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.
MLS #
CROC25133434
MLS Source
California Regional MLS
Days on Site
38
Bedrooms
Dressing Area, Ground Floor Bedroom, Other
Fireplace
None
Laundry
Laundry Area
Cooling
Central Forced Air
Pool
None
Garage/Parking
Garage: 4 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR2
1465 W 37th Pl is a Duplex in Los Angeles, CA 90018. This 9,718 square foot property sits on a 6,842 Sq Ft Lot and features 33 bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 2025.
This address can also be written as 1465 W 37th Pl, Los Angeles, CA 90018.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of June 19, 2025. For the most current information, please contact Cayenne Kuang