1465 W 37th Place Los Angeles, CA 90018
Exposition Park NeighborhoodEstimated payment $8,041/month
Total Views
2,039,473
33
Beds
--
Bath
9,718
Sq Ft
$154
Price per Sq Ft
Highlights
- Solar Power System
- Multi-Level Bedroom
- Great Room
- Green Roof
- Main Floor Bedroom
- No HOA
About This Home
Ready-to-Build Student Housing approx 0.5 mile from USC. Exceptional development opportunity in the heart of University Park — just steps from USC’s main campus. Fully permitted and engineered for two separate 3-story wood-frame buildings, this site is ready for immediate construction. Ideal for developers, builders, or 1031-exchange buyers looking for turnkey student rental income.Highlights • Prime Location: walking distance to campus, dining, and transit. • Fully Approved Plans: Includes architectural, structural, permit-ready under LABC 2023 standards. No entitlement delays. • Maximized Rental Yield: Two detached buildings with ideal floor plans for co-living or roommate configurations. • Code-Compliant & Safe: Complete fire sprinkler system, seismic and wind-load engineering, modern drainage and LID plan. • Sustainable Site Design: Features permeable paving, artificial grass, energy-efficient light fixtures, and city-approved stormwater mitigation. • Investor-Ready Returns: Strong cap-rate area fueled by USC student demand. Options to refinance, hold, or sell as rentals or condos.
Listing Agent
Spectrum Realty Brokerage Phone: 949-872-7700 License #01231003 Listed on: 06/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $590
Year Built
- Built in 2025
Lot Details
- 6,842 Sq Ft Lot
- No Common Walls
- Density is 31-35 Units/Acre
Parking
- 4 Car Attached Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 9,718 Sq Ft Home
- 1-Story Property
- Formal Entry
- Great Room
- Center Hall
- Laundry Room
Bedrooms and Bathrooms
- 33 Bedrooms | 5 Main Level Bedrooms
- Multi-Level Bedroom
- Dressing Area
Eco-Friendly Details
- Green Roof
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient Exposure or Shade
- Energy-Efficient Construction
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Insulation
- Energy-Efficient Doors
- Energy-Efficient Thermostat
- Solar Power System
- Water-Smart Landscaping
Utilities
- Central Air
- High-Efficiency Water Heater
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 17
- Assessor Parcel Number 5041028017
- $350 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 33 Units
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $590 | $969,000 | $944,010 | $24,990 |
| 2024 | $590 | $27,324 | $23,036 | $4,288 |
| 2023 | $587 | $26,789 | $22,585 | $4,204 |
| 2022 | $574 | $26,265 | $22,143 | $4,122 |
| 2021 | $562 | $25,751 | $21,709 | $4,042 |
| 2019 | $551 | $24,989 | $21,066 | $3,923 |
| 2018 | $391 | $24,500 | $20,653 | $3,847 |
| 2016 | $318 | $23,551 | $19,852 | $3,699 |
| 2015 | $312 | $23,198 | $19,554 | $3,644 |
| 2014 | $326 | $22,744 | $19,171 | $3,573 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | For Sale | $1,500,000 | +57.9% | $154 / Sq Ft |
| 05/31/2024 05/31/24 | Sold | $950,000 | +6.8% | $1,305 / Sq Ft |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- |
| 02/14/2024 02/14/24 | For Sale | $889,900 | -- | $1,222 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | Fidelity National Title | |
| Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $551,000 | Construction |
Source: Public Records
About the Listing Agent
With years of experience in commercial real estate, I am passionate about helping clients navigate the complexities of the market. Throughout my career, I’ve had the opportunity to work with diverse clients, assisting them in finding the right properties to meet their needs. I’m excited to continue expanding my knowledge and contributing to the dynamic world of commercial real estate.
Cayenne's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25133434
APN: 5041-028-017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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