About 1229 W 37th Drive
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.
Features of 1229 W 37th Drive
| MLS® # | WS26106991 |
|---|---|
| Price | $1,295,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Acres | 0.15 |
| Year Built | 1906 |
| Type | Residential Income |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 1229 W 37th Drive |
|---|---|
| Area | C34 - Los Angeles Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90007 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | TwoToFiveUnitsAcre |
|---|
Additional Information
| Date Listed | May 17th, 2026 |
|---|---|
| Days on Market | 116 |
| Zoning | LARD2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ricardo Gonzalez |
|---|---|
| Office | CITYWIDE ELITE REALTY |