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1325 W 37th Pl

Los Angeles, CA 90007
  • $2,999,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 25530605
UPDATED: 29 min ago
$2,999,000
  • 18
    BEDS
  • 0.16
    ACRES
  • 12
    BATHS
  • 0
    1/2 BATHS
  • 5,355
    SQFT
  • $560
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2017
County:

School Ratings & Info

Description

Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3-unit, 18-bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought-after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in-unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value-add opportunity, this asset is perfectly positioned for both immediate income and long-term appreciation. Don't miss out on this opportunity to own a turnkey, high-yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T13:44:52.467. 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.
www.deserthouseseekers.com/homes/163076102
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1325 W 37th Pl Los Angeles, CA 90007

  • Price: $2,999,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 29 min ago
  • MLS #: 25530605
18
Beds
12
Baths
0
½ Baths
0.16
Acres
5,355
SQFT
$560
$/SQFT
2017
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
Located just two blocks from the University of Southern California (USC), in the USC Patrol Zone. This modern 3-unit, 18-bedroom student housing property is priced under $167k per door, offering an exceptional investment opportunity in one of the most sought-after rental markets in Los Angeles. Built in 2017, the property features contemporary finishes, spacious layouts, and in-unit amenities tailored to meet the needs of today's students. Fully leased at $17,665 per month and 13.8 GRM, the property presents significant rental upside to a 10 GRM or better. A new owner can capitalize on the strong demand for quality student housing in the USC area by bringing rents up to market and maximize cash flow and returns. With its unbeatable location, modern construction, and value-add opportunity, this asset is perfectly positioned for both immediate income and long-term appreciation. Don't miss out on this opportunity to own a turnkey, high-yield student housing properties a stones throw from USC; one of the Nations Most Esteemed Universities.
Exterior Features

Entry Location Living Room Levels Two Lot Location Alley Access Lot Size Area 7002 Other Structures None Parking Garage On streetGatedControlled EntranceAssigned Total Parking 0

Interior Features

Common Walls Detached/No Common Walls Cooling Air Conditioning Equipment Ceiling FanDishwasherDryerRange/OvenMicrowaveWasher Fireplace Rooms None Heating Central Laundry In Unit

Property Features

Disclosures None Gross Income 216780 Gross Operating Income 212444 Like Units1 3 Net Operating Income 149834.00 Number Of Buildings 3 Number Of Units 3 Owner Pays Gardener Sale Type Standard Security Features Exterior Security LightsAutomatic Gate Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityWater Total Annual Expense 62610 Type Of Units Townhome Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LARD2

Listing provided courtesy of Christopher Newell DRE# of Berkshire Hathaway HomeServices California Propert: 310-207-7080.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T13:44:52.467. 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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