1178 W 37TH ST

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.