1229 W 37th Drive, Los Angeles, CA — listing photo 1
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FOR SALE

1229 W 37th Drive

Los Angeles, CA 90007
6,602 Lot Sq Ft
Built 1906
$1,295,000
Price ReducedWas $1,495,000 — $1,295,000 (-$200,000)

Property Overview

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.

Home Details

Property type
Residential Income - Single Family Residence
Year built
1906
Lot size
6,602 sq ft
Stories
1
Days on market
87
MLS status
Active
Zoning
LARD2

Features & Amenities

Pool

  • None

Lot

  • Two To Five Units Acre

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1229 W 37th Drive

Los Angeles, CA 90007

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Frequently Asked Questions About 1229 W 37th Drive

Property type: Residential Income

The current asking price is $1,295,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1229 W 37th Drive. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1906. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 87 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: RICARDO GONZALEZ
MLS ID: ws79631

Available property

$1,295,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.