Commercial Property - 1416 W 37th Drive, Los Angeles, CA

Description

OWNER/USER WILL DELIVER PROPERTY EMPTY AND UNOCCUPIED AT CLOSE OF SALE. USC-Adjacent Religious Property | R4 Zoning | 15-Unit Development PotentialRare opportunity in an exceptionally strategic location just minutes from USC. 1416 W 37th Drive presents a unique opportunity for a church, faith-based organization, investor, or developer seeking a property with an existing religious-use identity and significant development potential.The property is R4-zoned, offering an attractive opportunity for future residential development. From a developer's perspective, the property's highest and best use is approximately a 15-unit residential development, subject to the buyer's independent verification of zoning, density, entitlements, and all applicable City requirements.For a religious organization, the property offers the opportunity to establish or expand a ministry presence in a location with the significant advantage of being USC-adjacent.The combination of USC proximity, R4 zoning, religious-use potential, and residential development upside creates multiple potential strategies for an owner-user, investor, or developer.Seller Motivated Bring Your Best OfferOffered at $1,700,000. Seller is motivated and will consider qualified offers from buyers who can demonstrate the financial capacity to close. Bring your strongest offer.The seller is prepared to evaluate the overall strength of the offer, including price, terms, and buyer qualifications.Buyer to independently verify zoning, permitted uses, development potential, unit count, square footage, and all other property information with the appropriate governmental agencies.

Property details

Location

1416 W 37th Drive • Los Angeles, CA 90018

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Listed by

Barry Wiley · Community Real Estate