1189 W 37Th Place, Los Angeles, CA 90007

About this property

We are pleased to offer for sale this 7,000 SF lot Development opportunity located at 1189 W. 37th Place, less than a block to the University of Southern California (USC). The site offers a zoning ordinance of LARD1.5, which allows for the construction of 4 units by right. With a Tier 3 TOC (40% density bonus), this allows for the development of an additional 3 units, totaling a potential 7 buildable units. There is an existing duplex currently on the lot, rented and occupied with USC students.The property offers residents a highly desirable location, well situated in the DPS Patrol Zone, walking distance to campus and University Village - providing easy access to all of USCs landmarks, academic buildings, and entertainment options.

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$1,700,000

Sold September 2021 · listed $1,875,000, on market July 2021 · MLS #21758938 · Source: CRMLS

Listing Agent: Davis Saadian · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Davis Saadian · Keller Williams Beverly Hills

$1,400,000

Sold March 2017 · on market October 2016 · MLS #16173470 · Source: CRMLS

Listing Agent: Davis Saadian · Listing Office: Marcus & Millichap · Contact: 310-909-5500 · Bought with: Davis Saadian · Marcus & Millichap

$848,500

Sold July 2014 · listed $800,000, on market May 2014 · MLS #14761007 · Source: CRMLS

Listing Agent: Debra Jones · Listing Office: KW Westside Estates · Contact: 310-482-2200 · Bought with: Shawn Araghi · BRC Advisors Inc.

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