADU, totaling 31 beds & 31 baths Prime location adjacent to USC – ideal for student housing Elimination of SB 8 and No Rent Stabilization Ordinance (RSO) for this property, offering greater freedom in rental strategy Delivered with complete drawings, engineering, and city approval for immediate build-out Current structure: single-family home in decent condition on site Close to major freeways, dining, shopping, and Downtown Los Angeles This is a turnkey development opportunity with all
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 2.0
Pool None
View Y/N false
View None
Total Parking Spaces 2
Private Pool false
Building
Story 1
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 5041022024
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Listed by ANITA LEE • Wetrust Realty
