1465 W 37th Place

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.

33
beds

9,718 Sq.Ft. LIVING AREA

6,842 Sq.Ft. lot

Cayenne Kuang

title Real Estate Agent
PHONE (949) 872-7700
EMAIL [email protected]
DRE # CA DRE 01231003

Features & Amenities

Interior

total bedrooms33
Laundry room Common Area
Fireplace None
other interior Features Bedroom on Main Level, Dressing Area, Main Level Primary

Area & Lot

Status For Sale
Living Area9,718 Sq.Ft.
Lot Area6,842 Sq.Ft.
MLS® IDOC25133434
TypeMulti-Family
YEAR BUILT2025
View DescriptionNone
School DistrictLos Angeles Unified

Exterior

STORIES1
Garage Space4.0
water SourcePublic
PoolNone
lot features31-35 Units/Acre
AIR CONDITIONINGCentral Air
sewerPublic Sewer
Green featuresSolar

Financial

Sales Price$1,500,000
Zoning LAR2

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