1229 W 37th Drive, Los Angeles, CA 90007

• 2,100 sqft

Property Description

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.

Listing Status:

Active

Date Added:

May 18, 2026

Data Last Updated:

May 20, 2026 at 6:16AM

Listing Office:

CITYWIDE ELITE REALTY : 626-607-0139

Listing Agent:

RICARDO GONZALEZ : 626-607-0139

MLS ID:

WS26106991

Interior

• Laundry: Washer HookupGas Dryer Hookup

Exterior

• Pool: None
• Parking: Parking spaces: 0

Construction

• General: 1

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: LARD25040014024

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM