1344 W 37th Place, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1344 W 37th Place,Los Angeles, CA 90007
$3,350,000
- 18 Beds
- 18 Baths
- 5,740 sq. ft.
- Multi-family
- Active
Listed by: benjamin lee, chi zhang
Office: lyon stahl investment real estate, inc.
MLS#:26656429
Source:CRMLS
Price summary
- Price:$3,350,000
- Price per sq. ft.:$583.62
About this home
We are pleased to present 1344 W 37th Pl, a premier 2021-constructed student housing investment opportunity located just west of USC within the university's 24-hour DPS patrol zone. Purpose-built to capture the robust demand from USC's 46,000+ students, 65% of whom live off-campus, the property offers three units each with 6 bedrooms and 6 bathrooms. Each unit features high-end finishes, quartz countertops, stainless steel appliances, central HVAC, and in-unit laundry, and individually metered for all utilities: gas, electricity, & water. Each unit has only two floors and offers spacious open layouts, designed to promote maximum comfort for the students. The property is ideally situated within walking distance to University Park and near the Expo/Vermont Metro Station providing easy access to Downtown Los Angeles, Mid-City, and the Westside. Combined with parental guarantees on leases and occupancy levels routinely achieving 100% for the school year, the asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. The investment is fully occupied by USC students and offers a strong 7.23% current cap rate and 9.71 GIM with a monthly scheduled gross income of $28,764. This turnkey opportunity allows investors to maximize returns in one of Los Angeles' most stable rental submarkets. This combination of modern construction, durable student demand, and excellent operating fundamentals makes 1344 W 37th Pl ideal for any HNW individual or family office seeking a combination of yield, tax shelter, and long-term appreciations.
Contact an agent
Home facts
- Year built:2021
- Listing ID #:26656429
- Added:1 day(s) ago
- Updated:February 25, 2026 at 02:28 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:18
- Living area:5,740 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:2021
- Building area:5,740 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$3,350,000
- Price per sq. ft.:$583.62
New listings near 1344 W 37th Place
- New
$949,949Active3 beds 2 baths1,391 sq. ft.9710 Lubao Avenue, Chatsworth (los Angeles), CA 91311
MLS# CRBB25279371Listed by: BRAD KORB REAL ESTATE GROUP - New
$1,150,000Active4 beds 3 baths1,602 sq. ft.10155 Mount Gleason, Sunland (los Angeles), CA 91040
MLS# CRPF26040669Listed by: CROWNROSE COMMERCIAL - New
$600,000Active2 beds 1 baths816 sq. ft.1218 W 69th, Los Angeles, CA 90044
MLS# CV26041392Listed by: RE/MAX CHAMPIONS - New
$150,000Active0 Acres3825 Cazador, Los Angeles, CA 90065
MLS# OC26040842Listed by: PACIFIC STERLING REALTY - Open Sat, 1 to 3pmNew
$824,800Active3 beds 2 baths1,130 sq. ft.9908 Woodley Avenue, North Hills, CA 91343
MLS# SR26040732Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$1,299,999Active6 beds 3 baths2,286 sq. ft.21228 Merridy, Chatsworth, CA 91311
MLS# SR26041404Listed by: PARK REGENCY REALTY - New
$1,399,999Active3 beds 2 baths1,803 sq. ft.4028 Don Diablo, Los Angeles, CA 90008
MLS# CRPW26040695Listed by: REALTY MASTERS & ASSOCIATES - New
$339,000Active0.23 Acres2701 N Thomas Street, Los Angeles, CA 90031
MLS# CRPF26039575Listed by: REDFIN CORPORATION - New
$874,950Active5 beds 2 baths2,411 sq. ft.16309 San Jose Street, Granada Hills, CA 91344
MLS# OC26041300Listed by: EXP REALTY OF CALIFORNIA INC - New
$3,995,000Active3 beds 3 baths3,521 sq. ft.10375 Wilshire Boulevard #9HK, Los Angeles, CA 90024
MLS# 26650393Listed by: COMPASS