1465 37th Place, Los Angeles, CA 90018
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1465 37th Place,Los Angeles, CA 90018
$1,500,000
- 33 Beds
- - Baths
- 9,718 sq. ft.
- Multi-family
- Active
Listed by:cayenne kuang
Office:spectrum realty
MLS#:OC25133434
Source:CAREIL
Price summary
- Price:$1,500,000
- Price per sq. ft.:$154.35
About this home
Ready-to-Build Student Housing approx 0.5 mile from USC. Exceptional development opportunity in the heart of University Park — just steps from USC’s main campus. Fully permitted and engineered for two separate 3-story wood-frame buildings, this site is ready for immediate construction. Ideal for developers, builders, or 1031-exchange buyers looking for turnkey student rental income. Highlights • Prime Location: walking distance to campus, dining, and transit. • Fully Approved Plans: Includes architectural, structural, permit-ready under LABC 2023 standards. No entitlement delays. • Maximized Rental Yield: Two detached buildings with ideal floor plans for co-living or roommate configurations. • Code-Compliant & Safe: Complete fire sprinkler system, seismic and wind-load engineering, modern drainage and LID plan. • Sustainable Site Design: Features permeable paving, artificial grass, energy-efficient light fixtures, and city-approved stormwater mitigation. • Investor-Ready Returns: Strong cap-rate area fueled by USC student demand. Options to refinance, hold, or sell as rentals or condos.
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Home facts
- Year built:2025
- Listing ID #:OC25133434
- Added:103 day(s) ago
- Updated:September 23, 2025 at 04:35 PM
Rooms and interior
- Bedrooms:33
- Living area:9,718 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:2025
- Building area:9,718 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$154.35
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