1229 W 37th Drive
Los Angeles, CA 90007
4
Bed
2
Bath
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1906Building Area Total: 2100Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6602 Lot Size Acres: 0.1516 Lot Size Source: Estimated Lot Size Square Feet: 6,602 Lot Description: TwoToFiveUnitsAcre
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Listing Price Information
Listing Price: $1295000Original Price: $1495000Cash, CashToNewLoan
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Tax Information
Parcel Number: 5040014024 Tax Lot: 25 Tax Block: 5
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Location Information
Direction: West ExpoBlvd, N Catalina St, W 37th Dr WaterSource: Public
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 | -- | 16 | 8,540 | 12,295 Sqft |
| 1943 Estrella Avenue, Los Angeles, CA, 90007 | $1,350,000 | 8 | 4 | 5,458 | 0.14 Acre |
| 920 W 20th Street, Los Angeles, CA, 90007 | $1,200,000 | 7 | 5 | 3,946 | 6,377 Sqft |
| 1011 W 20th, Los Angeles, CA, 90007 | $1,350,000 | 7 | 4 | 2,511 | 5,916 Sqft |
| 1030 W 20th Street, Los Angeles, CA, 90007 | $975,000 | 5 | 2 | 2,001 | 5,930 Sqft |
| 1030 W 20th Street, Los Angeles, CA, 90007 | $975,000 | 5 | 2 | 2,001 | 5,930 Sqft |
| 2127 Portland Street, Los Angeles, CA, 90007 | $1,600,000 | 11 | 11 | 3,715 | 6,152 Sqft |
| 1017 W 24th Street, Los Angeles, CA, 90007 | $1,220,000 | 4 | -- | 3,104 | 6,065 Sqft |
| 1125 W 22nd Street, Los Angeles, CA, 90007 | $800,000 | 3 | 2 | 1,872 | 5,500 Sqft |
| 721 W 30th Street, Los Angeles, CA, 90007 | $6,950,000 | 25 | 23 | 12,928 | 11,795 Sqft |
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ByOwner last updated this listing 09/11/2026 @ 19:01
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