1229 W 37th Drive, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1229 W 37th Drive,Los Angeles, CA 90007
$1,395,000
  • - Beds
  • - Baths
  • 2,100 sq. ft.
  • Multi-family
  • Active
Listed by: ricardo gonzalez
Office: citywide elite realty626-607-0139
MLS#:WS26106991
Source:CRMLS

Price summary

  • Price:$1,395,000
  • Price per sq. ft.:$664.29

About this home

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.

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Home facts

  • Year built:1906
  • Listing ID #:WS26106991
  • Added:80 day(s) ago
  • Updated:August 07, 2026 at 10:51 AM

Rooms and interior

  • Living area:2,100 sq. ft.

Structure and exterior

  • Year built:1906
  • Building area:2,100 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,395,000
  • Price per sq. ft.:$664.29
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