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1183 W 37th Dr 1 Unit Apartment Building $839,000 ($839,000/Unit) Los Angeles, CA 90007
Investment Highlights
- Close Proximity to USC Campus!
- Approved Plans!!
- Located within the USC DPS Patrol Zone!
- Located within the USC DPS Patrol Zone!
- Redevelopment Opportunity!
- Great for investors or owner users!!
Executive Summary
From Downtown Los Angeles, take the 110 Freeway south and exit at Exposition Blvd. Head west on Exposition Blvd, then turn right onto S Vermont Ave. Continue south on Vermont Ave and turn right onto W 37th Dr. The property will be located on the right-hand side.
Remarks : Don't miss this value-add USC student housing opportunity just a few blocks from campus and located within the DPS Patrol Zone. The property is currently leased for $2,400 and occupied by USC students, providing immediate income. Approved plans allow for the existing single-family home to be reconfigured from a 2-bedroom, 1-bath layout into a 3-bedroom, 2-bath unit, along with the conversion of the existing garage into a 4-bedroom, 4-bathroom ADU. This setup increases the overall bedroom count and offers strong upside in a high-demand student rental area. Zoning on the property is LARD2. **PROPERTY IS TO BE SOLD IN AS IS, WHERE IS CONDITION** DRIVE BY ONLY, DO NOT DISTURB TENANTS.
Remarks : Don't miss this value-add USC student housing opportunity just a few blocks from campus and located within the DPS Patrol Zone. The property is currently leased for $2,400 and occupied by USC students, providing immediate income. Approved plans allow for the existing single-family home to be reconfigured from a 2-bedroom, 1-bath layout into a 3-bedroom, 2-bath unit, along with the conversion of the existing garage into a 4-bedroom, 4-bathroom ADU. This setup increases the overall bedroom count and offers strong upside in a high-demand student rental area. Zoning on the property is LARD2. **PROPERTY IS TO BE SOLD IN AS IS, WHERE IS CONDITION** DRIVE BY ONLY, DO NOT DISTURB TENANTS.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Range
- Walk-In Closets
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $2,400 | - |
1 1
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Number | 5040-032-020 | Improvements Assessment | $189,854 |
| Land Assessment | $712,398 | Total Assessment | $902,252 |
Property Taxes
Parcel Number
5040-032-020
Land Assessment
$712,398
Improvements Assessment
$189,854
Total Assessment
$902,252
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1183 W 37th Dr
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