1183 W 37th Drive

    Los Angeles, CA 90007
    • $825,000
    • STATUS: PENDING
    • ON SITE: 413 days
    • ID#: 300626598
    Pending
    UPDATED: 17 min ago
    $825,000
    • 2
      BEDS
    • 0.09
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,036
      SQFT
    • $796
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1921
    County:

    School Ratings & Info

    Description

    PRICE REDUCED!! PRICE REDUCED!! USC student housing property located at 1183 West 37th Drive in Los Angeles, CA in the coveted 90007 zip code. The subject property is located less than one block from the University of Southern California's main campus, within the DPS and CSC patrol areas and is walking distance to Exposition park which is home to the world-famous LA Coliseum, the brand-new LAFC Banc of California Stadium and the under-construction $1 Billion George Lucas Narrative Art Museum. The property PRICE REDUCED!! PRICE REDUCED!! USC student housing property located at 1183 West 37th Drive in Los Angeles, CA in the coveted 90007 zip code. The subject property is located less than one block from the University of Southern California's main campus, within the DPS and CSC patrol areas and is walking distance to Exposition park which is home to the world-famous LA Coliseum, the brand-new LAFC Banc of California Stadium and the under-construction $1 Billion George Lucas Narrative Art Museum. The property is also located within walking distance of the Metro Light Rail Expo Line, servicing both Downtown LA and Santa Monica. The asset currently consists of a 1,036 square foot two bedroom/one bathroom house with a large living room, dining room, and den as well as a laundry room. The property would likely be as a tear down for new student housing construction. There is significant development value in the 4,000 square foot LARD2 zoned lot. By-right, the property would support a new development of 2 new units (buyer to verify with the city) The property is located in the Tier 4 eligibility zone for a TOC project but is too small by-right to qualify as-is and would require an assemblage to access these bonuses. The property is owner-occupied and will be delivered vacant. The property offers an investor the flexibility to operate the existing improvements as a student housing property while moving forward with the planning process for a new development.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.ascenthomefinder.com/homes/88922262

    1183 W 37th Drive Los Angeles, CA 90007

    • Price: $825,000
    • Status: PENDING
    • Updated: 17 min ago
    • ID#: 300626598
    2
    Beds
    1
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,036
    SQFT
    $796
    $/SQFT
    1921
    Built
    Neighborhood:
    Los Angeles (90007)
    County:
    Los Angeles
    Area:
    Los Angeles (90007)
    Property Description
    PRICE REDUCED!! PRICE REDUCED!! USC student housing property located at 1183 West 37th Drive in Los Angeles, CA in the coveted 90007 zip code. The subject property is located less than one block from the University of Southern California's main campus, within the DPS and CSC patrol areas and is walking distance to Exposition park which is home to the world-famous LA Coliseum, the brand-new LAFC Banc of California Stadium and the under-construction $1 Billion George Lucas Narrative Art Museum. The property PRICE REDUCED!! PRICE REDUCED!! USC student housing property located at 1183 West 37th Drive in Los Angeles, CA in the coveted 90007 zip code. The subject property is located less than one block from the University of Southern California's main campus, within the DPS and CSC patrol areas and is walking distance to Exposition park which is home to the world-famous LA Coliseum, the brand-new LAFC Banc of California Stadium and the under-construction $1 Billion George Lucas Narrative Art Museum. The property is also located within walking distance of the Metro Light Rail Expo Line, servicing both Downtown LA and Santa Monica. The asset currently consists of a 1,036 square foot two bedroom/one bathroom house with a large living room, dining room, and den as well as a laundry room. The property would likely be as a tear down for new student housing construction. There is significant development value in the 4,000 square foot LARD2 zoned lot. By-right, the property would support a new development of 2 new units (buyer to verify with the city) The property is located in the Tier 4 eligibility zone for a TOC project but is too small by-right to qualify as-is and would require an assemblage to access these bonuses. The property is owner-occupied and will be delivered vacant. The property offers an investor the flexibility to operate the existing improvements as a student housing property while moving forward with the planning process for a new development.
    Exterior Features

    Lot Size 4000-7499 SF Parking Spaces Total 2 Pool N/K Residential Styles Detached Residential Unit Location No Common Walls View N/K

    Interior Features

    Bath Totals 1 Bedrooms Total 2 Cooling N/K Fireplace N/K Laundry Location Inside Searchable Rooms All Bedrooms Down Stories 1 Story

    Property Features

    Assessments Unknown Home Owners Fees 0 Miscellaneous Urban Sales Restrictions Standard Sewer Septic Unknown Terms Cash To New Loan Water Public Zoning Lard2

    Listing provided courtesy of Marcus & Millichap. Listing information © 2019 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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    San Diego CA, 92101
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