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$1,495,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 5 days ago
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ATTENTION USC STUDENT HOUSING DEVELOPERS: Rare TOC Tier 3 development opportunity in the heart of the USC DPS Patrol Zone, less than 1 block from campus. 6,600 SF lot zoned LARD2 with confirmed TOC Tier 3 incentives supports a development of approximately 7 units / 28+ beds under density bonus + ADU/JADU stack (buyer to verify with architect). Property to be delivered 100% VACANT at close of escrow - no RSO relocation costs, no tenant buyouts, no holding delays. Existing 3-unit improvement (2012-built rear units + front house, 5 bd / 3 ba total) provides optional holding income during entitlement, or immediate demolition to begin construction. Developer buyers - call listing agent for offering memorandum and feasibility study. Owner is motivated; reviewing offers on a rolling basis. Buyer to verify all development potential, zoning, and entitlement options with City of Los Angeles Planning and own consultants. Tours by appointment only - please do not disturb existing occupants.

Full Property Details for 1229 W 37th Dr

General

  • Price: $1,495,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: WS26106991
  • Updated: 5/21/2026
  • Days on Market: 8 days
  • Added to Site: 9 day(s) ago

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None

Location

  • Area: C34 - Los Angeles Southwest
  • County: Los Angeles
  • Development Name: C34 - Los Angeles Southwest
  • Driving Directions: West ExpoBlvd, N Catalina St, W 37th Dr

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Entry Location: Front Door
  • Square Feet: 2,100
  • Year Built: 1906

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1516
  • Lot Size (Sq. Ft.): 6,602
  • Lot Size Source: Estimated
  • Zoning: LARD2
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $711.9
  • Price Per Unit: 498333

Listed by Citywide Elite Realty, RICARDO GONZALEZ

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Listing agent

— 1229 W 37th Dr —

  • RICARDO GONZALEZ

    Citywide Elite Realty

323-702-1832

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1229 W 37th Dr

School District:Los Angeles Unified School District
NameGradesDistance
Lenicia B. Weemes Elementary School
1260 West 36th Place, Los Angeles, CA 90007
PK-50.2 mi
Foshay Learning Center
3751 South Harvard Boulevard, Los Angeles, CA 90018
6-120.7 mi
Manual Arts Senior High School
4131 South Vermont Avenue, Los Angeles, CA 90037
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1229 W 37th Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/18/2026
Listed
$1,495,000
-78.33%
MLS
6/16/2010
Sold
$6,900,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Citywide Elite Realty, RICARDO GONZALEZ

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1229 W 37th Drive, Los Angeles, CA 90007 (MLS# WS26106991) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1229 W 37th Drive is currently listed for $1,495,000 and was received on May 18, 2026. Want to learn more about 1229 W 37th Drive? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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