1465 W 37th Pl, Los Angeles, CA 90018 - View 1
1465 W 37th Pl, Los Angeles, CA 90018 - View 2
1465 W 37th Pl, Los Angeles, CA 90018 - View 3
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1465 W 37th Pl, Los Angeles, CA 90018

List Price: $1,500,000On Market FlagOn market
Jun 13, 2025728 sqft1 beds1 baths
Listed by: Cayenne Kuang
License #: 01231003
Phone #: 949-551-9888
Spectrum Realty
Source:
CRMLS Logo
MLS #: OC25133434

Property Description

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.
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,828

TurboHome Estimated Value

$977,600

$1,343 sqft

High Valuation
$1,026,480
$1410/sqft
Normal Valuation
$977,600
$1343/sqft
Low Valuation
$928,720
$1276/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1343/sqft$977,600

Neighborhood: South Los Angeles

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Comparative Value

$600K

$690K

$800K

$1.19M

$1.50M

1430 W 65th Pl, Los Angeles, CA 90047

Sale Price: $600,000

Selected Comparable

1607 W 60th St, Los Angeles, CA 90047

Sale Price: $610,000

Selected Comparable

1763 W 51st St, Los Angeles, CA 90062

Sale Price: $690,000

Selected Comparable

3894 Arlington Ave, Los Angeles, CA 90008

Sale Price: $800,000

Selected Comparable

1574 W 37th St, Los Angeles, CA 90018

Sale Price: $1,188,000

Selected Comparable

1465 W 37th Pl, Los Angeles, CA 90018

List Price: $1,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1465 W 37th Pl, Los Angeles, CA 90018

1465 W 37th Pl, Los Angeles, CA 90018

List: $1,500,000

Listed: 6/13/2025

Area:728 sqft
Price/sqft:$2,060
Beds:1
Baths:1
Year Built:
Lot Size:6,842

Comparable Properties

COMPARABLE
Choose comps
1574 W 37th St, Los Angeles, CA 90018

1574 W 37th St, Los Angeles, CA 90018

Sale: $1,188,000

10/29/20240.19 mi

Area:864 sqft
Price/sqft:$1,375
Beds:2
Baths:1
Year Built:
Weight:23.0%
1607 W 60th St, Los Angeles, CA 90047

1607 W 60th St, Los Angeles, CA 90047

Sale: $610,000

5/15/20252.36 mi

Area:701 sqft
Price/sqft:$870
Beds:2
Baths:2
Year Built:
Weight:20.7%
1763 W 51st St, Los Angeles, CA 90062

1763 W 51st St, Los Angeles, CA 90062

Sale: $690,000

12/9/20241.67 mi

Area:884 sqft
Price/sqft:$781
Beds:2
Baths:1
Year Built:
Weight:19.4%
3894 Arlington Ave, Los Angeles, CA 90008

3894 Arlington Ave, Los Angeles, CA 90008

Sale: $800,000

1/23/20250.98 mi

Area:954 sqft
Price/sqft:$839
Beds:2
Baths:1
Year Built:
Weight:18.7%
1430 W 65th Pl, Los Angeles, CA 90047

1430 W 65th Pl, Los Angeles, CA 90047

Sale: $600,000

6/11/20252.80 mi

Area:1,002 sqft
Price/sqft:$599
Beds:2
Baths:1
Year Built:
Weight:18.2%

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