$1,295,000
Price decreased by $100,000 on Aug 14, 2026

Multi Family In Los Angeles

  • 4 Beds
  • 2 Baths
  • 6,604 Sqft lot
  • Updated: Today
  • Source:
    San Diego MLS  MLS#WS26106991

About the Property

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 escro
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. Buyer to verify all development potential, zoning, and entitlement options with City of Los Angeles Planning and own consultants. Tours by appointment only please do not disturb existing occupants.
  • Property type

    Other

  • Floors

    1

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1229 W 37th Drive, Los Angeles, California, United States View on Google Maps
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CITYWIDE ELITE REALTY - Alhambra

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CITYWIDE ELITE REALTY - Alhambra
California, United States
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1
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2026
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CITYWIDE ELITE REALTY - Alhambra
Alhambra, California, United States
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Last updated
Today
First listed
May 19
Listing reference
WS26106991
Listing status
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