1323 West 37th Place, Los Angeles, CA 90007

$2,650,000 Approx. USD 0 beds, 0 baths
18,815 sqft

Agent Remarks

Rare opportunity to build high demand Student housing in the USC patrol area just west of Vermont and walking distance to campus. Possible 33 extremely large 2 student bedrooms and 33 baths. Each bedroom and bath is currently projected at a conservative $1,400 per month for a total GSI of $554,400. At a 5 cap rate the projected value is $7,761,600. Sites consist of 3 separate lots totaling 18,815 Sq ft. Owner has ready to submit plans. Call for more details.

Listing Details

Property type: Land (Lots/Land)
Status: Active
MLS# RS16181671
List price is $2,650,000
Beds: 0
Baths: 0
18,815 sqft
0.43 acres
Lot size: 18815.000
County: Los Angeles
Zoning: R3
MLS area: C34 - Los Angeles Southwest

Last Updated: 8/18/2016

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This listing belongs to the C34 - Los Angeles Southwest MLS area

The listing is zoned R3.
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Lat/Long: 34.020027, -118.298363.
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Broker: Courtesy of Keller Williams Pacific Estate
Listing Agent: Luis Guevara

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