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.
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.
Property Details
Price:
$1,500,000
MLS #:
OC25133434
Status:
Active
Beds:
33
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c34losangelessouthwest
Listed Date:
Jun 13, 2025
Finished Sq Ft:
9,718
Lot Size:
6,842 sqft / 0.16 acres (approx)
Year Built:
2025
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Cooling
CA
Laundry Features
AR
Exterior
Community Features
BIKI
Parking Spots
4
Financial
Map
Community
- Address1465 W 37th PL Lot 23 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
Subdivisions in Los Angeles
- Beachwood Canyon Estates
- Crestmont lot
- Harvard Heights
- Jefferson Park
- Las Collinas Heights
- Legendary Place
- Little Tokyo Lofts
- Lot Number 107, 108 DONOHUE TRACT
- Not Applicable-105
- Not in Development
- Picfair Village
- Sol Hollywood
- Studio 10
- The Diplomat
- The Heights at Ponte Vista
- The Hollywood
- West Adams
- West Hollywood West
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 04, 2025
2,051
Single Family Listed
84
Avg DOM
992
Avg $ / SqFt
$1,715,700
Avg List Price
Property Summary
- 1465 W 37th PL Lot 23 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90018. It is listed for $1,500,000 and features 33 beds, 0 baths, and has approximately 9,718 square feet of living space, and was originally constructed in 2025. The current price per square foot is $154. The average price per square foot for Single Family listings in Los Angeles is $992. The average listing price for Single Family in Los Angeles is $1,715,700.
Similar Listings Nearby
Courtesy of Spectrum Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1465 W 37th PL Lot 23
Los Angeles, CA