- 33 beds
- – baths
- 9,718 sqft
- 6,842 sqft lot
- $154 per sqft
- 2025 build
- – on site
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.
Last checked:
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Last updated Jun 14, 2025
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MLS# OC25133434 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2025
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Year Built Source:Builder
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New Construction:No
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Total Number Of Units:33
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Structure Type:Duplex
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:One, Three Or More
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Entry Location:Front
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Room Type:Center Hall, Dressing Area, Formal Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Multi-Level Bedroom
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Living Area Units:Square Feet
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Fireplace:No
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Fireplace:None
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Laundry:Common Area
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Laundry:1
Room Dimensions
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Living Area:9718.00
Location
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Directions:S Normandie and W. 37th place
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Latitude:34.02025600
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Longitude:-118.30214600
The Property
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Property Type:Residential
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Subtype:Duplex
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Zoning:LAR2
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Lot Features:31-35 Units/Acre
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Lot Size Area:6842.0000
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Lot Size Acres:0.1571
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Lot Size SqFt:6842.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2225.00
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Tax Tract:17
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Tax Lot:23
Beds
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Total Bedrooms:33
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Main Level Bedrooms:5
Baths
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Main Level Baths:5
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5041028017
Heating & Cooling
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Green Energy Generation:Solar
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Green Energy Efficient:Appliances, Construction, Doors, Exposure/Shade, HVAC, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
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Green Water Conservation:Water-Smart Landscaping
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Water Source:Public
Schools
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High School District:Los Angeles Unified
The Community
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Features:Biking
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking Spaces:4.00
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Attached Garage:Yes
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Listed / Active | CRMLS_CA | $1,500,000 | 57.9% (55.8% / YR) |
5/31/24
May 31, 2024
|
CRMLS_CA | $950,000 | 6.8% | |
2/27/24
Feb 27, 2024
|
CRMLS_CA | $889,900 |