1465 W 37th Place
Los Angeles, CA, 90018
$1,500,000
33 Beds
0 Baths
9,718 SqFt
0.16 Acres
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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 &#38' 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
Address:
1465 W 37th Place
Type:
Single Family
Subtype:
Duplex
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jun 13, 2025
State:
CA
Finished Sq Ft:
9,718
ZIP:
90018
Lot Size:
6,842 sqft / 0.16 acres (approx)
Year Built:
2025
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Schools

School District:
Los Angeles Unified

Interior

Cooling
Central Air
Fireplace Features
None

Exterior

Community Features
Biking
Garage Spaces
4.00
Green Energy Efficient
Appliances, Construction, Doors, Exposure/ Shade, H V A C, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
Green Energy Generation
Solar
Lot Features
31-35 Units/ Acre
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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Rover IDX
1465 W 37th Place
Los Angeles, CA