Los Angeles, CA 90007,1325 W 37th Pl
Los Angeles, CA 90007,1325 W 37th Pl
Los Angeles, CA 90007,1325 W 37th Pl
19
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$2,999,000
Est. payment /mo
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18 Beds
12 Baths
5,355 SqFt
New

1325 W 37th Pl Los Angeles, CA 90007

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Kristen Riffle

Kristen Riffle

Simply Vegas

+1(702) 497-0730

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,355 sqft

Price per Sqft $560

MLS Listing ID 25530605

Bedrooms 18

Year Built 2017

Lot Size 7,002 Sqft

Acres 0.1607

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Fireplaces Type None

Equipment Ceiling Fan, Dishwasher, Dryer, Range/Oven, Microwave, Washer

Laundry In Unit

Exterior

Parking Features On street, Gated, Controlled Entrance, Assigned

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Berkshire Hathaway HomeServices California Propert
agent
Kristen Riffle

Agent | RE. S.0177577

+1(702) 497-0730 | [email protected]

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1325 W 37th Pl