Active

1637 W 37th Street

Los Angeles, CA 90018
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Bed 4

Bed

Bath 2

Bath

SqFt1,589

Sqft

SqFt6,811

Sqft(Lot)

Rare offering just minutes from the University of Southern California (USC)! This property is being delivered RTI (Ready-To-Issue) with fully approved plans for a new 3-story duplex plus an attached ADU. Altogether, the project is designed to create 31 suites — each with a private bedroom and bathroom, complemented by expansive kitchens and large common areas, perfect for modern co-living or student housing. Currently, the lot features a single-family residence in livable condition, allowing flexibility for immediate rental income while preparing for construction. The thoughtfully designed plans maximize the site’s potential under R2 zoning, providing investors and developers with a rare opportunity to bring a high-demand housing product to the USC area. Key Highlights: RTI approv ed for duplex + ADU, totaling 31 beds & 31 baths Prime location adjacent to USC – ideal for student housing Elimination of SB 8 and No Rent Stabilization Ordinance (RSO) for this property, offering greater freedom in rental strategy Delivered with complete drawings, engineering, and city approval for immediate build-out Current structure: single-family home in decent condition on site Close to major freeways, dining, shopping, and Downtown Los Angeles This is a turnkey development opportunity with all the heavy lifting already completed. The seller has invested significant time and resources to secure approvals, making this a unique chance for developers, investors, and builders seeking high returns in a supply-constrained market.

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Detail Ic Property Details

Property Type : Residential

Price : $1,250,000

AD Id : 75791142

MLS Id : WS26047352

Beds : 4

Lot Size : 6,811 Sqft

Living Area Size : 1,589

Year Built : 1924

Garage : 2

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: All Bedrooms Down Fireplace: None
  • Cooling Features

    None Air Conditioning

    Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1924
  • Pool Features

    None

    Laundry Features

    In Garage

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1564
  • Lot Size Source: Assessor Lot Size Square Feet: 6811

  • Listing Price Information

    Original List Price: 1,250,000 Listing Contract Date: 2026-03-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5041022024

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Directions: Crossing st.: South Western Ave and W 37th St. Source Property Type: Residential Area: C34 - Los Angeles Southwest Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 102 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 1589 Entry Level: 1 Entry Location: Ground Levels or Stories: One Building Total Stories: 1 Structure Type: House
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1930 S La Salle Avenue, Los Angeles, CA, 90018 $2,100,000 11 -- 7,420 7,420 SqFt
1820 W 22nd Street, Los Angeles, CA, 90018 $1,199,000 6 2 2,147 2,147 SqFt
2052 S Hobart Boulevard, Los Angeles, CA, 90018 $1,999,000 4 4 3,019 3,019 SqFt
2068 S Hobart Boulevard, Los Angeles, CA, 90018 $1,850,000 5 4 4,087 4,087 SqFt
2640 Dalton Avenue, Los Angeles, CA, 90018 $1,250,000 -- -- 5,621 5,621 SqFt
1419 W 36th Street, Los Angeles, CA, 90018 $1,395,000 4 -- 4,786 4,786 SqFt
3013 Halldale Avenue, Los Angeles, CA, 90018 $800,000 3 2 1,400 1,400 SqFt
3111 Halldale Ave., Los Angeles, CA, 90018 $1,300,000 4 2 1,545 1,545 SqFt
1444 W 37th Street, Los Angeles, CA, 90018 $4,500,000 -- -- 9,056 9,056 SqFt
2822 S La Salle Avenue, Los Angeles, CA, 90018 $1,699,000 4 -- 4,320 4,320 SqFt

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ByOwner last updated this listing 06/21/2026 @ 02:49

MLS: WS26047352 LISTED BY: ANITA LEE, Wetrust Realty 626-587-4866 SOURCE: CRMLS

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