1229 W 37th Drive Los Angeles, CA 90007
Listing Courtesy of: CRMLS / Listed By: Ricardo Gonzalez, Citywide Elite Realty - Contact:  323-702-1832

  1229 W 37th Drive Los Angeles, CA 90007

Active (2 Days)
$1,495,000 (USD)
2,100
SQFT
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Description

ATTENTION USC STUDENT HOUSING DEVELOPERS: Rare TOC Tier 3 development opportunity in the heart of the USC DPS Patrol Zone, less than 1 block from campus. 6,600 SF lot zoned LARD2 with confirmed TOC Tier 3 incentives supports a development of approximately 7 units / 28+ beds under density bonus + ADU/JADU stack (buyer to verify with architect). Property to be delivered 100% VACANT at close of escrow — no RSO relocation costs, no tenant buyouts, no holding delays. Existing 3-unit improvement (2012-built rear units + front house, 5 bd / 3 ba total) provides optional holding income during entitlement, or immediate demolition to begin construction.



Developer buyers — call listing agent for offering memorandum and feasibility study. Owner is motivated; reviewing offers on a rolling basis. Buyer to verify all development potential, zoning, and entitlement options with City of Los Angeles Planning and own consultants. Tours by appointment only — please do not disturb existing occupants.

MLS #:
WS26106991
Lot Size
6,602 SQFT
Type
Multifamily
Year Built
1906
County
Los Angeles County

Listed By

Ricardo Gonzalez, Citywide Elite Realty, Contact: 323-702-1832
Source
CRMLS
Last checked May 20 2026 at 10:09 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Washer Hookup
  • Laundry: Gas Dryer Hookup
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Additional Information: Citywide Elite Realty | 323-702-1832
Location
Map View | Street View
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {5/20/26 15:09} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.