Los Angeles, CA 90007 1325 W 37th Place

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Presented By: Christopher Newell with Berkshire Hathaway HomeServices California Properties;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25530605
  • 04/28/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 18
  • Baths • 12
  • SQFT • 5,355

Home Details

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.
Presented By: Christopher Newell with Berkshire Hathaway HomeServices California Properties;

Interior Features for 1325 W 37th Place

Bedrooms

Total Bedrooms18

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories2

General for 1325 W 37th Place

Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Dryer, Washer
Attached Garage No
Cap Rate5.0
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Directions1325 W 37th Pl Los Angeles CA 90007
Electric On Property Y/NNo
Entry LocationLiving Room
Full Baths
Garage Y/NNo
Gross Income216780.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7002.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income149834.0
New ConstructionNo
Number Of Units Total3
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesSecurityGate
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas, Water
Waterfront Y/NNo
Year Built2017
ZoningLARD2

Exterior for 1325 W 37th Place

Building Area Total5355.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1607
Lot Size Area7002.0
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesAssigned, ControlledEntrance, Gated, OnStreet
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,999,000
MLS#25530605
List Date 04/28/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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