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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
2
Photos
1572 W 37th Place, Los Angeles, CA 90018
$1,200,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
1,168
sqft
Built in
1915
We are excited to offer a unique opportunity to acquire an opportunity to build a premier student housing development, just two blocks from the University of Southern California (USC). Situated at 1572 W. 37th Street, this project features 3 residential units totaling 25 bedrooms and 25 bathrooms across 5 distinct units. The project will be delivered RTI (Ready-to-Issue permits) prior to closing. The 3-story building design includes two residential units, with 17 bedrooms and 17 bathrooms. Additionally, there are two detached ADUs, each with 8 bedrooms and 8 bathrooms, totaling 8,590 square feet of rentable space. This project offers a streamlined construction process, allowing developers to reduce costs and accelerate completion. Purpose-built for co-living, every floor provides spacious common areas and each bedroom comes with its own private bathroom, ensuring tenant comfort and privacy. Beyond its student housing potential, this property offers flexibility, with the option to rent to affordable housing programs has potentially steady rental income. With its highly desirable location near USC, tenants will enjoy easy access to campus, University Village, and all the amenities that the area offers. Don't miss out on this opportunity contact the listing agent for further details! Please note that the buyer is responsible for conducting all due diligence regarding property conditions, zoning. SOLD AS IS. Buyer to verify all permits and records with city.
Features & Amenities
Interior
- Laundry:
- Inside
- Flooring:
- Laminate,Tile
- A/C:
- false, None
- Heating:
- false, None
- Fireplace:
- None
Exterior
- General:
- None
- Pool:
- None
- Parking:
- Driveway, Parking spaces: 2
Construction
- General:
- 1
Location
- Originating MLS:
- CRMLS
- County:
- Los Angeles
Lot
- Zoning:
- LAR2, 5041033023
- View:
- None
Financial
- Source:
- CRMLS
This listing courtesy of:
Stanfles Realty, Jin Lee
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Los Angeles, CA
Housing
- Number of Units
- 906,276
- Median Home Value
- $764,749
- Median Rent
- $1,399
71.58% of housing units are renter occupied.
6.82% are vacant.
Commute
- Car
-
56.67%
- Public Transportation
-
8.41%
- Walk to Work
-
3.27%
- Work from Home
-
29.71%
- Other
-
1.00%
The median travel time to work is 25 minutes.
People
- Population
- 2,373,885
- Median Age
- 35.80
- Median Household Size
- 2.78
Education
- High School
-
18.57%
- Associate’s Degree
-
5.55%
- Bachelor’s Degree
-
22.72%
- Graduate Degree
-
12.23%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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