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$ 3,100,000
Est. payment /mo
Active
1207 W 37th Place Los Angeles, CA 90007
10 Beds
5,372 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,372 sqft
Price per Sqft $577
MLS Listing ID CL25546991
Bedrooms 10
HOA Y/N No
Year Built 1901
Lot Size 7,001 Sqft
Acres 0.16
Property Sub-Type OTHER
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
Zoning LARD
Interior
Heating None
Fireplace No
Exterior
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 5040015021
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael R. Fukushima • Keller Williams Los Angeles