1183 W 37th Drive
Los Angeles, CA 90007
- 2 beds
- 1 bath
- 1,036 sqft
- 4,000 sqft lot
- $892 per sqft
- 1921 build
- – on site
Prime redevelopment opportunity steps from the University of Southern California's main campus. The owner has approved plans for a 3-bedrooms (could have 4 beds) /3-bathh ADU and main house remodel 3bd/2ba with office/bonus room. Nestled within the DPS and CSC patrol zones, and walking distance to Exposition Park the site of iconic landmarks such as the LA Memorial Coliseum, the Banc of California Stadium, and the forthcoming $1 billion George Lucas Narrative Art Museum the property benefits from an unbeatable location that continues to attract investment and development interest. The site is also within easy walking distance of the Metro Light Rail Expo Line, which provides direct access to Downtown Los Angeles and Santa Monica. 1,036 sqft, owner-occupied, single-family home featuring two bedrooms, one bathroom, a spacious living room, dining room, den, and laundry room, the property is being offered vacant at the time of sale. Redevelopment potential of the 4,000 square foot LARD2-zoned lot. Ideal use is for a tear-down and new student housing construction. By-right development would allow for two new units (buyer to verify with the city). This offering provides a rare opportunity for an investor or developer to capitalize on the strong demand for student housing in the USC submarket by operating the existing structure during the entitlement process or immediately pursuing new construction to maximize the site's value.
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Last updated Apr 12, 2025
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MLS# 25522421 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1921
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New Construction:No
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Architectural Style:Bungalow
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Common Walls:No Common Walls
Interior
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Levels:One
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Flooring:Wood
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Room Type:Living Room
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Fireplace:Yes
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Fireplace:Decorative
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Laundry:Individual Room
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Laundry:1
Room Dimensions
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Living Area:1036.00
Location
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Directions:West of Vermont, North of Exposition Blvd
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Latitude:34.01924700
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Longitude:-118.29405400
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LARD2
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Lot Size Area:4000.0000
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Lot Size Dimensions:40x100
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Lot Size Acres:0.0918
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Lot Size SqFt:4000.00
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View:None
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:2
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5040032020
Heating & Cooling
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Heating:1
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Heating:Natural Gas
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:2.00
Monthly cost estimate

Asking price
$925,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,953
|
Taxes | N/A |
Insurance | $254 |
Utilities | $144 See report |
Total | $5,351/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/9/25
Apr 9, 2025
|
Listed / Active | CRMLS_CA | $925,000 | 12.1% (2.3% / YR) |
12/13/19
Dec 13, 2019
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CRMLS_CA | $825,000 | ||
11/8/19
Nov 8, 2019
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CRMLS_CA | $825,000 |