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For sale
  • $2,999,000

    1325 W 37th Pl, Los Angeles, CA 90007

    18beds
    12baths
    5,355sqft
    : 
    Multi Family
    Built in 2017
    -- sqft lot
    $2,932,300 Zestimate®
    $560/sqft
    $-- HOA

    What's special

    Contemporary finishesSpacious layoutsIn-unit amenities
    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.
    50 days
    on Zillow
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    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#: 25530605MLS Logo
    Travel times

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    Next available tour time:Tomorrow at 11am

    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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