1177 W 37th Place, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1177 W 37th Place,Los Angeles, CA 90007
$2,975,000
  • 46 Beds
  • 39 Baths
  • 19,900 sq. ft.
  • Multi-family
  • Active
Listed by: davis saadian
Office: keller williams hollywood hills310-623-1300
MLS#:26855605
Source:CRMLS

Price summary

  • Price:$2,975,000
  • Price per sq. ft.:$149.5

About this home

We are pleased to present 1177 W. 37th Place, a fully entitled, ready-to-issue (RTI) ground-up student housing development located half a block from the University of Southern California. This is a rare opportunity for a developer or investor to acquire a shovel-ready, permit-in-hand project in one of Los Angeles' most supply-constrained and consistently performing rental submarkets, and to build and hold a brand-new, income-producing asset in the heart of the USC rental corridor. The current ownership has already carried the project through the time-consuming, capital-intensive, and risk-laden work of design, civil and structural engineering, full construction documents, plans, permits, and city approvals to a ready-to-issue status. An incoming buyer effectively steps in at the finish line of the entitlement process: this work is already complete, eliminating an estimated 12 to 18+ months of entitlement timeline and the associated discretionary risk. The buyer simply pulls permits...

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Home facts

  • Listing ID #:26855605
  • Added:84 day(s) ago
  • Updated:September 19, 2026 at 01:24 PM

Rooms and interior

  • Bedrooms:46
  • Total bathrooms:39
  • Living area:19,900 sq. ft.

Structure and exterior

  • Building area:19,900 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Modern
  • Levels:Multi Split

Finances and disclosures

  • Price:$2,975,000
  • Price per sq. ft.:$149.5
Based on information from California Regional Multiple Listing Service, Inc. as of September 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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