1229 W 37th Drive Los Angeles, CA 90007
Listing Courtesy of: MLS LogoSan Diego, CA MLS / Citywide Elite Realty

  1229 W 37th Drive Los Angeles, CA 90007

Active (3 Days)
$1,495,000 (USD)
4
BED
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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
6,604 SQFT
Type
Multifamily
County
Los Angeles County

Listed By

Ricardo Gonzalez, Citywide Elite Realty
Source
San Diego, CA MLS
Last checked May 20 2026 at 10:19 PM GMT+0000
Bathroom Details
Location
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