We are pleased to offer for sale this 7,000 SF lot Development opportunity located at 1189 W. 37th Place, 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, rented and occupied with USC students.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 USCs landmarks, academic buildings, and entertainment options.
Off market
$1,369,700
1189 W 37th Pl, Los Angeles, CA 90007
9beds
3baths
3,039sqft
MultiFamily
Built in 1939
-- sqft lot
$1,369,700 Zestimate®
$451/sqft
$3,044 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
Heating
- Other
Cooling
- Other
Appliances
- Included: Dishwasher, Freezer, Refrigerator
Features
- Flooring: Other
Interior area
- Total interior livable area: 3,039 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off-street
Lot
- Size: 7,000 sqft
Details
- Additional structures: Other
- Parcel number: 5040031044
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1939
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Dishwasher, Range/Oven, Refrigerator, Freezer
- PropertyType: Residential Income
- Cooling: Other
- ParkingGarage: Garage
- SourceLivingArea: Assessor
- SourceLotSizeArea: Vendor Enhanced
- Heating: Other
- ListingArea: Los Angeles Southwest
- Country: US
- ListingStatus: Pending
- UnitTypeType: 2106, 2107
- OtherStructures: Other
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Estimated market value
$1,369,700