1465 W 37th Place
Los Angeles, CA 90018
Map
- 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# CROC25133434 —
This home is listed in more than one place. See it here.
The Building
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Year Built:2025
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Building Area Units:Square Feet
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Stories:1
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Levels:One Story
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Window Features:ENERGY STAR Qualified Windows
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Green Energy Efficient:Insulation - Unknown
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Building Area Total:9718
Interior
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Interior Features:Energy Star Lighting
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:9718
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Living Area Units:Square Feet
Location
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Directions:S Normandie and W. 37th place
The Property
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Property Type:Residential
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Property Subtype:Duet
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Parcel Number:5041028017
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Zoning:LAR2
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Lot Size Area:0.1571
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Lot Size Acres:0.1571
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Lot Size SqFt:6842
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Lot Size Units:Acres
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View:None
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View:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:2225.00
Beds
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Bedrooms Total:33
The Listing
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Listing Terms:Cash
Heating & Cooling
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Cooling:Central Air
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Cooling:true
Utilities
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Green Energy Generation:Solar
Appliances
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Laundry Features:Other
Schools
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High School District:Los Angeles Unified
The Community
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Association:false
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# of Units In Community:33
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:4
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Carport:false
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Parking Total:4
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Parking Features:Attached
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Covered Spaces:4
Monthly cost estimate
Asking price
$1,500,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,032
|
| Taxes | N/A |
| Insurance | $412 |
| Utilities | N/A |
| Total | $8,444/mo.* |
| *This is an estimate |
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/14/25
Jun 14, 2025
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Listed / Active | BRIDGE | $1,500,000 | 57.9% (55.7% / YR) |
|
5/31/24
May 31, 2024
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CRMLS_CA | $950,000 | 6.8% | |
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2/27/24
Feb 27, 2024
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CRMLS_CA | $889,900 |
