1525 W 37th St, Los Angeles, CA 90018

$800,000
2
BD
2
BA
894
SqFt
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List Price
$800,000
Price Change
▼ $80,000 1793764517
MLS#
26857625
Year Built
1905
Bedrooms
2
Bathrooms
2
Living Sq. Ft
894
Lot Size
6,402
Days on Market
129
Property Type
Single Family Residential
Style
Other
Stories
1
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Property Description

We are pleased to present 1525 W. 37th Street, a value-add opportunity located just a few blocks from the University of Southern California (USC). Situated on an approximately 6,400 SF lot, the property is currently improved with an owner-occupied single-family residence that will be delivered 100% vacant at closing. The property offers several potential strategies for a new owner. A buyer could renovate the existing home for personal use or resale, live in the front house while exploring the addition of an ADU in the rear for rental income, or evaluate the site for a larger redevelopment opportunity. The LAR2 zoning provides additional long-term potential, while the large lot gives buyers flexibility to improve and add value over time. Located near USC, University Village, public transportation, dining, shopping, and major employment centers, the property offers a unique opportunity for an owner-user, investor, or developer looking for a well-located property with multiple paths to create value.

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Additional Information

Other Buildings
Other
Pool Description
None
Heat
Other
Cooling
Other
View
Other
Number of Cars in Garage
Other
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Courtesy of Keller Williams Beverly Hills, Adam Shamooelian - CA DRE#02116849

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