1572 W 37th PlaceLos Angeles, CA 90018

Single Family · 2 Beds · 1 Full Bath · 1,168 Sq. ft. | 0.12 Acres
$985,000 Active

1572 W 37th Place Overview

Time on Site:
207 days
Visits:
7

We are excited to offer a unique opportunity to acquire an opportunity to build a premier student housing development, just two blocks from the University of Southern California (USC). Situated at 1572 W. 37th Street, this project features 3 residential units totaling 25 bedrooms and 25 bathrooms across 5 distinct units. The project has RTI. The 3-story building design includes two residential units, with 17 bedrooms and 17 bathrooms. Additionally, there are two detached ADUs, each with 8 bedrooms and 8 bathrooms, totaling 8,590 square feet of rentable space. This project offers a streamlined construction process, allowing developers to reduce costs and accelerate completion. Purpose-built for co-living, every floor provides spacious common areas and each bedroom comes with its own private bathroom, ensuring tenant comfort and privacy. Beyond its student housing potential, this property offers flexibility, with the option to rent to affordable housing programs has potentially steady rental income. With its highly desirable location near USC, tenants will enjoy easy access to campus, University Village, and all the amenities that the area offers. Don't miss out on this opportunity contact the listing agent for further details! Please note that the buyer is responsible for conducting all due diligence regarding property conditions, zoning. SOLD AS IS. Buyer to verify all permits and records with city.

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1572 W 37th Place Facts & Features

  • Type Single Family
  • Sq. ft. 1,168
  • Price/Sq.ft. $843
  • Lot 0.12 Acres

Details

General

Building Information

  • Year Built: 1915

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

General Information

  • Parcel Number: 5041033023
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: LAR2

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1168
  • Building Area Units: Square Feet

General Information

  • Fireplace Features: None
  • Fireplace: false
  • Flooring: Laminate,Tile
  • Interior Features: Family Room
  • Laundry Features: Inside
  • Levels: One Story
  • Living Area: 1168
  • Living Area Units: Square Feet
  • Stories: 1

Exterior

Parking Information

  • Parking Total: 2

Lot Information

  • Lot Size Acres: 0.1242
  • Lot Size Area: 0.1242
  • Lot Size Square Feet: 5411
  • Lot Size Units: Acres

Waterfront/View

    General Information

    • Pool Features: None
    • Pool Private: false

    1572 W 37th Place Neighborhood

    Community

    90018 (Los Angeles) Demographics

    34
    Median Age
    18,110
    Population Density (per sq. mile)
    28%
    College Educated
    $49,644
    Estimated Median Income
    5,106
    Estimated Total Home Owners
    11,528
    Estimated Total Renters
    31% / 69%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    1572 W 37th Place Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    1572 W 37th Place Market Data

    Based on the last 30 days in this zip code

    $1,122,559
    Average List Price
    $592
    Average Price per Square Foot
    9
    Properties Sold
    82
    Average Days on Market
    172
    Properties for Sale
    Calculations provided by Reliance Network

    1572 W 37th Place History

    Date Event Value Agent
    12/5/2025Source: bridgeMLS Added to Database
    December 05, 2025
    12/4/2025Source: CRMLS Added to Database
    December 04, 2025
    12/22/2022Source: CRMLS Added to Database
    December 22, 2022
    9/16/2022Source: CRMLS Added to Database
    September 16, 2022
    Listing provided courtesy of Stanfles Realty- MLS# CL25625859MLS Provider