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.
For sale
Listing Provided by:
Cayenne Kuang DRE #01231003 949-872-7700,
Spectrum Realty
$1,500,000
1465 W 37th Pl, Los Angeles, CA 90018
33beds
--baths
9,718sqft
Est.:
Duplex
Built in 2025
6,842 Square Feet Lot
$1,490,800 Zestimate®
$154/sqft
$-- HOA
What's special
Permeable pavingArtificial grassTwo detached buildingsSeismic and wind-load engineeringEnergy-efficient light fixturesComplete fire sprinkler system
- 52 days
- on Zillow |
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