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1366 W 37Th Pl Los Angeles, CA 90007

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For Sale
$990,000

Six-unit apartment building near USC with value-add potential.

Lot size:
0.15 Acres

Property Features for 1366 W 37Th Pl

General Information

Lot size
0.15 Acres

Building Details

Year built
1904
Source: Elliman

Listing Agency: Kidder Mathews of California, Inc.

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

USC Adjacent Multifamily Investment Opportunity

This six-unit apartment building is located within the USC Patrol Zone, situated 2.5 blocks west of the USC Campus. The property features an ideal unit mix of four 1-bedroom 1-bath units, one 3-bedroom 1-bath unit, and one 3-bedroom 2-bath unit. Currently, there are three vacant 1-bedroom bungalow-style units. This asset presents an opportunity for an investor to convert the tenancy to student housing. The property is located 2.5 blocks away from the $1 Billion Lucas Museum, which is currently under construction. The 5-story museum will include 300,000 square feet of exhibition space to house George Lucas' 100,000-piece collection of art related to film. The L.A. Coliseum, the site of the 2028 Olympic Games, is located next to the Lucas Museum.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.29946
Latitude
34.01982

FAQs

What type of property is this?
Apartment building - Six-unit apartment building near USC with value-add potential.
Where is this apartment building located?
The property is located at 1366 W 37Th Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: - Located within the USC Patrol Zone, offering enhanced security and safety.; - Proximity to USC Campus (2.5 blocks), ideal for student housing conversion.; - Three vacant 1-bedroom bungalow-style units, providing immediate rental income potential or renovation opportunities.
More about this property
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