1177 W 37th Place, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
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:1 day(s) ago
  • Updated:July 06, 2026 at 01:37 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

Finances and disclosures

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