1366 W 37th Place, Los Angeles, CA 90007

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1366 W 37th Place

$990,000

Overview

Property ID: HZ25502983

10
Bedrooms

6
Bathrooms

3678
Sq Ft

1904
Year Built

Description

Now with 3 vacant units! Back on market with 2nd price reduction. 6-unit apartment building located within the USC Patrol Zone. The property is located 2.5 blocks west of the USC Campus and currently has three vacant 1 bedroom bungalow-style units. With an ideal unit mix of four 1 bedroom 1 bath, one 3 bedroom 1 bath, and one 3 bedroom 2 bath units, the asset presents an opportunity for an investor to convert the tenancy to student housing. 2.5 blocks away from this property, the $1 Billion dollar Lucas Museum’s structure is taking shape. The 5-story museum includes 300,000 SF of exhibition space, which will house the 100,000-piece collection of George Lucas’ paintings, sculpture, photographs and other forms of art related to film. Next to the Lucas Museum stands the L.A. Coliseum, site of the 2028 Olympic Games.