1325 W 37th Place, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1325 W 37th Place,Los Angeles, CA 90007
$2,999,000
- 6 Beds
- - Baths
- 5,355 sq. ft.
- Multi-family
- Active
Listed by:christopher newell
Office:berkshire hathaway homeservices california properties
MLS#:CL25530605
Source:CA_BRIDGEMLS
Price summary
- Price:$2,999,000
- Price per sq. ft.:$560.04
About this home
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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Home facts
- Year built:2017
- Listing ID #:CL25530605
- Added:165 day(s) ago
- Updated:October 11, 2025 at 02:40 PM
Rooms and interior
- Bedrooms:6
- Living area:5,355 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:2017
- Building area:5,355 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$2,999,000
- Price per sq. ft.:$560.04
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