1212 W 37th Dr, Los Angeles, CA 90007

Property Description

SUBJECT TO CANCELLATION OF CURRENT ESCROW. Seller prefers All Cash offer on the REO. Attention Investors, Developers, Student Housing Owners!! Located one block from USC campus in Los Angeles, this 4-plex features 5 1/2 baths and one to multiple bedrooms per unit, totaling 2,134 sf and a 7,519 sf lot. This property is zoned RD-2 with a street to street lot near expo line. great opportunity to built multi units, multiple bedroom student housing building where $1,250 to $1,600/bedroom proforma rents are the norm. It May be possible to build 3-6 units with multiple bedrooms per unit, but buyer to investigate. Broker and owner make no warranties of any kind, this property is sold as-is condition. Buyer to investigate all permits, zoning and ability to build. This property is a short walk to campus, located in a quiet neighborhood within the Campus Patrol Zone. Ideal for Student Housing where the USC Patrols and responds to calls for service 24 hours a day 365 days a year.