$1,700,000

1416 W 37th Drive, Los Angeles, CA 90018

  • 2,264 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon6,059sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $751/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

OWNER/USER WILL DELIVER PROPERTY EMPTY AND UNOCCUPIED AT CLOSE OF SALE. USC-Adjacent Religious Property | R4 Zoning | 15-Unit Development PotentialRare opportunity in an exceptionally strategic location just minutes from USC. 1416 W 37th Drive presents a unique opportunity for a church, faith-based organization, investor, or developer seeking a property with an existing religious-use identity and significant development potential.The property is R4-zoned, offering an attractive opportunity for future residential development. From a developer's perspective, the property's highest and best use is approximately a 15-unit residential development, subject to the buyer's independent verification of zoning, density, entitlements, and all applicable City requirements.For a religious organization, the property offers the opportunity to establish or expand a ministry presence in a location with the significant advantage of being USC-adjacent.The combination of USC proximity, R4 zoning, religious-use potential, and residential development upside creates multiple potential strategies for an owner-user, investor, or developer.Seller Motivated Bring Your Best OfferOffered at $1,700,000. Seller is motivated and will consider qualified offers from buyers who can demonstrate the financial capacity to close. Bring your strongest offer.The seller is prepared to evaluate the overall strength of the offer, including price, terms, and buyer qualifications.Buyer to independently verify zoning, permitted uses, development potential, unit count, square footage, and all other property information with the appropriate governmental agencies.

Listing Status:
Active
Date Added:
September 2, 2026
Data Last Updated:
October 9, 2026 at 7:06AM
Listing Office:
Community Real Estate : 323-363-6582
Listing Agent:
Barry Wiley : 800-798-1754
MLS ID:
CL26992189
  • Parking: Parking spaces: 0
  • County: Los Angeles
  • Zoning: LAR45041030026

This listing courtesy of Barry Wiley , Community Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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