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1637 37th Street, Los Angeles, CA 90018
Priced at Only: $1,250,000
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Address: 1637 37th Street, Los Angeles, CA 90018
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  • MLS#: WS26047352 ( Single Family Residence )
  • Street Address: 1637 37th Street
  • Viewed: 2
  • Price: $1,250,000
  • Price sqft: $787
  • Waterfront: No
  • Year Built: 1924
  • Bldg sqft: 1589
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 2
  • Days On Market: 39
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90018
  • District: Los Angeles Unified
  • Provided by: Wetrust Realty
  • Contact: ANITA ANITA
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare offering just minutes from the University of Southern California (USC)! This property is being delivered RTI (Ready To Issue) with fully approved plans for a new 3 story duplex plus an attached ADU. Altogether, the project is designed to create 31 suites each with a private bedroom and bathroom, complemented by expansive kitchens and large common areas, perfect for modern co living or student housing. Currently, the lot features a single family residence in livable condition, allowing flexibility for immediate rental income while preparing for construction. The thoughtfully designed plans maximize the sites potential under R2 zoning, providing investors and developers with a rare opportunity to bring a high demand housing product to the USC area. Key Highlights: RTI approved for duplex + ADU, totaling 31 beds & 31 baths Prime location adjacent to USC ideal for student housing Elimination of SB 8 and No Rent Stabilization Ordinance (RSO) for this property, offering greater freedom in rental strategy Delivered with complete drawings, engineering, and city approval for immediate build out Current structure: single family home in decent condition on site Close to major freeways, dining, shopping, and Downtown Los Angeles This is a turnkey development opportunity with all the heavy lifting already completed. The seller has invested significant time and resources to secure approvals, making this a unique chance for developers, investors, and builders seeking high returns in a supply constrained market.
Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 25
Entry Location
  1. Ground
Fireplace Features
  1. None
Garage Spaces
  1. 2.00
Heating
  1. Central
Laundry Features
  1. In Garage
Levels
  1. One
Living Area Source
  1. Assessor
Lockboxtype
  1. None
Lot Features
  1. Lot 6500-9999
Parcel Number
  1. 5041022024
Pool Features
  1. None
Property Type
  1. Single Family Residence
School District
  1. Los Angeles Unified
Sewer
  1. Public Sewer
View
  1. None
Water Source
  1. Public
Year Built
  1. 1924
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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