1241 W 37th Drive, Los Angeles, CA 90007

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1241 W 37th Drive,Los Angeles, CA 90007
$1,800,000
  • 7 Beds
  • 7 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniel lewin
Office: younglewin advisors, inc.
MLS#:PW26224491
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,800,000

About this home

Unique Opportunity - 3-unit, 10-bedroom USC-area investment just a 5-minute walk to campus with2 units delivered vacant. 1241 W. 37th Drive offers two buildings totaling approx. 3,727 SF on a 6,600 SF lot with ample on-site parking. As a 3-unit property, it may qualify for residential financing, and 2 of the 3 units will be delivered vacant, giving a buyer the flexibility to lease to non-student tenants or achieve a student housing premium at market for the upcoming academic year. Front house (1907): a fully renovated 4 bed/4 bath home, currently occupied. Rear building (2013): a 2-story townhome-style building with two 3 bed/3 bath units, each with in-unit laundry, both vacant. Units are separately metered for electricity and gas (as applicable) with tenants paying directly. Property-wide private WiFi and 24/7 monitored security. Offered at $1,800,000, $600,000 per unit and $483 per SF. Projected market rents total $12,800/month ($153,600/year), reflecting a 11.27 market GRM and...

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Home facts

  • Listing ID #:PW26224491
  • Added:22 day(s) ago
  • Updated:November 12, 2026 at 04:13 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7

Finances and disclosures

  • Price:$1,800,000
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