
1572 West 37th Place, Los Angeles, CA 90018
1572 West 37th Place, Los Angeles, CA 90018
Property Description
We are excited to offer a unique opportunity to acquire an opportunity to build a premier student housing development, just two blocks from the University of Southern California (USC). Situated at 1572 W. 37th Street, this project features 3 residential units totaling 25 bedrooms and 25 bathrooms across 5 distinct units. The project has RTI. The 3-story building design includes two residential units, with 17 bedrooms and 17 bathrooms. Additionally, there are two detached ADUs, each with 8 bedrooms and 8 bathrooms, totaling 8,590 square feet of rentable space. This project offers a streamlined construction process, allowing developers to reduce costs and accelerate completion. Purpose-built for co-living, every floor provides spacious common areas and each bedroom comes with its own private bathroom, ensuring tenant comfort and privacy. Beyond its student housing potential, this property offers flexibility, with the option to rent to affordable housing programs has potentially steady rental income. With its highly desirable location near USC, tenants will enjoy easy access to campus, University Village, and all the amenities that the area offers. Don't miss out on this opportunity contact the listing agent for further details! Please note that the buyer is responsible for conducting all due diligence regarding property conditions, zoning. SOLD AS IS. Buyer to verify all permits and records with city.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Los Angeles · Single Family Residence
Listed 10.5% below the median closed sale of $1,100,000. Closed comps sold at 100% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 5065 Alhambra | Los Angeles | 1925 | 2 | 1 | 886 | 2,608 | $559 | $495,000 | 18 | 85 |
| 3028 Ingledale Terrace | Los Angeles | 1927 | 2 | 1 | 888 | 4,795 | $1,126 | $999,999 | 2 | 84 |
| 1336 Edgecliffe Drive | Los Angeles | 1923 | 2 | 1 | 883 | 7,327 | $1,529 | $1.35M | 11 | 84 |
| 5326 Smiley Drive | Los Angeles | 1924 | 2 | 1 | 872 | 4,802 | $1,089 | $950,000 | 156 | 82 |
| 5408 7th Avenue | Los Angeles | 1920 | 2 | 2 | 875 | 6,078 | $799 | $699,000 | 2 | 82 |
| Total: 5 · Average | 2.0 | 1.2 | 880.8 | 5,122 | $1,020.4 | $898,799.8 | 37.8 | |||
| Median | 883 | $950,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4424 Griffin Avenue | Los Angeles | 1923 | 10/07/2026 | 2 | 2 | 1,008 | 6,238 | $1.07M | $1.10M | $1,091 | 1.02 | 25 | 88 |
| 4612 Saloma Avenue | Los Angeles | 1927 | 10/08/2026 | 2 | 2 | 1,120 | 6,752 | $1.20M | $1.15M | $1,027 | 0.96 | 40 | 86 |
| 1308 56th Street | Los Angeles | 1923 | 10/07/2026 | 2 | 1 | 957 | 3,485 | $599,000 | $640,000 | $669 | 1.07 | 68 | 86 |
| 3517 Ellsworth Street | Los Angeles | 1931 | 10/06/2026 | 2 | 1 | 1,013 | 3,544 | $975,000 | $985,000 | $972 | 1.01 | 114 | 85 |
| 5124 Mullen Avenue | Los Angeles | 1925 | 10/06/2026 | 2 | 2 | 1,336 | 6,403 | $1.23M | $1.19M | $887 | 0.97 | 82 | 84 |
| Total: 5 · Average | 2.0 | 1.6 | 1,086.8 | 5,284.4 | $1.01M | $1.01M | $929.2 | — | 65.8 | ||||
| Median | 1,013 | $1.10M | $1.10M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.