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$ 3,100,000
Est. payment /mo
New
1207 W 37th PL Los Angeles, CA 90007
14 Beds
13 Baths
5,372 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,372 sqft
Price per Sqft $577
MLS Listing ID 25546991
Bedrooms 14
HOA Y/N No
Year Built 1901
Lot Size 7,000 Sqft
Property Description
*This property is part of the Prime Student Housing Portfolio - May be purchased all together or separately.* Fully leased for the 2025-2026 school year! Prime turnkey USC student housing investment featuring two fully upgraded buildings with 14 oversized bedrooms, supporting up to 28 tenants. The front home, a 6 bed/4.5 bath SFR, was fully renovated down to the studs in 2016 with modern systems, bonus loft areas, and in-unit laundry. The rear duplex, built in 2017, includes two spacious 4 bed/4 bath townhome-style units designed specifically for student renters. The property also offers on-site parking, a total of 5,372 sq. ft. of living space, and sits on a nearly 7,000 sq. ft. lot. Located within the USC DPS Patrol Zone and Campus Cruiser area, it's just a short walk to campus, the Expo Metro Line, and USC Village. With a 6.0% CAP rate, stable income, and future value-add potential through garage ADU conversion, this asset blends immediate cash flow with long-term upside.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LARD2
Interior
Heating None
Fireplace No
Exterior
Parking Features Gated
Community Features Gated
Total Parking Spaces 3
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5040015021
Security Features Gated Community
Special Listing Condition Standard
Listed by Michael R. Fukushima • Keller Williams Los Angeles
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