1158 W 37th St
Los Angeles, CA 90007
USC Student Housing Development · Land For Sale
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0.17 AC
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.17 AC |
| Zoning | LARD1.5 - Can build up to 4 units, 3 stories max height of 45 feet, buildable area is 5000 sqft per story for a total of potential gross building sqft of 15,000 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.17 AC |
| Zoning | LARD1.5 - Can build up to 4 units, 3 stories max height of 45 feet, buildable area is 5000 sqft per story for a total of potential gross building sqft of 15,000 |
Description
On a cul-de-sac across the street from the University of Southern California Campus! Great potential for sorority/fraternity housing. First time on the market in over 50 years!! All 9 Tenants with exception of house manager are students attending the university. This asset is comprised of a duplex- bottom floor has 4 bedrooms 1 bathroom, and upper level has 5 bedrooms 2 bathrooms with an open Floor Plan, coin laundry adds additional income, the onsite Property Manager makes sure property is kept up. This property is gated, with a long driveway leading to the back with plenty of open parking spaces. It also has two large sheds for storage in the backyard. Many student housing developments going up in surrounding neighborhood. Per city code, property is zoned LAR1.5, can build up to 4 units, 3 stories max height of 45 feet, buildable area is 5000 sqft per story for a total of potential gross building sqft of 15,000. Property is being sold as-is. Property is walking distance to LA Metro Expo Light Rail Line, Expo Park, LA Coliseum, and much much more.
Property Taxes
| Parcel Number | 5040-031-006 | Improvements Assessment | $1,500,000 |
| Land Assessment | $2,200,000 | Total Assessment | $3,700,000 |
Property Taxes
