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$2,999,000
47 Days On Site

1325 W 37th Place
Los Angeles, CA 90007

For Sale|Residential Income|Active
18
Beds
12
Total Baths
5,355
SqFt
$560
/SqFt
2017
Built
County:
Los Angeles
Listed by Christopher Newell of Berkshire Hathaway HomeServices California Properties [email protected]

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1325 W 37th Place1325 W 37th Place1325 W 37th Place1325 W 37th Place
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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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Listing Snapshot
Price 
$2,999,000
Days On Site 
47 Days
Bedrooms 
18
Inside Area (SqFt) 
5,355 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1607 Acres
Year Built 
2017
MLS® Number 
25530605
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1607
Number Of Stories 
2
Parking 
AssignedGatedOn Street
Security 
Security Gate
Special Circumstances 
Standard
SqFt Total 
5355
Stories 
Two
Zoning 
LARD2
Interior Features
Appliances 
DishwasherMicrowaveDryerWasher
Fireplace Features 
None
Heating 
Central
Interior 
Ceiling Fan(s)
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Community Features
Building Access 
Living Room
MLS Area 
C34 - Los Angeles Southwest


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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