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1178 W. 37th Street,
Los Angeles, California 90007

$1,950,000
1178 W. 37th Street, Los Angeles, 90007

Property Details

Beds4 Baths2 Garage0
Bldg Size2 sq. ft

Property Description

We are pleased to offer for sale this 7,250 SF lot Student Housing Development opportunity located at 1178 W. 37th Street, less than a block to the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing duplex currently on the lot that will be delivered vacant upon the close of escrow. The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.

Property Status: For Sale

Location

1178 W. 37th Street, Los Angeles, California 90007

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