CA > Los Angeles
Los Angeles, CA 90007,1183 W 37th Dr
Los Angeles, CA 90007,1183 W 37th Dr
Los Angeles, CA 90007,1183 W 37th Dr
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$925,000
Est. payment /mo
2 Beds
1 Bath
1,036 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,036 sqft

Price per Sqft $892

MLS Listing ID 25522421

Style Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1921

Lot Size 4,000 Sqft

Acres 0.0918

Property Sub-Type Single Family Residence

Property Description

Prime redevelopment opportunity steps from the University of Southern California's main campus. The owner has approved plans for a 3-bedrooms (could have 4 beds) /3-bathh ADU and main house remodel 3bd/2ba with office/bonus room. Nestled within the DPS and CSC patrol zones, and walking distance to Exposition Park the site of iconic landmarks such as the LA Memorial Coliseum, the Banc of California Stadium, and the forthcoming $1 billion George Lucas Narrative Art Museum the property benefits from an unbeatable location that continues to attract investment and development interest. The site is also within easy walking distance of the Metro Light Rail Expo Line, which provides direct access to Downtown Los Angeles and Santa Monica. 1,036 sqft, owner-occupied, single-family home featuring two bedrooms, one bathroom, a spacious living room, dining room, den, and laundry room, the property is being offered vacant at the time of sale. Redevelopment potential of the 4,000 square foot LARD2-zoned lot. Ideal use is for a tear-down and new student housing construction. By-right development would allow for two new units (buyer to verify with the city). This offering provides a rare opportunity for an investor or developer to capitalize on the strong demand for student housing in the USC submarket by operating the existing structure during the entitlement process or immediately pursuing new construction to maximize the site's value.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Natural Gas

Cooling Other

Flooring Hardwood

Fireplaces Type Decorative

Equipment Range/Oven, Refrigerator

Laundry Room

Exterior

Parking Features Driveway

Garage Spaces 2.0

Pool None

View Y/N No

View None

Building

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

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Listed by Nourmand & Associates-HW

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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