1637 W 37th Street, Los Angeles, CA 90018
Local realty services provided by:ERA North Orange County Real Estate
1637 W 37th Street,Los Angeles, CA 90018
$1,250,000
- 4 Beds
- 2 Baths
- 1,589 sq. ft.
- Single family
- Active
Listed by:anita lee
Office:wetrust realty
MLS#:WS25234230
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$786.66
About this home
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 sites 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 approved 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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Home facts
- Year built:1924
- Listing ID #:WS25234230
- Added:1 day(s) ago
- Updated:October 08, 2025 at 05:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,589 sq. ft.
Heating and cooling
- Heating:Forced Air Unit
Structure and exterior
- Year built:1924
- Building area:1,589 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$786.66
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