1156 W 37th Dr, Los Angeles, CA 90007

Property Description

Prime USC Student Housing or R4 Zoned TOC Tier 4 Development Opportunity. Property is R4 Zoned nearby Metro -Expo Line Rail Station, TOC Tier 4 allows for further density bonus. Lot is 50' x 126' or 6,300 Sq Feet. The property is located on the first block West of Vermont Ave in prime USC Student Housing area , within USC Dept of Public Safety Campus Patrol & Response area. Is walking distance to Metro Light Rail Line Expo station, serving both Downtown LA & Santa Monica and Exposition Park which is home of LA Coliseum, just completed LAFC Banc of California soccer stadium and the under construction George Lucas Narrative Art Museum. The property's current use is SFR rented as students housing - mo to mo. Property is being sold in its "as is" condition. The property offers the investor the flexibility to maintain operating the existing SFR as a student housing rental while moving forward with the planned new development process. Statements on this listing are not intended to be warranty of any kind. Buyer must not rely on Seller's statements and instead they must do their own due diligence with the City of Los Angeles Building & Safety.