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1465 W 37th Place, Los Angeles, CA 90018
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Overview
Features
Commute
Transportation
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$1,500,000
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Home Details for 1465 W 37th Place
Price
$1,500,000
Type
other
Bedrooms
33
Year Build
2025
Sq. Ft.
9718
Lot Size
0.1571
County
Los Angeles
Garage
4
MLS®️ Listing#
OC25133434
On exitrealty.com
119 days
Property Description
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.
- Cooling Information
- Central Air
- Water Features
- Public
- House Interior
- Master Downstairs
- Garage
- 1
- Parking
- Attached
- Fire Place
- None
Listing Courtesy: Spectrum Realty - 949-872-7700. Presented by: Cayenne Kuang
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:46:41 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,500,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.