1229 W 37th Drive
Los Angeles, CA 90007
0
Bed
0
Bath
2,100Sqft
6,602Sqft(Lot)
ATTENTION USC STUDENT HOUSING DEVELOPERS: Rare TOC Tier 3 development opportunity in the heart of the USC DPS Patrol Zone, less than 1 block from campus. 6,600 SF lot zoned LARD2 with confirmed TOC Tier 3 incentives supports a development of approximately 7 units / 28+ beds under density bonus + ADU/JADU stack (buyer to verify with architect). Property to be delivered 100% VACANT at close of escrow — no RSO relocation costs, no tenant buyouts, no holding delays. Existing 3-unit improvement (2012-built rear units + front house, 5 bd / 3 ba total) provides optional holding income during entitlement, or immediate demolition to begin construction. Developer buyers — call listing agent for offering memorandum and feasibility study. Owner is motivated; reviewing offers on a rolling basis. Bu
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1906 Building Area Total: 2,100 -
Pool Features
NoneLaundry Features
Washer Hookup,Gas Dryer Hookup
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1516 -
Lot Size Source: Estimated Lot Size Square Feet: 6602
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Listing Price Information
Original List Price: 1,495,000 Listing Contract Date: 2026-05-17 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5040014024
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Rental Info
Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Postal Code Plus 4: 4212 Directions: West ExpoBlvd, N Catalina St, W 37th Dr Zoning: LARD2 Source Property Type: Residential Income Area: C34 - Los Angeles Southwest Property SubType: Single Family Residence -
Building and Construction
Property Age: 120 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Estimated Entry Level: 1 Entry Location: Front Door
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 225 W Adams Boulevard, Los Angeles, CA, 90007 | $1,775,000 | -- | -- | 8,540 | 8,540 SqFt |
| 1938 Bonsallo Avenue, Los Angeles, CA, 90007 | $1,129,000 | -- | -- | 5,964 | 5,964 SqFt |
| 1978 Bonsallo Avenue, Los Angeles, CA, 90007 | $1,699,800 | 7 | -- | 3,456 | 3,456 SqFt |
| 2119 S Union Avenue, Los Angeles, CA, 90007 | $1,525,000 | 15 | -- | 6,671 | 6,671 SqFt |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 3,104 SqFt |
| 1016 W 24th, Los Angeles, CA, 90007 | $1,800,000 | -- | -- | 8,563 | 8,563 SqFt |
| 721 W 30th Street, Los Angeles, CA, 90007 | $7,100,000 | 25 | -- | 12,928 | 12,928 SqFt |
| 716 W 30th Street, Los Angeles, CA, 90007 | $2,988,888 | 15 | -- | 5,615 | 5,615 SqFt |
| 2623 Ellendale Place, Los Angeles, CA, 90007 | $8,500,000 | 28 | -- | 17,099 | 17,099 SqFt |
| 1543 W 22nd Place, Los Angeles, CA, 90007 | $849,000 | -- | -- | 3,168 | 3,168 SqFt |
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ByOwner last updated this listing 06/12/2026 @ 19:17
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