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.
For sale
$2,999,000
1325 W 37th Pl, Los Angeles, CA 90007
18beds
12baths
5,355sqft
Est.:
Multi Family
Built in 2017
-- sqft lot
$2,932,300 Zestimate®
$560/sqft
$-- HOA
What's special
Contemporary finishesSpacious layoutsIn-unit amenities
- 50 days
- on Zillow |
- 94 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 05:07pm
Listed by:
Christopher Newell DRE # 02098665 310-993-9213,
Berkshire Hathaway HomeServices California Properties 310-207-7080,
Babak Siminou DRE # 00980111 818-633-3304,
Simco Enterprises Inc
Source: CLAW,MLS#: 25530605

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 12
Heating
- Central
Cooling
- Air Conditioning
Appliances
- Included: Dishwasher, Dryer, Range/Oven, Microwave, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s)
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,355
- Total interior livable area: 5,355 sqft
Property
Parking
- Parking features: On Street, Gated, Secured, Assigned
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Living Room
Lot
- Size: 7,000.09 Square Feet
Details
- Additional structures: None
- Parcel number: 5040010018
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2017
Community & HOA
Community
- Security: Security Lights, Automatic Gate
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $560/sqft
- Tax assessed value: $2,898,158
- Annual tax amount: $35,438
- Date on market: 4/28/2025
- Tenant pays: Gas, Electricity, Water
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