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3108008221
Real Estate Company
1525 W 37th Street, Los Angeles, CA 90018
- $800,000
- 2
- BD
- 2
- BA
- 894
- SqFt
- List Price
- $800,000
- Price Change
- ▼ $80,000 1793765152
- Status
- ACTIVE
- MLS#
- 26857625
- Year Built
- 1905
- Bedrooms
- 2
- Bathrooms
- 2
- Living Sq. Ft
- 894
- Lot Size
- 6,402
- Acres
- 0.15
- Days on Market
- 117
- Property Type
- Single Family Residential
- Style
- See Remarks
- Property Sub Type
- Single Family Residence
- Stories
- One Level
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
- Pool Description
- None
- Attached Structure
- Attached
Listing courtesy of Listing Agent: Adam Shamooelian (Adam@shamooeliangroup.com) from Listing Office: Keller Williams Beverly Hills.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.